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.
54 hedge funds and large institutions have $129M 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 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 13 closing their positions.
14% less funds holding
Funds holding: 63 → 54 (-9)
31% less capital invested
Capital invested by funds: $187M → $129M (-$58.8M)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$555K |
| 2 |
VF
Virtu Financial
New York
|
+$294K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$265K |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$262K |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.8M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$12.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.08M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.69M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$3.65M |
MIT.U Hedge Fund Activity: Q3 2021 in Review
54 of the 5,729 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 Q3 2021, worth a combined $129M — down 31% from $187M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MIT.U and 5 opened new positions — a net loss of 8 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $555K. The largest seller was Millennium Management, cutting an estimated $12.8M.
- 54 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 Q3 2021, down from 63 in Q2 2021.
- Funds reported $129M 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 Q3 2021, down 31% 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 Q3 2021 and 13 closed out, a net change of -8 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 Q3 2021 was Flow Traders U.S., an estimated $555K 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 Q3 2021 was Millennium Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2021.