Everest Consolidator Acquisition Corporation
MNTN
MNTN was delisted on the 27th of November, 2024.
35 hedge funds and large institutions have $142M invested in Everest Consolidator Acquisition Corporation in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 33 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% less capital invested
Capital invested by funds: $172M → $142M (-$29.4M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
43% less funds holding
Funds holding: 61 → 35 (-26)
79% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$13.6M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$10.4M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$5.63M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
+$4.41M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10.6M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$8.01M |
| 3 |
SC
Sculptor Capital
New York
|
-$7.34M |
| 4 |
SCM
Saba Capital Management
New York
|
-$6.47M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$5.48M |
MNTN Hedge Fund Activity: Q3 2023 in Review
35 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Everest Consolidator Acquisition Corporation (MNTN) for Q3 2023, worth a combined $142M — down 17% from $172M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of MNTN and 7 opened new positions — a net loss of 26 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was First Trust Capital Management, adding an estimated $13.6M. The largest seller was Periscope Capital, cutting an estimated $10.6M.
- 35 institutional investors held Everest Consolidator Acquisition Corporation (MNTN) as of Q3 2023, down from 61 in Q2 2023.
- Funds reported $142M of Everest Consolidator Acquisition Corporation stock for Q3 2023, down 17% quarter-over-quarter.
- 7 funds opened new Everest Consolidator Acquisition Corporation positions in Q3 2023 and 33 closed out, a net change of -26 holders.
- The largest Everest Consolidator Acquisition Corporation buyer in Q3 2023 was First Trust Capital Management, an estimated $13.6M added.
- The largest Everest Consolidator Acquisition Corporation seller in Q3 2023 was Periscope Capital, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2023.