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.
21 hedge funds and large institutions have $16M 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 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 7 closing their positions.
19% less funds holding
Funds holding: 26 → 21 (-5)
51% less capital invested
Capital invested by funds: $33M → $16M (-$17M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$32.5K |
| 2 |
Walleye Capital
New York
|
+$15.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$14.1M |
| 2 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$2.9M |
| 3 |
Citigroup
New York
|
-$470K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$398K |
| 5 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$160K |
TMAC.U Hedge Fund Activity: Q1 2022 in Review
21 of the 6,340 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 Q1 2022, worth a combined $16M — down 51% from $33M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TMAC.U and 2 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $32.5K. The largest seller was Aristeia Capital, exiting entirely with an estimated $14.1M sold.
- 21 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 Q1 2022, down from 26 in Q4 2021.
- Funds reported $16M 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 Q1 2022, down 51% 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 Q1 2022 and 7 closed out, a net change of -5 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 Q1 2022 was Wolverine Asset Management, an estimated $32.5K 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 Q1 2022 was Aristeia Capital, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2022.