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.
23 hedge funds and large institutions have $46.7M 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 2022 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 8 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
13% less capital invested
Capital invested by funds: $53.7M → $46.7M (-$6.98M)
26% less funds holding
Funds holding: 31 → 23 (-8)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Harspring Capital Management
New York
|
+$1.72M |
| 2 |
Bank of New York Mellon
New York
|
+$543K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$14.7K |
| 4 |
Jane Street
New York
|
+$9.81K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$1.83K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$5.58M |
| 2 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$755K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$704K |
| 4 |
CAC
Cowen and Company
New York
|
-$503K |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$437K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
26
CSS LLC
Chicago,
Illinois
| – | -$704K | -69,972 | Closed |
|
|
CAC
27
Cowen and Company
New York
| – | -$503K | -50,000 | Closed |
|
|
28
Parallax Volatility Advisers
San Francisco,
California
| – | -$437K | -43,414 | Closed |
|
29
Walleye Capital
New York
| – | -$235K | -23,390 | Closed |
|
|
VF
30
Virtu Financial
New York
| – | -$109K | -10,837 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$24K | -2,350 | Closed |
|
FACA.U Hedge Fund Activity: Q1 2022 in Review
23 of the 6,340 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 Q1 2022, worth a combined $46.7M — down 13% from $53.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FACA.U and 0 opened new positions — a net loss of 8 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Harspring Capital Management, adding an estimated $1.72M. The largest seller was Sage Rock Capital Management, exiting entirely with an estimated $5.58M sold.
- 23 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 Q1 2022, down from 31 in Q4 2021.
- Funds reported $46.7M 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 Q1 2022, down 13% quarter-over-quarter.
- 0 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 Q1 2022 and 8 closed out, a net change of -8 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 Q1 2022 was Harspring Capital Management, an estimated $1.72M 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 Q1 2022 was Sage Rock Capital Management, an estimated $5.58M sold.
Based on aggregated 13F filings for Q1 2022.