Modern Media Acquisition Corp. Common Stock
MMDM
MMDM was delisted on the 10th of September, 2019.
36 hedge funds and large institutions have $177M invested in Modern Media Acquisition Corp. Common Stock in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
23.11% more ownership
Funds ownership: 63.07% → 86.18% (+23%)
13% more funds holding
Funds holding: 32 → 36 (+4)
8% more capital invested
Capital invested by funds: $165M → $177M (+$12.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$51.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.17M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.84M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.04M |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$13.8M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$3.1M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.04M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$404K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$313K |
MMDM Hedge Fund Activity: Q4 2018 in Review
36 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Modern Media Acquisition Corp. Common Stock (MMDM) for Q4 2018, worth a combined $177M — up 7.6% from $165M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MMDM positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Macquarie Group, adding an estimated $51.6M. The largest seller was Karpus Investment Management, cutting an estimated $13.8M.
- 36 institutional investors held Modern Media Acquisition Corp. Common Stock (MMDM) as of Q4 2018, up from 32 in Q3 2018.
- Funds reported $177M of Modern Media Acquisition Corp. Common Stock stock for Q4 2018, up 7.6% quarter-over-quarter.
- 6 funds opened new Modern Media Acquisition Corp. Common Stock positions in Q4 2018 and 2 closed out, a net change of +4 holders.
- The largest Modern Media Acquisition Corp. Common Stock buyer in Q4 2018 was Macquarie Group, an estimated $51.6M added.
- The largest Modern Media Acquisition Corp. Common Stock seller in Q4 2018 was Karpus Investment Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2018.