FG Merger Corp. Unit
FGMCU
FGMCU was delisted on the 25th of August, 2023.
18 hedge funds and large institutions have $13.4M invested in FG Merger Corp. Unit in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 18 → 18 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
22% less capital invested
Capital invested by funds: $17.2M → $13.4M (-$3.81M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$119K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$40.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$24.1K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$11K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.05M |
| 2 |
E
Ergoteles
New York
|
-$340K |
| 3 |
SM
Skaana Management
Brooklyn,
New York
|
-$254K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$133K |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$100 |
FGMCU Hedge Fund Activity: Q3 2022 in Review
18 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in FG Merger Corp. Unit (FGMCU) for Q3 2022, worth a combined $13.4M — down 22% from $17.2M a quarter earlier.
Fund positioning in FGMCU was balanced in Q3 2022: 3 funds opened new positions, 3 closed out, 2 added to existing stakes and 3 trimmed.
The largest buyer was Clear Street, opening a new position worth an estimated $119K. The largest seller was Mangrove Partners, exiting entirely with an estimated $3.05M sold.
- 18 institutional investors held FG Merger Corp. Unit (FGMCU) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $13.4M of FG Merger Corp. Unit stock for Q3 2022, down 22% quarter-over-quarter.
- 3 funds opened new FG Merger Corp. Unit positions in Q3 2022 and 3 closed out, a net change of 0 holders.
- The largest FG Merger Corp. Unit buyer in Q3 2022 was Clear Street, an estimated $119K added.
- The largest FG Merger Corp. Unit seller in Q3 2022 was Mangrove Partners, an estimated $3.05M sold.
Based on aggregated 13F filings for Q3 2022.