Fintech Ecosystem Development Corp. Class A Common Stock
FEXD
FEXD was delisted on the 19th of August, 2024.
20 hedge funds and large institutions have $38M invested in Fintech Ecosystem Development Corp. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 24 closing their positions.
52% less funds holding
Funds holding: 42 → 20 (-22)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
68% less capital invested
Capital invested by funds: $120M → $38M (-$82.4M)
88% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$4.89M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.16M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
+$1.19M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
+$1.14M |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$10M |
| 2 |
CC
Centiva Capital
New York
|
-$8.42M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$8.4M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.63M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.71M |
FEXD Hedge Fund Activity: Q2 2023 in Review
20 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) for Q2 2023, worth a combined $38M — down 68% from $120M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of FEXD and 3 opened new positions — a net loss of 21 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Mizuho Securities USA, adding an estimated $4.89M. The largest seller was Saba Capital Management, exiting entirely with an estimated $10M sold.
- 20 institutional investors held Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) as of Q2 2023, down from 42 in Q1 2023.
- Funds reported $38M of Fintech Ecosystem Development Corp. Class A Common Stock stock for Q2 2023, down 68% quarter-over-quarter.
- 3 funds opened new Fintech Ecosystem Development Corp. Class A Common Stock positions in Q2 2023 and 24 closed out, a net change of -21 holders.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock buyer in Q2 2023 was Mizuho Securities USA, an estimated $4.89M added.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock seller in Q2 2023 was Saba Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2023.