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.
26 hedge funds and large institutions have $33M 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 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 6 closing their positions.
10% less funds holding
Funds holding: 29 → 26 (-3)
19% less capital invested
Capital invested by funds: $40.8M → $33M (-$7.79M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$1.5M |
| 2 |
Walleye Capital
New York
|
+$202K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$5.02M |
| 2 |
Millennium Management
New York
|
-$4.3M |
| 3 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
-$1.51M |
| 4 |
HP
Hound Partners
New York
|
-$1.25M |
| 5 |
VF
Virtu Financial
New York
|
-$591K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EH
26
EMG Holdings
Old Greenwich,
Connecticut
| – | -$1.51M | -150,000 | Closed |
|
|
HP
27
Hound Partners
New York
| – | -$1.25M | -124,667 | Closed |
|
|
VF
28
Virtu Financial
New York
| – | -$591K | -58,856 | Closed |
|
29
Citadel Advisors
Miami,
Florida
| – | -$109K | -10,875 | Closed |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$6K | -652 | Closed |
|
TMAC.U Hedge Fund Activity: Q4 2021 in Review
26 of the 6,498 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 Q4 2021, worth a combined $33M — down 19% from $40.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TMAC.U and 3 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Boothbay Fund Management, adding an estimated $1.5M. The largest seller was Third Point, exiting entirely with an estimated $5.02M sold.
- 26 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 Q4 2021, down from 29 in Q3 2021.
- Funds reported $33M 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 Q4 2021, down 19% quarter-over-quarter.
- 3 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 Q4 2021 and 6 closed out, a net change of -3 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 Q4 2021 was Boothbay Fund Management, an estimated $1.5M 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 Q4 2021 was Third Point, an estimated $5.02M sold.
Based on aggregated 13F filings for Q4 2021.