Modern Media Acquisition Corp. Common Stock
MMDM
MMDM was delisted on the 10th of September, 2019.
24 hedge funds and large institutions have $140M invested in Modern Media Acquisition Corp. Common Stock in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less capital invested
Capital invested by funds: $167M → $140M (-$26.5M)
33% less funds holding
Funds holding: 36 → 24 (-12)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.26M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$2.37M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$1.74M |
| 4 |
CI
Cowen Inc
New York
|
+$1.57M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.16M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.42M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$4.88M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$4.56M |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$3.93M |
MMDM Hedge Fund Activity: Q1 2019 in Review
24 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Modern Media Acquisition Corp. Common Stock (MMDM) for Q1 2019, worth a combined $140M — down 16% from $167M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MMDM and 5 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Weiss Asset Management, adding an estimated $5.26M. The largest seller was Bank of Montreal, exiting entirely with an estimated $9.16M sold.
- 24 institutional investors held Modern Media Acquisition Corp. Common Stock (MMDM) as of Q1 2019, down from 36 in Q4 2018.
- Funds reported $140M of Modern Media Acquisition Corp. Common Stock stock for Q1 2019, down 16% quarter-over-quarter.
- 5 funds opened new Modern Media Acquisition Corp. Common Stock positions in Q1 2019 and 16 closed out, a net change of -11 holders.
- The largest Modern Media Acquisition Corp. Common Stock buyer in Q1 2019 was Weiss Asset Management, an estimated $5.26M added.
- The largest Modern Media Acquisition Corp. Common Stock seller in Q1 2019 was Bank of Montreal, an estimated $9.16M sold.
Based on aggregated 13F filings for Q1 2019.