Arena Fortify Acquisition Corp. Unit
AFACU
AFACU was delisted on the 6th of December, 2022.
13 hedge funds and large institutions have $16M invested in Arena Fortify Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 6 reducing their positions, and 46 closing their positions.
77% less funds holding
Funds holding: 57 → 13 (-44)
89% less capital invested
Capital invested by funds: $150M → $16M (-$134M)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 46
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$797K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$20 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Corbin Capital Partners
New York
|
-$15M |
| 2 |
SCM
Saba Capital Management
New York
|
-$14.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$10.1M |
| 4 |
KLM
Kennedy Lewis Management
New York
|
-$8.1M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$6.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$761K | -75,000 | Closed |
|
|
SSA
52
Schonfeld Strategic Advisors
New York
| – | -$755K | -74,600 | Closed |
|
|
OCM
53
Oaktree Capital Management
Los Angeles,
California
| – | -$506K | -50,000 | Closed |
|
54
Walleye Trading
New York
| – | -$455K | -45,000 | Closed |
|
|
DCM
55
Dupont Capital Management
Wilmington,
Delaware
| – | -$254K | -25,000 | Closed |
|
|
KIM
56
Karpus Investment Management
Pittsford,
New York
| – | -$253K | -25,000 | Closed |
|
|
USPCM
57
Union Square Park Capital Management
New York
| – | -$101K | -10,000 | Closed |
|
|
AA
58
Ancora Advisors
Cleveland,
Ohio
| – | -$1K | -100 | Closed |
|
|
59
UBS Group
Zurich,
Switzerland
| – | +$20 | +2 | New |
|
AFACU Hedge Fund Activity: Q1 2022 in Review
13 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Arena Fortify Acquisition Corp. Unit (AFACU) for Q1 2022, worth a combined $16M — down 89% from $150M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of AFACU and 2 opened new positions — a net loss of 44 holders — while 6 trimmed existing stakes and 0 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $797K. The largest seller was Corbin Capital Partners, exiting entirely with an estimated $15M sold.
- 13 institutional investors held Arena Fortify Acquisition Corp. Unit (AFACU) as of Q1 2022, down from 57 in Q4 2021.
- Funds reported $16M of Arena Fortify Acquisition Corp. Unit stock for Q1 2022, down 89% quarter-over-quarter.
- 2 funds opened new Arena Fortify Acquisition Corp. Unit positions in Q1 2022 and 46 closed out, a net change of -44 holders.
- The largest Arena Fortify Acquisition Corp. Unit buyer in Q1 2022 was Parallax Volatility Advisers, an estimated $797K added.
- The largest Arena Fortify Acquisition Corp. Unit seller in Q1 2022 was Corbin Capital Partners, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2022.