Fintech Ecosystem Development Corp. Class A Common Stock
FEXD
FEXD was delisted on the 19th of August, 2024.
25 hedge funds and large institutions have $43.8M invested in Fintech Ecosystem Development Corp. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
25% more funds holding
Funds holding: 20 → 25 (+5)
9% more capital invested
Capital invested by funds: $40.2M → $43.8M (+$3.64M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$3.46M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.44M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1.61M |
| 4 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$402K |
| 5 |
CS
Clear Street
New York
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.88M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$2.16M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$427K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$268K |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$96.4K |
FEXD Hedge Fund Activity: Q3 2023 in Review
25 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) for Q3 2023, worth a combined $43.8M — up 9.1% from $40.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FEXD positions and 1 closed out — a net gain of 5 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Fir Tree Capital Management, adding an estimated $3.46M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.88M sold.
- 25 institutional investors held Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) as of Q3 2023, up from 20 in Q2 2023.
- Funds reported $43.8M of Fintech Ecosystem Development Corp. Class A Common Stock stock for Q3 2023, up 9.1% quarter-over-quarter.
- 6 funds opened new Fintech Ecosystem Development Corp. Class A Common Stock positions in Q3 2023 and 1 closed out, a net change of +5 holders.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock buyer in Q3 2023 was Fir Tree Capital Management, an estimated $3.46M added.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock seller in Q3 2023 was Wolverine Asset Management, an estimated $2.88M sold.
Based on aggregated 13F filings for Q3 2023.