Fintech Ecosystem Development Corp. Class A Common Stock
FEXD
FEXD was delisted on the 19th of August, 2024.
24 hedge funds and large institutions have $35M invested in Fintech Ecosystem Development Corp. Class A Common Stock in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 5 closing their positions.
11% less funds holding
Funds holding: 27 → 24 (-3)
12% less capital invested
Capital invested by funds: $39.9M → $35M (-$4.86M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.88M |
| 2 |
CAC
Cowen and Company
New York
|
+$2.6M |
| 3 |
CS
Clear Street
New York
|
+$1.46M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$901K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$4.86M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.16M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$2.99M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
-$1.16M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$1.1M |
FEXD Hedge Fund Activity: Q1 2024 in Review
24 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) for Q1 2024, worth a combined $35M — down 12% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FEXD and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Meteora Capital, adding an estimated $2.88M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $4.86M sold.
- 24 institutional investors held Fintech Ecosystem Development Corp. Class A Common Stock (FEXD) as of Q1 2024, down from 27 in Q4 2023.
- Funds reported $35M of Fintech Ecosystem Development Corp. Class A Common Stock stock for Q1 2024, down 12% quarter-over-quarter.
- 2 funds opened new Fintech Ecosystem Development Corp. Class A Common Stock positions in Q1 2024 and 5 closed out, a net change of -3 holders.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock buyer in Q1 2024 was Meteora Capital, an estimated $2.88M added.
- The largest Fintech Ecosystem Development Corp. Class A Common Stock seller in Q1 2024 was Oaktree Capital Management, an estimated $4.86M sold.
Based on aggregated 13F filings for Q1 2024.