FinTech Acquisition Corp. II Unit
FNTEU
FNTEU was delisted on the 25th of July, 2018.
19 hedge funds and large institutions have $85.6M invested in FinTech Acquisition Corp. II Unit in 2017 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 4 closing their positions.
17% less funds holding
Funds holding: 23 → 19 (-4)
27% less capital invested
Capital invested by funds: $118M → $85.6M (-$32.1M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$39.4K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$26.1K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$145 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$18.5M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$3.85M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.32M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.61M |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$1.69M |
FNTEU Hedge Fund Activity: Q2 2017 in Review
19 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FinTech Acquisition Corp. II Unit (FNTEU) for Q2 2017, worth a combined $85.6M — down 27% from $118M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FNTEU and 0 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Cowen Inc, adding an estimated $39.4K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $18.5M sold.
- 19 institutional investors held FinTech Acquisition Corp. II Unit (FNTEU) as of Q2 2017, down from 23 in Q1 2017.
- Funds reported $85.6M of FinTech Acquisition Corp. II Unit stock for Q2 2017, down 27% quarter-over-quarter.
- 0 funds opened new FinTech Acquisition Corp. II Unit positions in Q2 2017 and 4 closed out, a net change of -4 holders.
- The largest FinTech Acquisition Corp. II Unit buyer in Q2 2017 was Cowen Inc, an estimated $39.4K added.
- The largest FinTech Acquisition Corp. II Unit seller in Q2 2017 was AQR Arbitrage, an estimated $18.5M sold.
Based on aggregated 13F filings for Q2 2017.