Fifth Era Acquisition Corp I Units
FERAU
9 hedge funds and large institutions have $24M invested in Fifth Era Acquisition Corp I Units in 2025 Q3 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 5 closing their positions.
15.21% less ownership
Funds ownership: 26.32% → 11.11% (-15%)
36% less funds holding
Funds holding: 14 → 9 (-5)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
57% less capital invested
Capital invested by funds: $56.4M → $24M (-$32.4M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$19.8M |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$3.12M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.11M |
| 4 |
Millennium Management
New York
|
-$2.09M |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $12.1M | – | – | – |
|
|
LP
2
LMR Partners
London,
United Kingdom
| $5.25M | – | – | – |
|
|
CF
3
Cantor Fitzgerald
New York
| $2.31M | – | – | – |
|
|
4
Millennium Management
New York
| $2.1M | -$2.09M | -200,000 | -50% |
|
5
JP Morgan Chase
New York
| $1.07M | – | – | – |
|
|
RCM
6
Rivernorth Capital Management
West Palm Beach,
Florida
| $1.06M | -$3.11M | -297,628 | -74% |
|
|
PCM
7
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| $105K | – | – | – |
|
8
UBS Group
Zurich,
Switzerland
| $32.1K | – | – | – |
|
|
CS
9
Clear Street
New York
| $124 | -$711K | -68,138 | -100% |
|
|
MI
10
MMCAP International
Grand Cayman,
Cayman Islands
| – | -$19.8M | -1,900,000 | Closed |
|
|
CCM
11
Context Capital Management
Lajolla,
California
| – | -$3.12M | -300,000 | Closed |
|
|
GCIA
12
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$1.81M | -174,500 | Closed |
|
|
GF
13
Gabelli Funds
Rye,
New York
| – | -$1.31M | -125,500 | Closed |
|
|
BI
14
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$699K | -67,179 | Closed |
|
FERAU Hedge Fund Activity: Q3 2025 in Review
9 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Fifth Era Acquisition Corp I Units (FERAU) for Q3 2025, worth a combined $24M — down 57% from $56.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FERAU and 0 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 0 added.
The largest seller was MMCAP International, exiting entirely with an estimated $19.8M sold.
- 9 institutional investors held Fifth Era Acquisition Corp I Units (FERAU) as of Q3 2025, down from 14 in Q2 2025.
- Funds reported $24M of Fifth Era Acquisition Corp I Units stock for Q3 2025, down 57% quarter-over-quarter.
- 0 funds opened new Fifth Era Acquisition Corp I Units positions in Q3 2025 and 5 closed out, a net change of -5 holders.
- The largest Fifth Era Acquisition Corp I Units seller in Q3 2025 was MMCAP International, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2025.