Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock
MIT.U
MIT.U was delisted on the 2nd of February, 2023.
45 hedge funds and large institutions have $92.3M invested in Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 14 closing their positions.
17% less funds holding
Funds holding: 54 → 45 (-9)
28% less capital invested
Capital invested by funds: $127M → $92.3M (-$35.2M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$871K |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$556K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$498K |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$63K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$11.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$32M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$11.2M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$5.71M |
| 4 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
-$2.49M |
| 5 |
JP Morgan Chase
New York
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAL
51
TIG Advisors LLC
New York
| – | -$532K | -53,485 | Closed |
|
|
BI
52
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$498K | -50,000 | Closed |
|
|
SSA
53
Schonfeld Strategic Advisors
New York
| – | -$348K | -35,000 | Closed |
|
|
ICM
54
III Capital Management
Boca Raton,
Florida
| – | -$248K | -25,000 | Closed |
|
55
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$190K | -19,082 | Closed |
|
|
OMC
56
Old Mission Capital
Chicago,
Illinois
| – | -$102K | -10,216 | Closed |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$25K | -2,602 | Closed |
|
MIT.U Hedge Fund Activity: Q4 2021 in Review
45 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock (MIT.U) for Q4 2021, worth a combined $92.3M — down 28% from $127M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MIT.U and 5 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Parallax Volatility Advisers, adding an estimated $871K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $32M sold.
- 45 institutional investors held Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock (MIT.U) as of Q4 2021, down from 54 in Q3 2021.
- Funds reported $92.3M of Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock stock for Q4 2021, down 28% quarter-over-quarter.
- 5 funds opened new Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock positions in Q4 2021 and 14 closed out, a net change of -9 holders.
- The largest Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $871K added.
- The largest Mason Industrial Technology, Inc. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock seller in Q4 2021 was Glazer Capital LLC, an estimated $32M sold.
Based on aggregated 13F filings for Q4 2021.