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.
6 hedge funds and large institutions have $9.99M 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 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 6 closing their positions.
45% less funds holding
Funds holding: 11 → 6 (-5)
81% less capital invested
Capital invested by funds: $52.1M → $9.99M (-$42.1M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$10M |
| 2 |
6CM
683 Capital Management
New York
|
-$10M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$9.93M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$9.41M |
| 5 |
Millennium Management
New York
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
1
Magnetar Financial
Evanston,
Illinois
| $9.83M | -$117K | -11,700 | -1% |
|
|
LCM
2
Landscape Capital Management
Englewood,
New Jersey
| $110K | – | – | – |
|
|
CS
3
Clear Street
New York
| $43K | -$46.7K | -4,650 | -52% |
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | – | – | – |
|
5
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
6
Bank of America
Charlotte,
North Carolina
| $1K | +$1K | +100 | New |
|
|
6CM
7
683 Capital Management
New York
| – | -$10M | -1,000,000 | Closed |
|
|
SCM
8
Shaolin Capital Management
Miami,
Florida
| – | -$10M | -995,675 | Closed |
|
|
AC
9
Aristeia Capital
Greenwich,
Connecticut
| – | -$9.93M | -990,000 | Closed |
|
|
10
Nomura Holdings
Tokyo,
Japan
| – | -$9.41M | -935,636 | Closed |
|
|
11
Millennium Management
New York
| – | -$2.06M | -205,000 | Closed |
|
|
PCM
12
Prelude Capital Management
New York
| – | -$604K | -60,100 | Closed |
|
FLAG.U Hedge Fund Activity: Q1 2022 in Review
6 of the 6,340 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 Q1 2022, worth a combined $9.99M — down 81% from $52.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FLAG.U and 1 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Bank of America, opening a new position worth an estimated $1K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $10M sold.
- 6 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 Q1 2022, down from 11 in Q4 2021.
- Funds reported $9.99M 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 Q1 2022, down 81% quarter-over-quarter.
- 1 fund 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 Q1 2022 and 6 closed out, a net change of -5 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 Q1 2022 was Bank of America, an estimated $1K 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 Q1 2022 was Shaolin Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2022.