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.
11 hedge funds and large institutions have $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 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 5 closing their positions.
31% less funds holding
Funds holding: 16 → 11 (-5)
75% less capital invested
Capital invested by funds: $23.9M → $6M (-$17.9M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$80.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$12.6M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$3.85M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$1.01M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$263K |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$260K |
MNTN.U Hedge Fund Activity: Q4 2022 in Review
11 of the 6,223 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 Q4 2022, worth a combined $6M — down 75% from $23.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MNTN.U and 0 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, adding an estimated $80.2K. The largest seller was Calamos Advisors, exiting entirely with an estimated $12.6M sold.
- 11 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 Q4 2022, down from 16 in Q3 2022.
- Funds reported $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 Q4 2022, down 75% quarter-over-quarter.
- 0 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 Q4 2022 and 5 closed out, a net change of -5 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 Q4 2022 was Wolverine Asset Management, an estimated $80.2K 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 Q4 2022 was Calamos Advisors, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2022.