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.
18 hedge funds and large institutions have $4.75M invested in Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 8 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
22% less funds holding
Funds holding: 23 → 18 (-5)
53% less capital invested
Capital invested by funds: $10.1M → $4.75M (-$5.39M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$197K |
| 2 |
CS
Clear Street
New York
|
+$40.9K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$40.2K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$38.7K |
| 5 |
Jane Street
New York
|
+$2.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$1.55M |
| 2 |
HF
HRT Financial
New York
|
-$1.53M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$1.16M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$420K |
| 5 |
Millennium Management
New York
|
-$417K |
FCAX.U Hedge Fund Activity: Q4 2022 in Review
18 of the 6,221 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 2022, worth a combined $4.75M — down 53% from $10.1M 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 4 trimmed existing stakes and 5 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $197K. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $1.55M sold.
- 18 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 2022, down from 23 in Q3 2022.
- Funds reported $4.75M of Fortress Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-fifth of one Warrant stock for Q4 2022, down 53% 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 Q4 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 Q4 2022 was Cubist Systematic Strategies, an estimated $197K 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 2022 was TIG Advisors LLC, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2022.