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 $29.3M 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 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 5 closing their positions.
12% less funds holding
Funds holding: 26 → 23 (-3)
18% less capital invested
Capital invested by funds: $35.9M → $29.3M (-$6.52M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$322K |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$220K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$115K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$986 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$7.98M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.48M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.47M |
| 4 |
ACM
Advent Capital Management
New York
|
-$536K |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Janus Henderson Group
London,
United Kingdom
| – | -$212K | -21,573 | Closed |
|
|
MI
27
MMCAP International
Grand Cayman,
Cayman Islands
| – | -$39K | -3,944 | Closed |
|
FACA.U Hedge Fund Activity: Q3 2022 in Review
23 of the 5,805 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 Q3 2022, worth a combined $29.3M — down 18% from $35.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FACA.U and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $322K. The largest seller was Bank of New York Mellon, cutting an estimated $7.98M.
- 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 Q3 2022, down from 26 in Q2 2022.
- Funds reported $29.3M 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 Q3 2022, down 18% quarter-over-quarter.
- 2 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 Q3 2022 and 5 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 Q3 2022 was Jane Street, an estimated $322K 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 Q3 2022 was Bank of New York Mellon, an estimated $7.98M sold.
Based on aggregated 13F filings for Q3 2022.