North Mountain Merger Corp. Unit
NMMCU
NMMCU was delisted on the 27th of September, 2022.
19 hedge funds and large institutions have $50.2M invested in North Mountain Merger Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 13 closing their positions.
30% less funds holding
Funds holding: 27 → 19 (-8)
35% less capital invested
Capital invested by funds: $77.6M → $50.2M (-$27.4M)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
+$1M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$377K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$258K |
| 4 |
Citigroup
New York
|
+$53.7K |
| 5 |
SGAM
Seaport Global Asset Management
New York
|
+$10.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$7.17M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$5.37M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.69M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.69M |
| 5 |
KC
Kepos Capital
New York
|
-$2.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| – | -$516K | -48,000 | Closed |
|
|
CL
27
CSS LLC
Chicago,
Illinois
| – | -$475K | -44,198 | Closed |
|
|
SSA
28
Schonfeld Strategic Advisors
New York
| – | -$185K | -17,181 | Closed |
|
|
BCM
29
Bluefin Capital Management
New York
| – | -$162K | -15,000 | Closed |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| – | -$80K | -7,418 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$8.67K | -792 | -95% |
|
NMMCU Hedge Fund Activity: Q1 2021 in Review
19 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in North Mountain Merger Corp. Unit (NMMCU) for Q1 2021, worth a combined $50.2M — down 35% from $77.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NMMCU and 5 opened new positions — a net loss of 8 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was LMR Partners, opening a new position worth an estimated $1M. The largest seller was Sage Rock Capital Management, exiting entirely with an estimated $7.17M sold.
- 19 institutional investors held North Mountain Merger Corp. Unit (NMMCU) as of Q1 2021, down from 27 in Q4 2020.
- Funds reported $50.2M of North Mountain Merger Corp. Unit stock for Q1 2021, down 35% quarter-over-quarter.
- 5 funds opened new North Mountain Merger Corp. Unit positions in Q1 2021 and 13 closed out, a net change of -8 holders.
- The largest North Mountain Merger Corp. Unit buyer in Q1 2021 was LMR Partners, an estimated $1M added.
- The largest North Mountain Merger Corp. Unit seller in Q1 2021 was Sage Rock Capital Management, an estimated $7.17M sold.
Based on aggregated 13F filings for Q1 2021.