Magnum Opus Acquisition Limited
OPA
OPA was delisted on the 23rd of January, 2024.
24 hedge funds and large institutions have $63.6M invested in Magnum Opus Acquisition Limited in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 13 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
28% less capital invested
Capital invested by funds: $88.8M → $63.6M (-$25.2M)
29% less funds holding
Funds holding: 34 → 24 (-10)
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
+$4.56M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$3.17M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.41M |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.68M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$9.99M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$9.22M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.14M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$3.14M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$2.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$9.22M | -900,000 | Closed |
|
|
SCM
27
Shaolin Capital Management
Miami,
Florida
| – | -$4.14M | -400,000 | Closed |
|
|
28
HSBC Holdings
London,
United Kingdom
| – | -$3.14M | -306,025 | Closed |
|
|
MI
29
MMCAP International
Grand Cayman,
Cayman Islands
| – | -$2.96M | -290,070 | Closed |
|
|
RCM
30
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$2.78M | -271,310 | Closed |
|
|
OAC
31
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$2.62M | -256,094 | Closed |
|
|
PAMP
32
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$2.56M | -250,000 | Closed |
|
|
VI
33
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$2.05M | -200,000 | Closed |
|
|
PMAM
34
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$1.58M | -155,000 | Closed |
|
|
CSS
35
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$1.43M | -139,999 | Closed |
|
36
UBS Group
Zurich,
Switzerland
| – | -$7.17K | -700 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$4K | -370 | Closed |
|
OPA Hedge Fund Activity: Q2 2023 in Review
24 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Magnum Opus Acquisition Limited (OPA) for Q2 2023, worth a combined $63.6M — down 28% from $88.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of OPA and 3 opened new positions — a net loss of 10 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Centiva Capital, opening a new position worth an estimated $4.56M. The largest seller was Luminus Management, exiting entirely with an estimated $9.99M sold.
- 24 institutional investors held Magnum Opus Acquisition Limited (OPA) as of Q2 2023, down from 34 in Q1 2023.
- Funds reported $63.6M of Magnum Opus Acquisition Limited stock for Q2 2023, down 28% quarter-over-quarter.
- 3 funds opened new Magnum Opus Acquisition Limited positions in Q2 2023 and 13 closed out, a net change of -10 holders.
- The largest Magnum Opus Acquisition Limited buyer in Q2 2023 was Centiva Capital, an estimated $4.56M added.
- The largest Magnum Opus Acquisition Limited seller in Q2 2023 was Luminus Management, an estimated $9.99M sold.
Based on aggregated 13F filings for Q2 2023.