DigiAsia
FAAS
FAAS was delisted on the 18th of September, 2025.
19 hedge funds and large institutions have $24.4M invested in DigiAsia in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 5 closing their positions.
5.75% more ownership
Funds ownership: 113.98% → 119.74% (+5.8%)
10% less funds holding
Funds holding: 21 → 19 (-2)
18% less capital invested
Capital invested by funds: $29.6M → $24.4M (-$5.19M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$2.54M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.26M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$749K |
| 4 |
VF
Virtu Financial
New York
|
+$132K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.25M |
| 2 |
QL
Quarry LP
New York
|
-$1.63M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.16M |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$1.12M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.1M |
FAAS Hedge Fund Activity: Q3 2023 in Review
19 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in DigiAsia (FAAS) for Q3 2023, worth a combined $24.4M — down 18% from $29.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FAAS and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $2.54M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $3.25M sold.
- 19 institutional investors held DigiAsia (FAAS) as of Q3 2023, down from 21 in Q2 2023.
- Funds reported $24.4M of DigiAsia stock for Q3 2023, down 18% quarter-over-quarter.
- 3 funds opened new DigiAsia positions in Q3 2023 and 5 closed out, a net change of -2 holders.
- The largest DigiAsia buyer in Q3 2023 was Fir Tree Capital Management, an estimated $2.54M added.
- The largest DigiAsia seller in Q3 2023 was Polar Asset Management Partners, an estimated $3.25M sold.
Based on aggregated 13F filings for Q3 2023.