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 $14.6M 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 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
9% less capital invested
Capital invested by funds: $16M → $14.6M (-$1.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$494K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$20.6K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$19K |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$13.4K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$3.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$887K |
| 2 |
ECM
ExodusPoint Capital Management
New York
|
-$495K |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$84.2K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5K |
TMAC.U Hedge Fund Activity: Q2 2022 in Review
21 of the 5,936 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 2022, worth a combined $14.6M — down 9.1% from $16M a quarter earlier.
Fund positioning in TMAC.U was balanced in Q2 2022: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 2 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $494K. The largest seller was Magnetar Financial, cutting an estimated $887K.
- 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 Q2 2022, unchanged from Q1 2022.
- Funds reported $14.6M 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 2022, down 9.1% 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 Q2 2022 and 2 closed out, a net change of 0 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 2022 was Rivernorth Capital Management, an estimated $494K 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 2022 was Magnetar Financial, an estimated $887K sold.
Based on aggregated 13F filings for Q2 2022.