Fortress Capital Acquisition Corp.
FCAX
FCAX was delisted on the 13th of January, 2023.
78 hedge funds and large institutions have $386M invested in Fortress Capital Acquisition Corp. in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 12 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $370M → $386M (+$16M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 82 → 78 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$21.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.21M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$6.04M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.87M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$5.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.3M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$7.46M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.71M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$4.97M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.73M |
FCAX Hedge Fund Activity: Q4 2022 in Review
78 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Fortress Capital Acquisition Corp. (FCAX) for Q4 2022, worth a combined $386M — up 4.3% from $370M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FCAX and 8 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Glazer Capital LLC, adding an estimated $21.5M. The largest seller was Millennium Management, exiting entirely with an estimated $10.3M sold.
- 78 institutional investors held Fortress Capital Acquisition Corp. (FCAX) as of Q4 2022, down from 82 in Q3 2022.
- Funds reported $386M of Fortress Capital Acquisition Corp. stock for Q4 2022, up 4.3% quarter-over-quarter.
- 8 funds opened new Fortress Capital Acquisition Corp. positions in Q4 2022 and 12 closed out, a net change of -4 holders.
- The largest Fortress Capital Acquisition Corp. buyer in Q4 2022 was Glazer Capital LLC, an estimated $21.5M added.
- The largest Fortress Capital Acquisition Corp. seller in Q4 2022 was Millennium Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2022.