Fold Holdings
32 hedge funds and large institutions have $150M invested in Fold Holdings in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 42 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
34.21% less ownership
Funds ownership: 89.58% → 55.37% (-34%)
38% less capital invested
Capital invested by funds: $240M → $150M (-$90.1M)
48% less funds holding
Funds holding: 61 → 32 (-29)
69% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMC
Atlas Merchant Capital
New York
|
+$20.8M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$15.1M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$10.4M |
| 4 |
CAC
Cowen and Company
New York
|
+$8.34M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$24.9M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$17.4M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$15.7M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$8.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$7.77M |
FLD Hedge Fund Activity: Q3 2023 in Review
32 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fold Holdings (FLD) for Q3 2023, worth a combined $150M — down 38% from $240M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FLD and 13 opened new positions — a net loss of 29 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Atlas Merchant Capital, opening a new position worth an estimated $20.8M. The largest seller was Aristeia Capital, exiting entirely with an estimated $24.9M sold.
- 32 institutional investors held Fold Holdings (FLD) as of Q3 2023, down from 61 in Q2 2023.
- Funds reported $150M of Fold Holdings stock for Q3 2023, down 38% quarter-over-quarter.
- 13 funds opened new Fold Holdings positions in Q3 2023 and 42 closed out, a net change of -29 holders.
- The largest Fold Holdings buyer in Q3 2023 was Atlas Merchant Capital, an estimated $20.8M added.
- The largest Fold Holdings seller in Q3 2023 was Aristeia Capital, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2023.