FinTech Acquisition Corp. II Unit
FNTEU
FNTEU was delisted on the 25th of July, 2018.
8 hedge funds and large institutions have $35.2M invested in FinTech Acquisition Corp. II Unit in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
21% less capital invested
Capital invested by funds: $44.7M → $35.2M (-$9.45M)
33% less funds holding
Funds holding: 12 → 8 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.27M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$843K |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$411K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$21.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$11.2M |
| 2 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$2.75M |
| 3 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.37M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$789K |
| 5 |
DAL
David A. Lorber
|
-$64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $11.7M | +$5.27M | +500,000 | +83% |
|
|
SM
2
Scoggin Management
New York
| $7.91M | – | – | – |
|
|
JGC
3
J. Goldman & Co
New York
| $5.28M | – | – | – |
|
4
Hudson Bay Capital Management
Stamford,
Connecticut
| $5.07M | – | – | – |
|
|
5
Wellington Management Group
Boston,
Massachusetts
| $4.66M | +$843K | +79,900 | +22% |
|
|
BCM
6
Basso Capital Management
Stamford,
Connecticut
| $632K | +$411K | +39,000 | +187% |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| $21K | +$21.1K | +2,000 | New |
|
8
UBS Group
Zurich,
Switzerland
| $18K | -$26.9K | -2,552 | -59% |
|
|
9
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$11.2M | -1,066,133 | Closed |
|
|
FCG
10
FrontFour Capital Group
Greenwich,
Connecticut
| – | -$2.75M | -262,356 | Closed |
|
|
MAM
11
Myriad Asset Management
North Point,
Hong Kong
| – | -$1.37M | -130,000 | Closed |
|
|
PC
12
Periscope Capital
Toronto,
Ontario, Canada
| – | -$789K | -75,100 | Closed |
|
|
DAL
13
David A. Lorber
| – | -$64K | -6,078 | Closed |
|
FNTEU Hedge Fund Activity: Q1 2018 in Review
8 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in FinTech Acquisition Corp. II Unit (FNTEU) for Q1 2018, worth a combined $35.2M — down 21% from $44.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FNTEU and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $5.27M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $11.2M sold.
- 8 institutional investors held FinTech Acquisition Corp. II Unit (FNTEU) as of Q1 2018, down from 12 in Q4 2017.
- Funds reported $35.2M of FinTech Acquisition Corp. II Unit stock for Q1 2018, down 21% quarter-over-quarter.
- 1 fund opened new FinTech Acquisition Corp. II Unit positions in Q1 2018 and 5 closed out, a net change of -4 holders.
- The largest FinTech Acquisition Corp. II Unit buyer in Q1 2018 was Polar Asset Management Partners, an estimated $5.27M added.
- The largest FinTech Acquisition Corp. II Unit seller in Q1 2018 was Manulife (Manufacturers Life Insurance), an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2018.