Modern Media Acquisition Corp. Unit
MMDMU
MMDMU was delisted on the 10th of September, 2019.
7 hedge funds and large institutions have $18.5M invested in Modern Media Acquisition Corp. Unit in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
13% less funds holding
Funds holding: 8 → 7 (-1)
16% less capital invested
Capital invested by funds: $22M → $18.5M (-$3.48M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$2.4M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$1.07M |
| 3 |
KC
Kepos Capital
New York
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$2.41M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.6M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
-$637K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$544K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $9.8M | – | – | – |
|
|
DKCM
2
Davidson Kempner Capital Management
New York
| $5.86M | -$2.41M | -225,200 | -29% |
|
|
LIM
3
Longfellow Investment Management
Boston,
Massachusetts
| $1.24M | -$544K | -50,900 | -31% |
|
|
BCM
4
BlueCrest Capital Management
St Helier,
Jersey
| $1.08M | +$1.07M | +100,000 | New |
|
|
KC
5
Kepos Capital
New York
| $495K | +$272K | +25,426 | +126% |
|
|
CI
6
Cowen Inc
New York
| $2.44K | +$2.4M | +224,773 | New |
|
7
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
PC
8
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.6M | -151,400 | Closed |
|
|
CCM
9
Context Capital Management
Lajolla,
California
| – | -$637K | -60,000 | Closed |
|
MMDMU Hedge Fund Activity: Q2 2018 in Review
7 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Modern Media Acquisition Corp. Unit (MMDMU) for Q2 2018, worth a combined $18.5M — down 16% from $22M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MMDMU and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Cowen Inc, opening a new position worth an estimated $2.4M. The largest seller was Davidson Kempner Capital Management, cutting an estimated $2.41M.
- 7 institutional investors held Modern Media Acquisition Corp. Unit (MMDMU) as of Q2 2018, down from 8 in Q1 2018.
- Funds reported $18.5M of Modern Media Acquisition Corp. Unit stock for Q2 2018, down 16% quarter-over-quarter.
- 2 funds opened new Modern Media Acquisition Corp. Unit positions in Q2 2018 and 3 closed out, a net change of -1 holder.
- The largest Modern Media Acquisition Corp. Unit buyer in Q2 2018 was Cowen Inc, an estimated $2.4M added.
- The largest Modern Media Acquisition Corp. Unit seller in Q2 2018 was Davidson Kempner Capital Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q2 2018.