Modern Media Acquisition Corp. Unit
MMDMU
MMDMU was delisted on the 10th of September, 2019.
11 hedge funds and large institutions have $40.2M invested in Modern Media Acquisition Corp. Unit in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
8% less funds holding
Funds holding: 12 → 11 (-1)
23% less capital invested
Capital invested by funds: $52.2M → $40.2M (-$11.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$632K |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$25K |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$6.02K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$10.1M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.56M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$1.3M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$662K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DKCM
1
Davidson Kempner Capital Management
New York
| $9.35M | -$1.3M | -125,500 | -12% |
|
|
OAM
2
Oxford Asset Management
Oxford,
United Kingdom
| $8.96M | – | – | – |
|
|
PAMP
3
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $7.3M | +$25K | +2,410 | +0.3% |
|
|
PC
4
Periscope Capital
Toronto,
Ontario, Canada
| $3.42M | -$1.56M | -150,000 | -33% |
|
|
CI
5
Cowen Inc
New York
| $2.65M | +$632K | +60,854 | +34% |
|
|
RCM
6
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.41M | – | – | – |
|
|
LIM
7
Longfellow Investment Management
Boston,
Massachusetts
| $1.97M | -$662K | -63,750 | -25% |
|
|
BCM
8
Basso Capital Management
Stamford,
Connecticut
| $1.85M | +$6.02K | +580 | +0.3% |
|
|
VOAM
9
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| $1.69M | – | – | – |
|
|
CCM
10
Context Capital Management
Lajolla,
California
| $624K | – | – | – |
|
|
11
Bank of America
Charlotte,
North Carolina
| $1K | +$1.04K | +100 | New |
|
|
WCMNY
12
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$10.1M | -980,400 | Closed |
|
MMDMU Hedge Fund Activity: Q3 2017 in Review
11 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Modern Media Acquisition Corp. Unit (MMDMU) for Q3 2017, worth a combined $40.2M — down 23% from $52.2M a quarter earlier.
Fund positioning in MMDMU was balanced in Q3 2017: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 3 trimmed.
The largest buyer was Cowen Inc, adding an estimated $632K. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $10.1M sold.
- 11 institutional investors held Modern Media Acquisition Corp. Unit (MMDMU) as of Q3 2017, down from 12 in Q2 2017.
- Funds reported $40.2M of Modern Media Acquisition Corp. Unit stock for Q3 2017, down 23% quarter-over-quarter.
- 1 fund opened new Modern Media Acquisition Corp. Unit positions in Q3 2017 and 1 closed out, a net change of 0 holders.
- The largest Modern Media Acquisition Corp. Unit buyer in Q3 2017 was Cowen Inc, an estimated $632K added.
- The largest Modern Media Acquisition Corp. Unit seller in Q3 2017 was Westchester Capital Management (New York), an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2017.