Figure Acquisition Corp. I
FACA
FACA was delisted on the 29th of December, 2022.
75 hedge funds and large institutions have $236M invested in Figure Acquisition Corp. I in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 11 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
7% more capital invested
Capital invested by funds: $221M → $236M (+$15.5M)
3% more funds holding
Funds holding: 73 → 75 (+2)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$11.8M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$7.43M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$5.17M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$4.85M |
| 5 |
SCM
Saba Capital Management
New York
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$8.82M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.23M |
| 3 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$6.27M |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$5.37M |
| 5 |
Citigroup
New York
|
-$2.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECP
76
Empyrean Capital Partners
Los Angeles,
California
| – | -$8.82M | -900,000 | Closed |
|
|
SFM
77
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$5.37M | -548,242 | Closed |
|
|
78
Citigroup
New York
| – | -$2.72M | -277,351 | Closed |
|
|
SCM
79
Shaolin Capital Management
Miami,
Florida
| – | -$1.59M | -162,324 | Closed |
|
|
CAC
80
Cowen and Company
New York
| – | -$1.22M | -124,611 | Closed |
|
|
FIG
81
Fortress Investment Group
New York
| – | -$991K | -101,150 | Closed |
|
82
Alyeska Investment Group
Chicago,
Illinois
| – | -$980K | -100,000 | Closed |
|
|
OMC
83
Old Mission Capital
Chicago,
Illinois
| – | -$453K | -46,241 | Closed |
|
|
EC
84
Elequin Capital
New York
| – | -$392K | -40,000 | Closed |
|
|
LC
85
Littlejohn & Co
Greenwich,
Connecticut
| – | -$98K | -10,000 | Closed |
|
86
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$92K | -9,419 | Closed |
|
FACA Hedge Fund Activity: Q3 2022 in Review
75 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Figure Acquisition Corp. I (FACA) for Q3 2022, worth a combined $236M — up 7% from $221M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FACA positions and 11 closed out — a net gain of 2 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Jane Street, adding an estimated $11.8M. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $8.82M sold.
- 75 institutional investors held Figure Acquisition Corp. I (FACA) as of Q3 2022, up from 73 in Q2 2022.
- Funds reported $236M of Figure Acquisition Corp. I stock for Q3 2022, up 7% quarter-over-quarter.
- 13 funds opened new Figure Acquisition Corp. I positions in Q3 2022 and 11 closed out, a net change of +2 holders.
- The largest Figure Acquisition Corp. I buyer in Q3 2022 was Jane Street, an estimated $11.8M added.
- The largest Figure Acquisition Corp. I seller in Q3 2022 was Empyrean Capital Partners, an estimated $8.82M sold.
Based on aggregated 13F filings for Q3 2022.