The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
TMAC.U
TMAC.U was delisted on the 30th of November, 2022.
29 hedge funds and large institutions have $40.8M invested in The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 9 closing their positions.
22% less funds holding
Funds holding: 37 → 29 (-8)
40% less capital invested
Capital invested by funds: $68M → $40.8M (-$27.2M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$590K |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$95.5K |
| 3 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$16.9K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$993 |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$201 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$12.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.94M |
| 4 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$2.59M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$2.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | -$26.1K | -2,600 | -84% |
|
|
AA
27
Ancora Advisors
Cleveland,
Ohio
| $4K | – | – | – |
|
|
ECP
28
Empyrean Capital Partners
Los Angeles,
California
| – | -$12.2M | -1,200,000 | Closed |
|
|
29
D.E. Shaw & Co
New York
| – | -$2.94M | -289,117 | Closed |
|
|
ACA
30
Arena Capital Advisors
Los Angeles,
California
| – | -$2.59M | -255,000 | Closed |
|
|
31
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$2.26M | -222,264 | Closed |
|
|
AGC
32
Angelo Gordon & Co
New York
| – | -$1.27M | -125,000 | Closed |
|
33
Walleye Capital
New York
| – | -$915 | -90,000 | Closed |
|
|
ZDA
34
Zweig-DiMenna Associates
New York
| – | -$711K | -69,882 | Closed |
|
35
Walleye Trading
New York
| – | -$610K | -60,000 | Closed |
|
|
FTUS
36
Flow Traders U.S.
New York
| – | -$280K | -27,572 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$100 | -10 | -45% |
|
TMAC.U Hedge Fund Activity: Q3 2021 in Review
29 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (TMAC.U) for Q3 2021, worth a combined $40.8M — down 40% from $68M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TMAC.U and 2 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $590K. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $12.2M sold.
- 29 institutional investors held The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (TMAC.U) as of Q3 2021, down from 37 in Q2 2021.
- Funds reported $40.8M of The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q3 2021, down 40% quarter-over-quarter.
- 2 funds opened new The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q3 2021 and 9 closed out, a net change of -7 holders.
- The largest The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q3 2021 was Virtu Financial, an estimated $590K added.
- The largest The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q3 2021 was Empyrean Capital Partners, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2021.