Fintech Ecosystem Development Corp. Units
FEXDU
FEXDU was delisted on the 19th of August, 2024.
10 hedge funds and large institutions have $12.6M invested in Fintech Ecosystem Development Corp. Units in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 26 closing their positions.
71% less funds holding
Funds holding: 35 → 10 (-25)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
86% less capital invested
Capital invested by funds: $87.5M → $12.6M (-$74.9M)
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$54.6K |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$29.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$9.71M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$8.14M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$7.07M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$4.59M |
| 5 |
ASM
ATW SPAC Management
New York
|
-$4.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
6CM
26
683 Capital Management
New York
| – | -$1.53M | -150,000 | Closed |
|
|
FLC
27
Fifth Lane Capital
Austin,
Texas
| – | -$1.53M | -150,000 | Closed |
|
|
WRBC
28
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.51M | -148,366 | Closed |
|
|
AC
29
Ayrton Capital
Westport,
Connecticut
| – | -$1.27M | -125,000 | Closed |
|
|
PCM
30
Prelude Capital Management
New York
| – | -$510K | -50,000 | Closed |
|
|
SRCM
31
Sage Rock Capital Management
New York
| – | -$510K | -50,000 | Closed |
|
|
BCM
32
Beryl Capital Management
Redondo Beach,
California
| – | -$432K | -42,337 | Closed |
|
|
FTCM
33
Fir Tree Capital Management
New York
| – | -$372K | -36,441 | Closed |
|
34
Millennium Management
New York
| – | -$306K | -30,000 | Closed |
|
|
AA
35
AQR Arbitrage
Greenwich,
Connecticut
| – | -$255K | -25,000 | Closed |
|
|
AA
36
Ancora Advisors
Cleveland,
Ohio
| – | -$102K | -10,000 | Closed |
|
FEXDU Hedge Fund Activity: Q1 2022 in Review
10 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Fintech Ecosystem Development Corp. Units (FEXDU) for Q1 2022, worth a combined $12.6M — down 86% from $87.5M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FEXDU and 1 opened new positions — a net loss of 25 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $54.6K. The largest seller was Saba Capital Management, exiting entirely with an estimated $9.71M sold.
- 10 institutional investors held Fintech Ecosystem Development Corp. Units (FEXDU) as of Q1 2022, down from 35 in Q4 2021.
- Funds reported $12.6M of Fintech Ecosystem Development Corp. Units stock for Q1 2022, down 86% quarter-over-quarter.
- 1 fund opened new Fintech Ecosystem Development Corp. Units positions in Q1 2022 and 26 closed out, a net change of -25 holders.
- The largest Fintech Ecosystem Development Corp. Units buyer in Q1 2022 was Clear Street, an estimated $54.6K added.
- The largest Fintech Ecosystem Development Corp. Units seller in Q1 2022 was Saba Capital Management, an estimated $9.71M sold.
Based on aggregated 13F filings for Q1 2022.