South Mountain Merger Corp. Unit
SMMCU
SMMCU was delisted on the 12th of January, 2021.
11 hedge funds and large institutions have $83.6M invested in South Mountain Merger Corp. Unit in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 10 closing their positions.
10% less capital invested
Capital invested by funds: $92.9M → $83.6M (-$9.34M)
35% less funds holding
Funds holding: 17 → 11 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$16.5M |
| 2 |
VF
Virtu Financial
New York
|
+$724K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$13.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.57K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.43K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$24.5M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$12.6M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$6.41M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.39M |
| 5 |
Millennium Management
New York
|
-$2.2M |
SMMCU Hedge Fund Activity: Q4 2020 in Review
11 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in South Mountain Merger Corp. Unit (SMMCU) for Q4 2020, worth a combined $83.6M — down 10% from $92.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SMMCU and 4 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Artisan Partners, opening a new position worth an estimated $16.5M. The largest seller was Magnetar Financial, exiting entirely with an estimated $24.5M sold.
- 11 institutional investors held South Mountain Merger Corp. Unit (SMMCU) as of Q4 2020, down from 17 in Q3 2020.
- Funds reported $83.6M of South Mountain Merger Corp. Unit stock for Q4 2020, down 10% quarter-over-quarter.
- 4 funds opened new South Mountain Merger Corp. Unit positions in Q4 2020 and 10 closed out, a net change of -6 holders.
- The largest South Mountain Merger Corp. Unit buyer in Q4 2020 was Artisan Partners, an estimated $16.5M added.
- The largest South Mountain Merger Corp. Unit seller in Q4 2020 was Magnetar Financial, an estimated $24.5M sold.
Based on aggregated 13F filings for Q4 2020.