First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
FLAG.U
FLAG.U was delisted on the 12th of September, 2023.
11 hedge funds and large institutions have $52.1M invested in First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 18 closing their positions.
56% less funds holding
Funds holding: 25 → 11 (-14)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
76% less capital invested
Capital invested by funds: $213M → $52.1M (-$161M)
78% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prelude Capital Management
New York
|
+$605K |
| 2 |
Millennium Management
New York
|
+$50.3K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.1K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$19.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$19.7M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$19.7M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$14.9M |
| 5 |
GL
Governors Lane
New York
|
-$14.9M |
FLAG.U Hedge Fund Activity: Q4 2021 in Review
11 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (FLAG.U) for Q4 2021, worth a combined $52.1M — down 76% from $213M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FLAG.U and 4 opened new positions — a net loss of 14 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Prelude Capital Management, opening a new position worth an estimated $605K. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $19.7M sold.
- 11 institutional investors held First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (FLAG.U) as of Q4 2021, down from 25 in Q3 2021.
- Funds reported $52.1M of First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q4 2021, down 76% quarter-over-quarter.
- 4 funds opened new First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q4 2021 and 18 closed out, a net change of -14 holders.
- The largest First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q4 2021 was Prelude Capital Management, an estimated $605K added.
- The largest First Light Acquisition Group, Inc. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q4 2021 was Apollo Management Holdings, an estimated $19.7M sold.
Based on aggregated 13F filings for Q4 2021.