Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant
OPA.U
OPA.U was delisted on the 20th of December, 2023.
39 hedge funds and large institutions have $86.7M invested in Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 23 closing their positions.
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
34% less funds holding
Funds holding: 59 → 39 (-20)
42% less capital invested
Capital invested by funds: $149M → $86.7M (-$62.6M)
87% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 23
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$642K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$576K |
| 4 |
CIM
Cowen Investment Management
New York
|
+$499K |
| 5 |
VF
Virtu Financial
New York
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Segantii Capital Management
Hong Kong
|
-$12.1M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$9.89M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$7.42M |
| 4 |
AWG
Alpha Wave Global
New York
|
-$6.92M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.54M | -156,084 | Closed |
|
|
AGM
52
Alpine Global Management
New York
| – | -$1.48M | -150,000 | Closed |
|
|
CCA
53
Castle Creek Arbitrage
Avon,
Colorado
| – | -$1.48M | -150,000 | Closed |
|
|
AC
54
Athos Capital
Hong Kong
| – | -$989K | -100,000 | Closed |
|
|
CC
55
Centiva Capital
New York
| – | -$989K | -100,000 | Closed |
|
|
MP
56
Mangrove Partners
Greenwich,
Connecticut
| – | -$989K | -100,000 | Closed |
|
|
WA
57
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$495K | -50,000 | Closed |
|
|
OAC
58
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$396K | -40,000 | Closed |
|
59
Balyasny Asset Management
Chicago,
Illinois
| – | -$389K | -39,340 | Closed |
|
|
CAC
60
Cowen and Company
New York
| – | -$221K | -22,306 | Closed |
|
61
Capstone Investment Advisors
New York
| – | -$99K | -10,000 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$160 | -16 | -80% |
|
OPA.U Hedge Fund Activity: Q2 2021 in Review
39 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant (OPA.U) for Q2 2021, worth a combined $86.7M — down 42% from $149M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of OPA.U and 3 opened new positions — a net loss of 20 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $2M. The largest seller was Segantii Capital Management, exiting entirely with an estimated $12.1M sold.
- 39 institutional investors held Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant (OPA.U) as of Q2 2021, down from 59 in Q1 2021.
- Funds reported $86.7M of Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant stock for Q2 2021, down 42% quarter-over-quarter.
- 3 funds opened new Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant positions in Q2 2021 and 23 closed out, a net change of -20 holders.
- The largest Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant buyer in Q2 2021 was Periscope Capital, an estimated $2M added.
- The largest Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant seller in Q2 2021 was Segantii Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2021.