Everest Consolidator Acquisition Corporation
MNTN
MNTN was delisted on the 27th of November, 2024.
20 hedge funds and large institutions have $82M invested in Everest Consolidator Acquisition Corporation in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
41% less funds holding
Funds holding: 34 → 20 (-14)
42% less capital invested
Capital invested by funds: $141M → $82M (-$59.3M)
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 16
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$884K |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$672K |
| 3 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$12.4M |
| 2 |
CAC
Cowen and Company
New York
|
-$7.64M |
| 3 |
SCM
Saba Capital Management
New York
|
-$7.31M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$6.76M |
| 5 |
CC
Centiva Capital
New York
|
-$4.84M |
MNTN Hedge Fund Activity: Q1 2024 in Review
20 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Everest Consolidator Acquisition Corporation (MNTN) for Q1 2024, worth a combined $82M — down 42% from $141M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MNTN and 2 opened new positions — a net loss of 14 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Verition Fund Management, adding an estimated $884K. The largest seller was First Trust Capital Management, exiting entirely with an estimated $12.4M sold.
- 20 institutional investors held Everest Consolidator Acquisition Corporation (MNTN) as of Q1 2024, down from 34 in Q4 2023.
- Funds reported $82M of Everest Consolidator Acquisition Corporation stock for Q1 2024, down 42% quarter-over-quarter.
- 2 funds opened new Everest Consolidator Acquisition Corporation positions in Q1 2024 and 16 closed out, a net change of -14 holders.
- The largest Everest Consolidator Acquisition Corporation buyer in Q1 2024 was Verition Fund Management, an estimated $884K added.
- The largest Everest Consolidator Acquisition Corporation seller in Q1 2024 was First Trust Capital Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2024.