Founder SPAC Class A Ordinary Shares
FOUN
FOUN was delisted on the 15th of August, 2022.
58 hedge funds and large institutions have $270M invested in Founder SPAC Class A Ordinary Shares in 2022 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 8 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
19% more capital invested
Capital invested by funds: $226M → $270M (+$43.2M)
16% more funds holding
Funds holding: 50 → 58 (+8)
12.72% more ownership
Funds ownership: 71.95% → 84.66% (+13%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Taconic Capital Advisors
New York
|
+$18M |
| 2 |
Millennium Management
New York
|
+$8.48M |
| 3 |
SC
Sculptor Capital
New York
|
+$6.25M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$5.48M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$17.8M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$8.69M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$3.04M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$2.98M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$2.52M |
FOUN Hedge Fund Activity: Q1 2022 in Review
58 of the 6,361 institutional investors tracked by Wall St. Rank reported a position in Founder SPAC Class A Ordinary Shares (FOUN) for Q1 2022, worth a combined $270M — up 19% from $226M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FOUN positions and 8 closed out — a net gain of 8 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Taconic Capital Advisors, opening a new position worth an estimated $18M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $17.8M sold.
- 58 institutional investors held Founder SPAC Class A Ordinary Shares (FOUN) as of Q1 2022, up from 50 in Q4 2021.
- Funds reported $270M of Founder SPAC Class A Ordinary Shares stock for Q1 2022, up 19% quarter-over-quarter.
- 16 funds opened new Founder SPAC Class A Ordinary Shares positions in Q1 2022 and 8 closed out, a net change of +8 holders.
- The largest Founder SPAC Class A Ordinary Shares buyer in Q1 2022 was Taconic Capital Advisors, an estimated $18M added.
- The largest Founder SPAC Class A Ordinary Shares seller in Q1 2022 was Beryl Capital Management, an estimated $17.8M sold.
Based on aggregated 13F filings for Q1 2022.