FG Merger Corp. Unit
FGMCU
FGMCU was delisted on the 25th of August, 2023.
14 hedge funds and large institutions have $9.31M invested in FG Merger Corp. Unit in 2022 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
22% less funds holding
Funds holding: 18 → 14 (-4)
30% less capital invested
Capital invested by funds: $13.4M → $9.31M (-$4.05M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$2.16K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$2.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.01M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$1.3M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$488K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$133K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$109K |
FGMCU Hedge Fund Activity: Q4 2022 in Review
14 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in FG Merger Corp. Unit (FGMCU) for Q4 2022, worth a combined $9.31M — down 30% from $13.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FGMCU and 0 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Cubist Systematic Strategies, adding an estimated $2.16K. The largest seller was Bulldog Investors, exiting entirely with an estimated $2.01M sold.
- 14 institutional investors held FG Merger Corp. Unit (FGMCU) as of Q4 2022, down from 18 in Q3 2022.
- Funds reported $9.31M of FG Merger Corp. Unit stock for Q4 2022, down 30% quarter-over-quarter.
- 0 funds opened new FG Merger Corp. Unit positions in Q4 2022 and 4 closed out, a net change of -4 holders.
- The largest FG Merger Corp. Unit buyer in Q4 2022 was Cubist Systematic Strategies, an estimated $2.16K added.
- The largest FG Merger Corp. Unit seller in Q4 2022 was Bulldog Investors, an estimated $2.01M sold.
Based on aggregated 13F filings for Q4 2022.