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.
31 hedge funds and large institutions have $53.7M 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 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 8 closing their positions.
0% less capital invested
Capital invested by funds: $53.8M → $53.7M (-$101K)
11% less funds holding
Funds holding: 35 → 31 (-4)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Harspring Capital Management
New York
|
+$856K |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$439K |
| 3 |
VF
Virtu Financial
New York
|
+$109K |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$106K |
| 5 |
Jane Street
New York
|
+$8.77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$1.18M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$1.09M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$961K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$758K |
| 5 |
Millennium Management
New York
|
-$590K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| $158K | – | – | – |
|
|
VF
27
Virtu Financial
New York
| $109K | +$109K | +10,837 | New |
|
|
HA
28
Harbor Advisors
West Palm Beach,
Florida
| $101K | – | – | – |
|
29
Rockefeller Capital Management
New York
| $88K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $24K | – | – | – |
|
31
UBS Group
Zurich,
Switzerland
| $15K | +$2.59K | +256 | +21% |
|
|
HP
32
Hound Partners
New York
| – | -$1.18M | -122,611 | Closed |
|
|
GCL
33
Glazer Capital LLC
New York
| – | -$1.09M | -113,745 | Closed |
|
|
34
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$961K | -100,000 | Closed |
|
35
Calamos Advisors
Naperville,
Illinois
| – | -$384K | -40,000 | Closed |
|
|
DIG
36
DeepCurrents Investment Group
New York
| – | -$136K | -14,184 | Closed |
|
37
Bank of America
Charlotte,
North Carolina
| – | -$17K | -1,800 | Closed |
|
|
GKWIM
38
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
| – | -$1K | -179 | Closed |
|
FACA.U Hedge Fund Activity: Q4 2021 in Review
31 of the 6,498 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 Q4 2021, worth a combined $53.7M — down 0.19% from $53.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FACA.U and 4 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Harspring Capital Management, adding an estimated $856K. The largest seller was Hound Partners, exiting entirely with an estimated $1.18M sold.
- 31 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 Q4 2021, down from 35 in Q3 2021.
- Funds reported $53.7M 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 Q4 2021, down 0.19% quarter-over-quarter.
- 4 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 Q4 2021 and 8 closed out, a net change of -4 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 Q4 2021 was Harspring Capital Management, an estimated $856K 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 Q4 2021 was Hound Partners, an estimated $1.18M sold.
Based on aggregated 13F filings for Q4 2021.