Fintech Ecosystem Development Corp. Class A Common Stock
FEXD
FEXD was delisted on the 19th of August, 2024.
11 hedge funds and large institutions have $15.4M invested in Fintech Ecosystem Development Corp. Class A Common Stock in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 16 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
54% less funds holding
Funds holding: 24 → 11 (-13)
56% less capital invested
Capital invested by funds: $35M → $15.4M (-$19.5M)
81% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.2M |
| 2 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$1.11M |
| 3 |
VF
Virtu Financial
New York
|
+$215K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$383 |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$11 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$3.17M |
| 2 |
CS
Clear Street
New York
|
-$2.97M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$2.92M |
| 4 |
CAC
Cowen and Company
New York
|
-$2.64M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.82M |
FEXD Hedge Fund Activity: Q2 2024 in Review
11 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) for Q2 2024, worth a combined $15.4M — down 56% from $35M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FEXD and 3 opened new positions — a net loss of 13 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.2M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $3.17M sold.
- 11 institutional investors held Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) as of Q2 2024, down from 24 in Q1 2024.
- Funds reported $15.4M of Fintech Ecosystem Development Corp. Class A Common Stock stock for Q2 2024, down 56% quarter-over-quarter.
- 3 funds opened new Fintech Ecosystem Development Corp. Class A Common Stock positions in Q2 2024 and 16 closed out, a net change of -13 holders.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock buyer in Q2 2024 was Karpus Investment Management, an estimated $1.2M added.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock seller in Q2 2024 was First Trust Capital Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2024.