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.
30 hedge funds and large institutions have $20.5M invested in Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 8 closing their positions.
14% less funds holding
Funds holding: 35 → 30 (-5)
27% less capital invested
Capital invested by funds: $28.2M → $20.5M (-$7.72M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$700K |
| 2 |
VF
Virtu Financial
New York
|
+$196K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$102K |
| 4 |
Jane Street
New York
|
+$16K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$7.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.3M |
| 2 |
GC
Gillson Capital
Chicago,
Illinois
|
-$1.74M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.09M |
| 4 |
JP Morgan Chase
New York
|
-$1.09M |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$705K |
FCAX.U Hedge Fund Activity: Q2 2022 in Review
30 of the 5,959 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 2022, worth a combined $20.5M — down 27% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FCAX.U and 3 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $700K. The largest seller was Magnetar Financial, cutting an estimated $2.3M.
- 30 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 2022, down from 35 in Q1 2022.
- Funds reported $20.5M of Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant stock for Q2 2022, down 27% quarter-over-quarter.
- 3 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 2022 and 8 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 Q2 2022 was Rivernorth Capital Management, an estimated $700K 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 2022 was Magnetar Financial, an estimated $2.3M sold.
Based on aggregated 13F filings for Q2 2022.