Fintech Ecosystem Development Corp. Units
FEXDU
FEXDU was delisted on the 19th of August, 2024.
3 hedge funds and large institutions have $38K invested in Fintech Ecosystem Development Corp. Units in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 2 reducing their positions, and 3 closing their positions.
40% less funds holding
Funds holding: 5 → 3 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
97% less capital invested
Capital invested by funds: $1.39M → $38K (-$1.36M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$31 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
-$1.04M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$306K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$10.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.04K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$31 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
1
Wolverine Asset Management
Chicago,
Illinois
| $36.9K | -$10.4K | -1,000 | -22% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $1K | -$31 | -3 | -2% |
|
|
CS
3
Clear Street
New York
| $32 | +$31 | +3 | New |
|
|
CIM
4
Cowen Investment Management
New York
| – | -$1.04M | -100,000 | Closed |
|
|
LCM
5
Landscape Capital Management
Englewood,
New Jersey
| – | -$306K | -29,387 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$1.04K | -100 | Closed |
|
FEXDU Hedge Fund Activity: Q1 2023 in Review
3 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Fintech Ecosystem Development Corp. Units (FEXDU) for Q1 2023, worth a combined $38K — down 97% from $1.39M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FEXDU and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $31. The largest seller was Cowen Investment Management, exiting entirely with an estimated $1.04M sold.
- 3 institutional investors held Fintech Ecosystem Development Corp. Units (FEXDU) as of Q1 2023, down from 5 in Q4 2022.
- Funds reported $38K of Fintech Ecosystem Development Corp. Units stock for Q1 2023, down 97% quarter-over-quarter.
- 1 fund opened new Fintech Ecosystem Development Corp. Units positions in Q1 2023 and 3 closed out, a net change of -2 holders.
- The largest Fintech Ecosystem Development Corp. Units buyer in Q1 2023 was Clear Street, an estimated $31 added.
- The largest Fintech Ecosystem Development Corp. Units seller in Q1 2023 was Cowen Investment Management, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2023.