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.
41 hedge funds and large institutions have $96M invested in Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 10 closing their positions.
17% less capital invested
Capital invested by funds: $116M → $96M (-$19.8M)
18% less funds holding
Funds holding: 50 → 41 (-9)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$341K |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$298K |
| 3 |
Janus Henderson Group
London,
|
+$174K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$159K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$92.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.92M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$3.99M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.49M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.72M |
| 5 |
AGC
Angelo Gordon & Co
New York
|
-$998K |
FACT.U Hedge Fund Activity: Q3 2021 in Review
41 of the 5,728 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 Q3 2021, worth a combined $96M — down 17% from $116M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FACT.U and 3 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Wells Fargo, opening a new position worth an estimated $341K. The largest seller was Millennium Management, cutting an estimated $4.92M.
- 41 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 Q3 2021, down from 50 in Q2 2021.
- Funds reported $96M of Freedom Acquisition I Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q3 2021, down 17% quarter-over-quarter.
- 3 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 Q3 2021 and 10 closed out, a net change of -7 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 Q3 2021 was Wells Fargo, an estimated $341K 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 Q3 2021 was Millennium Management, an estimated $4.92M sold.
Based on aggregated 13F filings for Q3 2021.