Modern Media Acquisition Corp. Common Stock
MMDM
MMDM was delisted on the 10th of September, 2019.
17 hedge funds and large institutions have $100M invested in Modern Media Acquisition Corp. Common Stock in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 7 closing their positions.
0.54% more ownership
Funds ownership: 71.38% → 71.92% (+0.54%)
29% less capital invested
Capital invested by funds: $140M → $100M (-$40.4M)
29% less funds holding
Funds holding: 24 → 17 (-7)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$4.06M |
| 2 |
CI
Cowen Inc
New York
|
+$493K |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$19.4M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$13.4M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$8.95M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.81M |
| 5 |
DAM
Deltec Asset Management
New York
|
-$1.04M |
MMDM Hedge Fund Activity: Q2 2019 in Review
17 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Modern Media Acquisition Corp. Common Stock (MMDM) for Q2 2019, worth a combined $100M — down 29% from $140M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MMDM and 0 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Mizuho Securities USA, adding an estimated $4.06M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $19.4M sold.
- 17 institutional investors held Modern Media Acquisition Corp. Common Stock (MMDM) as of Q2 2019, down from 24 in Q1 2019.
- Funds reported $100M of Modern Media Acquisition Corp. Common Stock stock for Q2 2019, down 29% quarter-over-quarter.
- 0 funds opened new Modern Media Acquisition Corp. Common Stock positions in Q2 2019 and 7 closed out, a net change of -7 holders.
- The largest Modern Media Acquisition Corp. Common Stock buyer in Q2 2019 was Mizuho Securities USA, an estimated $4.06M added.
- The largest Modern Media Acquisition Corp. Common Stock seller in Q2 2019 was Weiss Asset Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2019.