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FACA.U

Figure Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant

Delisted

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.

New
Increased
Maintained
Reduced
Closed

0% less capital invested

Capital invested by funds: $53.8M → $53.7M (-$101K)

11% less funds holding

Funds holding: 3531 (-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

Holders
31
Holders Change
-4
Holders Change %
-11.43%
% of All Funds
0.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
4
Reduced
5
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
1
Bank of New York Mellon
New York
$18.1M -$236K -23,367 -1%
HCM
2
Harspring Capital Management
New York
$9.43M +$856K +84,710 +10%
JAM
3
Jacobs Asset Management
New York
$5.89M
SRCM
4
Sage Rock Capital Management
New York
$5.58M
MF
5
Magnetar Financial
Illinois
$2.22M -$345K -34,164 -13%
GC
6
Gillson Capital
Illinois
$1.89M -$55.4K -5,485 -3%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.48M
Jane Street
8
Jane Street
New York
$1.38M +$8.77K +868 +0.6%
SIM
9
Sandia Investment Management
Massachusetts
$1.04M +$1.05M +103,542 New
PSAMP
10
P. Schoenfeld Asset Management (PSAM)
New York
$755K
CL
11
CSS LLC
Illinois
$704K
ACM
12
Advent Capital Management
New York
$549K
CAC
13
Cowen and Company
New York
$503K
HF
14
HRT Financial
New York
$503K
ASGS
15
Alpha Square Group S
New York
$503K +$505K +50,000 New
Parallax Volatility Advisers
16
Parallax Volatility Advisers
California
$437K +$439K +43,414 New
LIM
17
Longfellow Investment Management
Massachusetts
$407K -$758K -75,000 -65%
ECM
18
ExodusPoint Capital Management
New York
$252K
GCIA
19
Gabelli & Co Investment Advisers
New York
$252K
GF
20
Gabelli Funds
New York
$252K
MI
21
MMCAP International
Cayman Islands
$252K
Walleye Capital
22
Walleye Capital
New York
$235K
BFM
23
Boothbay Fund Management
New York
$229K
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$218K +$106K +10,493 +95%
Millennium Management
25
Millennium Management
New York
$166K -$590K -58,400 -78%

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.