Magnum Opus Acquisition Limited
OPA
OPA was delisted on the 23rd of January, 2024.
34 hedge funds and large institutions have $88.8M invested in Magnum Opus Acquisition Limited in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 30 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
40% less funds holding
Funds holding: 57 → 34 (-23)
53% less capital invested
Capital invested by funds: $190M → $88.8M (-$102M)
77% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$9.92M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$4.25M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$2.98M |
| 4 |
CAC
Cowen and Company
New York
|
+$1.7M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$19.9M |
| 2 |
SCM
Segantii Capital Management
Hong Kong
|
-$11.5M |
| 3 |
TCA
Taconic Capital Advisors
New York
|
-$9.88M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$9.49M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$8.63M |
OPA Hedge Fund Activity: Q1 2023 in Review
34 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Magnum Opus Acquisition Limited (OPA) for Q1 2023, worth a combined $88.8M — down 53% from $190M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of OPA and 7 opened new positions — a net loss of 23 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Luminus Management, opening a new position worth an estimated $9.92M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $19.9M sold.
- 34 institutional investors held Magnum Opus Acquisition Limited (OPA) as of Q1 2023, down from 57 in Q4 2022.
- Funds reported $88.8M of Magnum Opus Acquisition Limited stock for Q1 2023, down 53% quarter-over-quarter.
- 7 funds opened new Magnum Opus Acquisition Limited positions in Q1 2023 and 30 closed out, a net change of -23 holders.
- The largest Magnum Opus Acquisition Limited buyer in Q1 2023 was Luminus Management, an estimated $9.92M added.
- The largest Magnum Opus Acquisition Limited seller in Q1 2023 was Glazer Capital LLC, an estimated $19.9M sold.
Based on aggregated 13F filings for Q1 2023.