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.
26 hedge funds and large institutions have $35.9M 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 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
13% more funds holding
Funds holding: 23 → 26 (+3)
23% less capital invested
Capital invested by funds: $46.7M → $35.9M (-$10.9M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.63M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$1.63M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.48M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$247K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Harspring Capital Management
New York
|
-$11M |
| 2 |
GC
Gillson Capital
Chicago,
Illinois
|
-$1.87M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.46M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$293K |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$248K |
FACA.U Hedge Fund Activity: Q2 2022 in Review
26 of the 5,936 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 2022, worth a combined $35.9M — down 23% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FACA.U positions and 4 closed out — a net gain of 3 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $1.63M. The largest seller was Harspring Capital Management, exiting entirely with an estimated $11M sold.
- 26 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 2022, up from 23 in Q1 2022.
- Funds reported $35.9M 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 2022, down 23% quarter-over-quarter.
- 7 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 2022 and 4 closed out, a net change of +3 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 2022 was HGC Investment Management, an estimated $1.63M 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 2022 was Harspring Capital Management, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2022.