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MNTN.U

Everest Consolidator Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant

Delisted

MNTN.U was delisted on the 26th of November, 2024.

4 hedge funds and large institutions have $769K 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 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% less funds holding

Funds holding: 64 (-2)

59% less capital invested

Capital invested by funds: $1.88M → $769K (-$1.11M)

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
4
Holders Change
-2
Holders Change %
-33.33%
% of All Funds
0.06%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
Reduced
1
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NAM
1
Nexpoint Asset Management
Texas
$655K
CSS
2
Cubist Systematic Strategies
Connecticut
$111K
CS
3
Clear Street
New York
$2.21K -$85.2K -8,063 -98%
TRCT
4
Tower Research Capital (TRC)
New York
$1.06K +$1.06K +100 New
HF
5
HRT Financial
New York
-$534K -51,000 Closed
BCL
6
Bracebridge Capital LLC
Massachusetts
-$367K -35,000 Closed
WMSA
7
Weiss Multi-Strategy Advisers
New York
-$150K -14,287 Closed

MNTN.U Hedge Fund Activity: Q2 2023 in Review

4 of the 6,371 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 2023, worth a combined $769K — down 59% from $1.88M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of MNTN.U and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.

The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $1.06K. The largest seller was HRT Financial, exiting entirely with an estimated $534K sold.

  • 4 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 2023, down from 6 in Q1 2023.
  • Funds reported $769K 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 2023, down 59% quarter-over-quarter.
  • 1 fund 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 2023 and 3 closed out, a net change of -2 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 2023 was Tower Research Capital (TRC), an estimated $1.06K 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 2023 was HRT Financial, an estimated $534K sold.

Based on aggregated 13F filings for Q2 2023.