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.
40 hedge funds and large institutions have $72.6M 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 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 12 closing their positions.
11% less funds holding
Funds holding: 45 → 40 (-5)
21% less capital invested
Capital invested by funds: $92.3M → $72.6M (-$19.6M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$344K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$320K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$236K |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$145K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$25.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$11.1M |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$2.51M |
| 3 |
Citigroup
New York
|
-$2.24M |
| 4 |
HP
Hound Partners
New York
|
-$1.64M |
| 5 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
-$518K |
MIT.U Hedge Fund Activity: Q1 2022 in Review
40 of the 6,360 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 Q1 2022, worth a combined $72.6M — down 21% from $92.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MIT.U and 7 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $344K. The largest seller was Allspring Global Investments, exiting entirely with an estimated $11.1M sold.
- 40 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 Q1 2022, down from 45 in Q4 2021.
- Funds reported $72.6M 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 Q1 2022, down 21% quarter-over-quarter.
- 7 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 Q1 2022 and 12 closed out, a net change of -5 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 Q1 2022 was Cubist Systematic Strategies, an estimated $344K 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 Q1 2022 was Allspring Global Investments, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2022.