North Mountain Merger Corp. Class A Common Stock
NMMC
NMMC was delisted on the 30th of September, 2022.
40 hedge funds and large institutions have $76.6M invested in North Mountain Merger Corp. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 14 closing their positions.
13% less funds holding
Funds holding: 46 → 40 (-6)
18% less capital invested
Capital invested by funds: $93.6M → $76.6M (-$17M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.42M |
| 2 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$3.58M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
+$3.11M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.99M |
| 5 |
DCM
Difesa Capital Management
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$5.62M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$4.96M |
| 3 |
TCM
Tenor Capital Management
New York
|
-$4.39M |
| 4 |
LA
Linden Advisors
New York
|
-$4.16M |
| 5 |
Millennium Management
New York
|
-$4.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
E
51
Ergoteles
New York
| – | -$339K | -34,100 | Closed |
|
|
GCL
52
Glazer Capital LLC
New York
| – | -$107K | -10,739 | Closed |
|
53
Bank of America
Charlotte,
North Carolina
| – | -$26K | -2,663 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$14K | -1,421 | Closed |
|
NMMC Hedge Fund Activity: Q3 2022 in Review
40 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in North Mountain Merger Corp. Class A Common Stock (NMMC) for Q3 2022, worth a combined $76.6M — down 18% from $93.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NMMC and 8 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $4.42M. The largest seller was Kepos Capital, exiting entirely with an estimated $5.62M sold.
- 40 institutional investors held North Mountain Merger Corp. Class A Common Stock (NMMC) as of Q3 2022, down from 46 in Q2 2022.
- Funds reported $76.6M of North Mountain Merger Corp. Class A Common Stock stock for Q3 2022, down 18% quarter-over-quarter.
- 8 funds opened new North Mountain Merger Corp. Class A Common Stock positions in Q3 2022 and 14 closed out, a net change of -6 holders.
- The largest North Mountain Merger Corp. Class A Common Stock buyer in Q3 2022 was Meteora Capital, an estimated $4.42M added.
- The largest North Mountain Merger Corp. Class A Common Stock seller in Q3 2022 was Kepos Capital, an estimated $5.62M sold.
Based on aggregated 13F filings for Q3 2022.