Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant
FCAX.U
FCAX.U was delisted on the 13th of January, 2023.
44 hedge funds and large institutions have $29.5M invested in Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 11 closing their positions.
10% less funds holding
Funds holding: 49 → 44 (-5)
45% less capital invested
Capital invested by funds: $53.6M → $29.5M (-$24.1M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.09M |
| 2 |
VF
Virtu Financial
New York
|
+$376K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$116K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$29.8K |
| 5 |
Jane Street
New York
|
+$9.95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$6.45M |
| 2 |
Millennium Management
New York
|
-$4.46M |
| 3 |
KC
Kepos Capital
New York
|
-$4.17M |
| 4 |
LPC
Lion Point Capital
New York
|
-$2.26M |
| 5 |
ZDA
Zweig-DiMenna Associates
New York
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$155K | -15,792 | Closed |
|
52
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$130K | -13,238 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$9K | -1,010 | Closed |
|
|
PWM
54
Prentice Wealth Management
Rochester,
New York
| – | -$1K | -100 | Closed |
|
FCAX.U Hedge Fund Activity: Q4 2021 in Review
44 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant (FCAX.U) for Q4 2021, worth a combined $29.5M — down 45% from $53.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FCAX.U and 6 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $1.09M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $6.45M sold.
- 44 institutional investors held Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant (FCAX.U) as of Q4 2021, down from 49 in Q3 2021.
- Funds reported $29.5M of Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant stock for Q4 2021, down 45% quarter-over-quarter.
- 6 funds opened new Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant positions in Q4 2021 and 11 closed out, a net change of -5 holders.
- The largest Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $1.09M added.
- The largest Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant seller in Q4 2021 was Glazer Capital LLC, an estimated $6.45M sold.
Based on aggregated 13F filings for Q4 2021.