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.
37 hedge funds and large institutions have $68M 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 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 45 closing their positions.
53% less funds holding
Funds holding: 79 → 37 (-42)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
60% less capital invested
Capital invested by funds: $169M → $68M (-$101M)
91% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$1.05M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$278K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$151K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$89.1K |
| 5 |
HF
HRT Financial
New York
|
+$32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWG
Alpha Wave Global
New York
|
-$10.2M |
| 2 |
LA
Linden Advisors
New York
|
-$6.47M |
| 3 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$6.14M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$5.99M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.38M |
TMAC.U Hedge Fund Activity: Q2 2021 in Review
37 of the 5,745 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 Q2 2021, worth a combined $68M — down 60% from $169M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of TMAC.U and 4 opened new positions — a net loss of 41 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Silver Rock Financial, adding an estimated $1.05M. The largest seller was Alpha Wave Global, exiting entirely with an estimated $10.2M sold.
- 37 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 Q2 2021, down from 79 in Q1 2021.
- Funds reported $68M 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 Q2 2021, down 60% quarter-over-quarter.
- 4 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 Q2 2021 and 45 closed out, a net change of -41 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 Q2 2021 was Silver Rock Financial, an estimated $1.05M 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 Q2 2021 was Alpha Wave Global, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2021.