Fortress Capital Acquisition Corp.
FCAX
FCAX was delisted on the 13th of January, 2023.
92 hedge funds and large institutions have $342M invested in Fortress Capital Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
178% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 9
1.84% more ownership
Funds ownership: 84.82% → 86.66% (+1.8%)
3% more capital invested
Capital invested by funds: $331M → $342M (+$11.3M)
9% less funds holding
Funds holding: 101 → 92 (-9)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$12.3M |
| 2 |
SC
Sculptor Capital
New York
|
+$10.4M |
| 3 |
KC
Kepos Capital
New York
|
+$8.55M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$8.2M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Bain Capital Credit
Boston,
Massachusetts
|
-$9.93M |
| 2 |
FC
Finepoint Capital
Boston,
Massachusetts
|
-$9.66M |
| 3 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$8.1M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$6.66M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.39M |
FCAX Hedge Fund Activity: Q1 2022 in Review
92 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Fortress Capital Acquisition Corp. (FCAX) for Q1 2022, worth a combined $342M — up 3.4% from $331M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FCAX and 6 opened new positions — a net loss of 9 holders — while 9 trimmed existing stakes and 25 added.
The largest buyer was Saba Capital Management, adding an estimated $12.3M. The largest seller was Bain Capital Credit, exiting entirely with an estimated $9.93M sold.
- 92 institutional investors held Fortress Capital Acquisition Corp. (FCAX) as of Q1 2022, down from 101 in Q4 2021.
- Funds reported $342M of Fortress Capital Acquisition Corp. stock for Q1 2022, up 3.4% quarter-over-quarter.
- 6 funds opened new Fortress Capital Acquisition Corp. positions in Q1 2022 and 15 closed out, a net change of -9 holders.
- The largest Fortress Capital Acquisition Corp. buyer in Q1 2022 was Saba Capital Management, an estimated $12.3M added.
- The largest Fortress Capital Acquisition Corp. seller in Q1 2022 was Bain Capital Credit, an estimated $9.93M sold.
Based on aggregated 13F filings for Q1 2022.