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FGMCU

FG Merger Corp. Unit

Delisted

FGMCU was delisted on the 25th of August, 2023.

1 hedge funds and large institutions have $21 invested in FG Merger Corp. Unit in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% less funds holding

Funds holding: 71 (-6)

100% less capital invested

Capital invested by funds: $1.87M → $21 (-$1.87M)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 6

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
1
Holders Change
-6
Holders Change %
-85.71%
% of All Funds
0.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
1
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Clear Street
New York
$21 -$53 -5 -71%
CL
2
CSS LLC
Illinois
-$741K -71,035 Closed
GCL
3
Glazer Capital LLC
New York
-$361K -34,655 Closed
CSS
4
Cubist Systematic Strategies
Connecticut
-$349K -33,588 Closed
YCM
5
Yakira Capital Management
Connecticut
-$219K -21,035 Closed
VF
6
Virtu Financial
New York
-$197K -18,946 Closed
TRCT
7
Tower Research Capital (TRC)
New York
-$1K -100 Closed

FGMCU Hedge Fund Activity: Q2 2023 in Review

1 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in FG Merger Corp. Unit (FGMCU) for Q2 2023, worth a combined $21 — down 100% from $1.87M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FGMCU and 0 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 0 added.

The largest seller was CSS LLC, exiting entirely with an estimated $741K sold.

  • 1 institutional investor held FG Merger Corp. Unit (FGMCU) as of Q2 2023, down from 7 in Q1 2023.
  • Funds reported $21 of FG Merger Corp. Unit stock for Q2 2023, down 100% quarter-over-quarter.
  • 0 funds opened new FG Merger Corp. Unit positions in Q2 2023 and 6 closed out, a net change of -6 holders.
  • The largest FG Merger Corp. Unit seller in Q2 2023 was CSS LLC, an estimated $741K sold.

Based on aggregated 13F filings for Q2 2023.