Fintech Ecosystem Development Corp. Class A Common Stock
FEXD
FEXD was delisted on the 19th of August, 2024.
27 hedge funds and large institutions have $39.9M invested in Fintech Ecosystem Development Corp. Class A Common Stock in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
8% more funds holding
Funds holding: 25 → 27 (+2)
9% less capital invested
Capital invested by funds: $43.8M → $39.9M (-$3.97M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.83M |
| 2 |
CC
Centiva Capital
New York
|
+$1.61M |
| 3 |
CS
Clear Street
New York
|
+$1.36M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$767K |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$3.85M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$3.58M |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$3.23M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.36M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$767K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
26
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| $24.6K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $5.4K | +$5.35K | +500 | New |
|
|
FTCM
28
Fir Tree Capital Management
New York
| – | -$3.58M | -335,492 | Closed |
|
|
CAS
29
Coppell Advisory Solutions
Coppell,
Texas
| – | -$3.23M | -40,306 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$11 | -1 | Closed |
|
FEXD Hedge Fund Activity: Q4 2023 in Review
27 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) for Q4 2023, worth a combined $39.9M — down 9.1% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FEXD positions and 3 closed out — a net gain of 2 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $2.83M. The largest seller was First Trust Capital Management, cutting an estimated $3.85M.
- 27 institutional investors held Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) as of Q4 2023, up from 25 in Q3 2023.
- Funds reported $39.9M of Fintech Ecosystem Development Corp. Class A Common Stock stock for Q4 2023, down 9.1% quarter-over-quarter.
- 5 funds opened new Fintech Ecosystem Development Corp. Class A Common Stock positions in Q4 2023 and 3 closed out, a net change of +2 holders.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock buyer in Q4 2023 was Hudson Bay Capital Management, an estimated $2.83M added.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock seller in Q4 2023 was First Trust Capital Management, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2023.