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FIIIU

Forum Merger III Corporation Units

Delisted

FIIIU was delisted on the 25th of June, 2021.

8 hedge funds and large institutions have $10.7M invested in Forum Merger III Corporation Units in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

84% less funds holding

Funds holding: 508 (-42)

93% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 44

93% less capital invested

Capital invested by funds: $162M → $10.7M (-$152M)

Holders
8
Holders Change
-42
Holders Change %
-84%
% of All Funds
0.14%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
1
Reduced
3
Closed
44
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Marshall Wace
26
Marshall Wace
United Kingdom
-$2.61M -250,000 Closed
MI
27
MMCAP International
Cayman Islands
-$2.61M -250,000 Closed
Alyeska Investment Group
28
Alyeska Investment Group
Illinois
-$2.11M -202,404 Closed
BCM
29
Beryl Capital Management
California
-$2.09M -200,000 Closed
CC
30
Centiva Capital
New York
-$2.09M -200,000 Closed
LP
31
LMR Partners
United Kingdom
-$2.09M -200,000 Closed
TCM
32
Tenor Capital Management
New York
-$2.09M -200,000 Closed
Verition Fund Management
33
Verition Fund Management
Connecticut
-$2.09M -200,000 Closed
FTCM
34
First Trust Capital Management
Illinois
-$1.84M -176,719 Closed
Walleye Capital
35
Walleye Capital
New York
-$1.47M -141,212 Closed
GF
36
Gabelli Funds
New York
-$1.38M -132,523 Closed
OAC
37
OMERS Administration Corp
Ontario, Canada
-$1.31M -125,000 Closed
MTCM
38
Mint Tower Capital Management
Netherlands
-$1.04M -100,000 Closed
Neuberger Berman Group
39
Neuberger Berman Group
New York
-$1.04M -100,000 Closed
Walleye Trading
40
Walleye Trading
New York
-$973K -93,165 Closed
YCM
41
Yakira Capital Management
Connecticut
-$793K -76,000 Closed
CH
42
CVI Holdings
Delaware
-$784K -75,000 Closed
Bank of America
43
Bank of America
North Carolina
-$522K -50,001 Closed
CCM
44
CAAS Capital Management
New York
-$522K -50,000 Closed
CAC
45
Cowen and Company
New York
-$522K -50,000 Closed
CS
46
Credit Suisse
Switzerland
-$522K -50,000 Closed
ECM
47
ExodusPoint Capital Management
New York
-$522K -50,000 Closed
CL
48
CSS LLC
Illinois
-$460K -44,017 Closed
AFS
49
Amtrust Financial Services
New York
-$104K -10,000 Closed
PAM
50
Panagora Asset Management
Massachusetts
-$80K -7,701 Closed

FIIIU Hedge Fund Activity: Q4 2020 in Review

8 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Forum Merger III Corporation Units (FIIIU) for Q4 2020, worth a combined $10.7M — down 93% from $162M a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FIIIU and 3 opened new positions — a net loss of 41 holders — while 3 trimmed existing stakes and 1 added.

The largest buyer was Morgan Stanley, opening a new position worth an estimated $360K. The largest seller was Magnetar Financial, exiting entirely with an estimated $15.7M sold.

  • 8 institutional investors held Forum Merger III Corporation Units (FIIIU) as of Q4 2020, down from 50 in Q3 2020.
  • Funds reported $10.7M of Forum Merger III Corporation Units stock for Q4 2020, down 93% quarter-over-quarter.
  • 3 funds opened new Forum Merger III Corporation Units positions in Q4 2020 and 44 closed out, a net change of -41 holders.
  • The largest Forum Merger III Corporation Units buyer in Q4 2020 was Morgan Stanley, an estimated $360K added.
  • The largest Forum Merger III Corporation Units seller in Q4 2020 was Magnetar Financial, an estimated $15.7M sold.

Based on aggregated 13F filings for Q4 2020.