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.
57 hedge funds and large institutions have $110M invested in Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 27 closing their positions.
26% less funds holding
Funds holding: 77 → 57 (-20)
39% less capital invested
Capital invested by funds: $182M → $110M (-$71.7M)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
74% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lion Point Capital
New York
|
+$2.31M |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$1M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$893K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$764K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$11.3M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$9.63M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.51M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$5.4M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCC
76
Spring Creek Capital
Wichita,
Kansas
| – | -$465K | -46,438 | Closed |
|
|
CL
77
CSS LLC
Chicago,
Illinois
| – | -$395K | -39,430 | Closed |
|
|
AC
78
Athanor Capital
New York
| – | -$285K | -28,500 | Closed |
|
|
CC
79
Centiva Capital
New York
| – | -$129K | -12,873 | Closed |
|
80
Goldman Sachs
New York
| – | -$108K | -10,829 | Closed |
|
|
RA
81
RiverPark Advisors
New York
| – | -$100K | -10,007 | Closed |
|
|
DIG
82
DeepCurrents Investment Group
New York
| – | -$100K | -10,000 | Closed |
|
|
VI
83
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$10K | -1,000 | Closed |
|
84
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$2K | -200 | Closed |
|
FCAX.U Hedge Fund Activity: Q2 2021 in Review
57 of the 5,745 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 Q2 2021, worth a combined $110M — down 39% from $182M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of FCAX.U and 7 opened new positions — a net loss of 20 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was Lion Point Capital, opening a new position worth an estimated $2.31M. The largest seller was Aristeia Capital, exiting entirely with an estimated $11.3M sold.
- 57 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 Q2 2021, down from 77 in Q1 2021.
- Funds reported $110M of Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant stock for Q2 2021, down 39% quarter-over-quarter.
- 7 funds opened new Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant positions in Q2 2021 and 27 closed out, a net change of -20 holders.
- The largest Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant buyer in Q2 2021 was Lion Point Capital, an estimated $2.31M added.
- The largest Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant seller in Q2 2021 was Aristeia Capital, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2021.