Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
MNTN.U
MNTN.U was delisted on the 26th of November, 2024.
20 hedge funds and large institutions have $26.6M invested in Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 6 closing their positions.
13% less funds holding
Funds holding: 23 → 20 (-3)
42% less capital invested
Capital invested by funds: $45.6M → $26.6M (-$19M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$154K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$111K |
| 3 |
CS
Clear Street
New York
|
+$107K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$68K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.01M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.58M |
| 3 |
Millennium Management
New York
|
-$3.31M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.26M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.55M |
MNTN.U Hedge Fund Activity: Q2 2022 in Review
20 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (MNTN.U) for Q2 2022, worth a combined $26.6M — down 42% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MNTN.U and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $154K. The largest seller was Mangrove Partners, exiting entirely with an estimated $4.01M sold.
- 20 institutional investors held Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (MNTN.U) as of Q2 2022, down from 23 in Q1 2022.
- Funds reported $26.6M of Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q2 2022, down 42% quarter-over-quarter.
- 3 funds opened new Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q2 2022 and 6 closed out, a net change of -3 holders.
- The largest Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q2 2022 was Cubist Systematic Strategies, an estimated $154K added.
- The largest Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q2 2022 was Mangrove Partners, an estimated $4.01M sold.
Based on aggregated 13F filings for Q2 2022.