flyExclusive
FLYX
16 hedge funds and large institutions have $31.6M invested in flyExclusive in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 41 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
71% less funds holding
Funds holding: 56 → 16 (-40)
86% less capital invested
Capital invested by funds: $221M → $31.6M (-$189M)
95% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 41
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.55M |
| 2 |
CM
CastleKnight Management
New York
|
+$579K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$344K |
| 4 |
Walleye Trading
New York
|
+$181K |
| 5 |
Walleye Capital
New York
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$17.5M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$15.7M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$11.5M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$10.9M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COPPSERS
51
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$509K | -50,000 | Closed |
|
|
OFG
52
OTA Financial Group
Purchase,
New York
| – | -$357K | -35,082 | Closed |
|
|
ETH
53
Exos TFP Holdings
New York
| – | -$313K | -30,736 | Closed |
|
|
TAM
54
Terrapin Asset Management
Miami,
Florida
| – | -$204K | -20,000 | Closed |
|
|
GCL
55
Glazer Capital LLC
New York
| – | -$176K | -17,326 | Closed |
|
56
Barclays
London,
United Kingdom
| – | -$155K | -15,200 | Closed |
|
57
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$2.04K | -200 | Closed |
|
FLYX Hedge Fund Activity: Q2 2023 in Review
16 of the 6,372 institutional investors tracked by Wall St. Rank reported a position in flyExclusive (FLYX) for Q2 2023, worth a combined $31.6M — down 86% from $221M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FLYX and 2 opened new positions — a net loss of 39 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Spartan Fund Management, adding an estimated $1.55M. The largest seller was Saba Capital Management, exiting entirely with an estimated $17.5M sold.
- 16 institutional investors held flyExclusive (FLYX) as of Q2 2023, down from 56 in Q1 2023.
- Funds reported $31.6M of flyExclusive stock for Q2 2023, down 86% quarter-over-quarter.
- 2 funds opened new flyExclusive positions in Q2 2023 and 41 closed out, a net change of -39 holders.
- The largest flyExclusive buyer in Q2 2023 was Spartan Fund Management, an estimated $1.55M added.
- The largest flyExclusive seller in Q2 2023 was Saba Capital Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2023.