Fat Projects Acquisition Corp Class A Ordinary Share
FATP
FATP was delisted on the 17th of November, 2023.
26 hedge funds and large institutions have $53.5M invested in Fat Projects Acquisition Corp Class A Ordinary Share in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 19 closing their positions.
28% less funds holding
Funds holding: 36 → 26 (-10)
52% less capital invested
Capital invested by funds: $111M → $53.5M (-$57.1M)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$3.91M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$3.62M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
+$3.54M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$2.85M |
| 5 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$10M |
| 2 |
D.E. Shaw & Co
New York
|
-$9.63M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$8.04M |
| 4 |
ASM
ATW SPAC Management
New York
|
-$7.77M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$7.77M |
FATP Hedge Fund Activity: Q1 2023 in Review
26 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fat Projects Acquisition Corp Class A Ordinary Share (FATP) for Q1 2023, worth a combined $53.5M — down 52% from $111M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FATP and 9 opened new positions — a net loss of 10 holders — while 11 trimmed existing stakes and 2 added.
The largest buyer was Mizuho Securities USA, opening a new position worth an estimated $3.91M. The largest seller was Saba Capital Management, exiting entirely with an estimated $10M sold.
- 26 institutional investors held Fat Projects Acquisition Corp Class A Ordinary Share (FATP) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $53.5M of Fat Projects Acquisition Corp Class A Ordinary Share stock for Q1 2023, down 52% quarter-over-quarter.
- 9 funds opened new Fat Projects Acquisition Corp Class A Ordinary Share positions in Q1 2023 and 19 closed out, a net change of -10 holders.
- The largest Fat Projects Acquisition Corp Class A Ordinary Share buyer in Q1 2023 was Mizuho Securities USA, an estimated $3.91M added.
- The largest Fat Projects Acquisition Corp Class A Ordinary Share seller in Q1 2023 was Saba Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2023.