North Mountain Merger Corp. Unit
NMMCU
NMMCU was delisted on the 27th of September, 2022.
27 hedge funds and large institutions have $77.6M invested in North Mountain Merger Corp. Unit in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 15 closing their positions.
31% less funds holding
Funds holding: 39 → 27 (-12)
35% less capital invested
Capital invested by funds: $120M → $77.6M (-$42.3M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.51M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.04M |
| 3 |
KC
Kepos Capital
New York
|
+$578K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$261K |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$10.2M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$8.23M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.16M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$5.19M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.06M |
NMMCU Hedge Fund Activity: Q4 2020 in Review
27 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in North Mountain Merger Corp. Unit (NMMCU) for Q4 2020, worth a combined $77.6M — down 35% from $120M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NMMCU and 3 opened new positions — a net loss of 12 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $1.51M. The largest seller was Linden Advisors, exiting entirely with an estimated $10.2M sold.
- 27 institutional investors held North Mountain Merger Corp. Unit (NMMCU) as of Q4 2020, down from 39 in Q3 2020.
- Funds reported $77.6M of North Mountain Merger Corp. Unit stock for Q4 2020, down 35% quarter-over-quarter.
- 3 funds opened new North Mountain Merger Corp. Unit positions in Q4 2020 and 15 closed out, a net change of -12 holders.
- The largest North Mountain Merger Corp. Unit buyer in Q4 2020 was Mangrove Partners, an estimated $1.51M added.
- The largest North Mountain Merger Corp. Unit seller in Q4 2020 was Linden Advisors, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2020.