Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant
FACT.U
FACT.U was delisted on the 17th of July, 2023.
27 hedge funds and large institutions have $42.4M invested in Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
7% less capital invested
Capital invested by funds: $45.6M → $42.4M (-$3.17M)
10% less funds holding
Funds holding: 30 → 27 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$3.16M |
| 2 |
Walleye Capital
New York
|
+$423K |
| 3 |
Walleye Trading
New York
|
+$192K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$97.8K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$36.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.78M |
| 2 |
JP Morgan Chase
New York
|
-$1.48M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$595K |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$494K |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$441K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
26
Magnetar Financial
Evanston,
Illinois
| – | -$3.78M | -379,200 | Closed |
|
|
27
JP Morgan Chase
New York
| – | -$1.48M | -150,000 | Closed |
|
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$595K | -60,180 | Closed |
|
|
ECM
29
ExodusPoint Capital Management
New York
| – | -$494K | -50,000 | Closed |
|
|
COPPSERS
30
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$441K | -44,231 | Closed |
|
FACT.U Hedge Fund Activity: Q2 2022 in Review
27 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (FACT.U) for Q2 2022, worth a combined $42.4M — down 7% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FACT.U and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $3.16M. The largest seller was Magnetar Financial, exiting entirely with an estimated $3.78M sold.
- 27 institutional investors held Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (FACT.U) as of Q2 2022, down from 30 in Q1 2022.
- Funds reported $42.4M of Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q2 2022, down 7% quarter-over-quarter.
- 2 funds opened new Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant positions in Q2 2022 and 5 closed out, a net change of -3 holders.
- The largest Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant buyer in Q2 2022 was HGC Investment Management, an estimated $3.16M added.
- The largest Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant seller in Q2 2022 was Magnetar Financial, an estimated $3.78M sold.
Based on aggregated 13F filings for Q2 2022.