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.
6 hedge funds and large institutions have $1.88M 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 2023 Q1 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
45% less funds holding
Funds holding: 11 → 6 (-5)
69% less capital invested
Capital invested by funds: $6M → $1.88M (-$4.12M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$75.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$3.15M |
| 2 |
ICM
III Capital Management
Boca Raton,
Florida
|
-$510K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$374K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$148K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$51.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NAM
1
Nexpoint Asset Management
Dallas,
Texas
| $639K | – | – | – |
|
|
HF
2
HRT Financial
New York
| $534K | – | – | – |
|
|
BCL
3
Bracebridge Capital LLC
Boston,
Massachusetts
| $367K | – | – | – |
|
|
WMSA
4
Weiss Multi-Strategy Advisers
New York
| $150K | – | – | – |
|
|
CSS
5
Cubist Systematic Strategies
Stamford,
Connecticut
| $108K | -$51.7K | -5,000 | -33% |
|
|
CS
6
Clear Street
New York
| $86.7K | +$75.2K | +7,269 | +727% |
|
|
SIA
7
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$3.15M | -311,470 | Closed |
|
|
ICM
8
III Capital Management
Boca Raton,
Florida
| – | -$510K | -50,000 | Closed |
|
|
WC
9
Wealthspring Capital
West Harrison,
New York
| – | -$374K | -36,960 | Closed |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| – | -$148K | -14,454 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$4.12K | -407 | Closed |
|
MNTN.U Hedge Fund Activity: Q1 2023 in Review
6 of the 6,277 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 Q1 2023, worth a combined $1.88M — down 69% from $6M 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 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $75.2K. The largest seller was Schechter Investment Advisors, exiting entirely with an estimated $3.15M sold.
- 6 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 Q1 2023, down from 11 in Q4 2022.
- Funds reported $1.88M 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 Q1 2023, down 69% 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 Q1 2023 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 Q1 2023 was Clear Street, an estimated $75.2K 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 Q1 2023 was Schechter Investment Advisors, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2023.