FirstMark Horizon Acquisition Corp.
FMAC
FMAC was delisted on the 28th of March, 2022.
72 hedge funds and large institutions have $285M invested in FirstMark Horizon Acquisition Corp. in 2021 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 5 increasing their positions, 19 reducing their positions, and 8 closing their positions.
350% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 8
64% more funds holding
Funds holding: 44 → 72 (+28)
13% more capital invested
Capital invested by funds: $253M → $285M (+$32.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
74% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 19
87% less call options, than puts
Call options by funds: $393K | Put options by funds: $2.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$18M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$13M |
| 3 |
TCIM
TOMS Capital Investment Management
New York
|
+$11.2M |
| 4 |
ECM
Element Capital Management
New York
|
+$10.9M |
| 5 |
Holocene Advisors
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$14.1M |
| 2 |
Millennium Management
New York
|
-$7.55M |
| 3 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$6.66M |
| 4 |
GL
Governors Lane
New York
|
-$6.46M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
76
LMR Partners
London,
United Kingdom
| – | -$1.41M | -132,500 | Closed |
|
|
MIM
77
Monashee Investment Management
Boston,
Massachusetts
| – | -$1.06M | -99,999 | Closed |
|
|
WRBC
78
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.05M | -99,390 | Closed |
|
|
FTCM
79
Fir Tree Capital Management
New York
| – | -$776K | -73,172 | Closed |
|
80
HighTower Advisors
Chicago,
Illinois
| – | -$609K | -57,483 | Closed |
|
FMAC Hedge Fund Activity: Q1 2021 in Review
72 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in FirstMark Horizon Acquisition Corp. (FMAC) for Q1 2021, worth a combined $285M — up 13% from $253M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FMAC positions and 8 closed out — a net gain of 28 holders — while 5 added to existing stakes and 19 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $18M. The largest seller was Glazer Capital LLC, cutting an estimated $14.1M.
- 72 institutional investors held FirstMark Horizon Acquisition Corp. (FMAC) as of Q1 2021, up from 44 in Q4 2020.
- Funds reported $285M of FirstMark Horizon Acquisition Corp. stock for Q1 2021, up 13% quarter-over-quarter.
- 36 funds opened new FirstMark Horizon Acquisition Corp. positions in Q1 2021 and 8 closed out, a net change of +28 holders.
- The largest FirstMark Horizon Acquisition Corp. buyer in Q1 2021 was Third Point, an estimated $18M added.
- The largest FirstMark Horizon Acquisition Corp. seller in Q1 2021 was Glazer Capital LLC, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2021.