Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant
FACA.U
FACA.U was delisted on the 29th of December, 2022.
43 hedge funds and large institutions have $73.7M invested in Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 59 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
55% less funds holding
Funds holding: 96 → 43 (-53)
69% less capital invested
Capital invested by funds: $237M → $73.7M (-$164M)
90% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
+$1.96M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$1.89M |
| 3 |
HCM
Harspring Capital Management
New York
|
+$870K |
| 4 |
Bank of New York Mellon
New York
|
+$326K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$13.9M |
| 2 |
GL
Governors Lane
New York
|
-$11.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$11.3M |
| 4 |
CCP
Corbin Capital Partners
New York
|
-$10.1M |
| 5 |
DAM
DLD Asset Management
New York
|
-$10.1M |
FACA.U Hedge Fund Activity: Q2 2021 in Review
43 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant (FACA.U) for Q2 2021, worth a combined $73.7M — down 69% from $237M a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of FACA.U and 6 opened new positions — a net loss of 53 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Toscafund Asset Management, adding an estimated $1.96M. The largest seller was Aristeia Capital, exiting entirely with an estimated $13.9M sold.
- 43 institutional investors held Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant (FACA.U) as of Q2 2021, down from 96 in Q1 2021.
- Funds reported $73.7M of Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant stock for Q2 2021, down 69% quarter-over-quarter.
- 6 funds opened new Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant positions in Q2 2021 and 59 closed out, a net change of -53 holders.
- The largest Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant buyer in Q2 2021 was Toscafund Asset Management, an estimated $1.96M added.
- The largest Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant seller in Q2 2021 was Aristeia Capital, an estimated $13.9M sold.
Based on aggregated 13F filings for Q2 2021.