FG Merger Corp. Common Stock
FGMC
FGMC was delisted on the 25th of August, 2023.
35 hedge funds and large institutions have $72.8M invested in FG Merger Corp. Common Stock in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 34 → 35 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $74.7M → $72.8M (-$1.88M)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$1.39M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.31M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$847K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$800K |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$6.21M |
| 2 |
Two Sigma Investments
New York
|
-$1.26M |
| 3 |
ETH
Exos TFP Holdings
New York
|
-$734K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$388K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$295K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
26
Prelude Capital Management
New York
| $424K | – | – | – |
|
|
TI
27
Tidal Investments
Milwaukee,
Wisconsin
| $332K | -$6.32K | -603 | -2% |
|
|
CAC
28
Cowen and Company
New York
| $327K | +$324K | +30,883 | New |
|
|
YCM
29
Yakira Capital Management
Westport,
Connecticut
| $223K | +$221K | +21,035 | New |
|
|
QL
30
Quarry LP
New York
| $212K | -$105K | -10,000 | -33% |
|
|
SCM
31
Saba Capital Management
New York
| $209K | – | – | – |
|
|
KIM
32
Karpus Investment Management
Pittsford,
New York
| $135K | – | – | – |
|
|
ETH
33
Exos TFP Holdings
New York
| $53K | -$734K | -70,011 | -93% |
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $45.8K | – | – | – |
|
|
EC
35
Elequin Capital
New York
| $5.29K | – | – | – |
|
|
CH
36
CVI Holdings
Wilmington,
Delaware
| – | -$6.21M | -596,700 | Closed |
|
|
OFG
37
OTA Financial Group
Purchase,
New York
| – | -$295K | -28,417 | Closed |
|
FGMC Hedge Fund Activity: Q2 2023 in Review
35 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in FG Merger Corp. Common Stock (FGMC) for Q2 2023, worth a combined $72.8M — down 2.5% from $74.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FGMC positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Clear Street, adding an estimated $1.39M. The largest seller was CVI Holdings, exiting entirely with an estimated $6.21M sold.
- 35 institutional investors held FG Merger Corp. Common Stock (FGMC) as of Q2 2023, up from 34 in Q1 2023.
- Funds reported $72.8M of FG Merger Corp. Common Stock stock for Q2 2023, down 2.5% quarter-over-quarter.
- 3 funds opened new FG Merger Corp. Common Stock positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest FG Merger Corp. Common Stock buyer in Q2 2023 was Clear Street, an estimated $1.39M added.
- The largest FG Merger Corp. Common Stock seller in Q2 2023 was CVI Holdings, an estimated $6.21M sold.
Based on aggregated 13F filings for Q2 2023.