Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f
FEAC.U
FEAC.U was delisted on the 16th of December, 2020.
55 hedge funds and large institutions have $306M invested in Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 21 reducing their positions, and 33 closing their positions.
33% less funds holding
Funds holding: 82 → 55 (-27)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
54% less capital invested
Capital invested by funds: $671M → $306M (-$365M)
67% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 21
82% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$7.49M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.43M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
+$790K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$647K |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$41.9M |
| 2 |
Millennium Management
New York
|
-$40.5M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$34.9M |
| 4 |
LA
Linden Advisors
New York
|
-$34.9M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$31.4M |
FEAC.U Hedge Fund Activity: Q2 2020 in Review
55 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f (FEAC.U) for Q2 2020, worth a combined $306M — down 54% from $671M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FEAC.U and 6 opened new positions — a net loss of 27 holders — while 21 trimmed existing stakes and 7 added.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $7.49M. The largest seller was HGC Investment Management, exiting entirely with an estimated $41.9M sold.
- 55 institutional investors held Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f (FEAC.U) as of Q2 2020, down from 82 in Q1 2020.
- Funds reported $306M of Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f stock for Q2 2020, down 54% quarter-over-quarter.
- 6 funds opened new Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f positions in Q2 2020 and 33 closed out, a net change of -27 holders.
- The largest Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f buyer in Q2 2020 was Beryl Capital Management, an estimated $7.49M added.
- The largest Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f seller in Q2 2020 was HGC Investment Management, an estimated $41.9M sold.
Based on aggregated 13F filings for Q2 2020.