Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant
FPAC.U
FPAC.U was delisted on the 6th of March, 2023.
41 hedge funds and large institutions have $106M invested in Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 27 reducing their positions, and 47 closing their positions.
51% less funds holding
Funds holding: 83 → 41 (-42)
81% less capital invested
Capital invested by funds: $550M → $106M (-$444M)
89% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 47
93% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
+$1.07M |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
+$322K |
| 3 |
Morgan Stanley
New York
|
+$152K |
| 4 |
VF
Virtu Financial
New York
|
+$151K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$47.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$40.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$35.2M |
| 3 |
LA
Linden Advisors
New York
|
-$31.1M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$25.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$22.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of America
Charlotte,
North Carolina
| – | -$1.55M | -150,000 | Closed |
|
|
WAM
77
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.54M | -148,573 | Closed |
|
|
SCM
78
Saba Capital Management
New York
| – | -$1.38M | -133,535 | Closed |
|
|
AA
79
AQR Arbitrage
Greenwich,
Connecticut
| – | -$1.29M | -125,000 | Closed |
|
|
DCM
80
Dupont Capital Management
Wilmington,
Delaware
| – | -$1.07M | -99,999 | -100% |
|
|
SSA
81
Schonfeld Strategic Advisors
New York
| – | -$1.03M | -99,283 | Closed |
|
|
CC
82
Centiva Capital
New York
| – | -$828K | -80,000 | Closed |
|
|
WCA
83
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$776K | -75,006 | Closed |
|
|
KC
84
KCL Capital
New York
| – | -$518K | -50,000 | Closed |
|
|
PI
85
PEAK6 Investments
Chicago,
Illinois
| – | -$518K | -50,000 | Closed |
|
|
MSU
86
Mizuho Securities USA
New York
| – | -$309K | -30,000 | Closed |
|
|
SM
87
SG3 Management
Dorado,
Puerto Rico
| – | -$228K | -22,000 | Closed |
|
|
SIM
88
SSI Investment Management
Los Angeles,
California
| – | -$208K | -20,000 | Closed |
|
FPAC.U Hedge Fund Activity: Q1 2021 in Review
41 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant (FPAC.U) for Q1 2021, worth a combined $106M — down 81% from $550M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of FPAC.U and 5 opened new positions — a net loss of 42 holders — while 27 trimmed existing stakes and 2 added.
The largest buyer was Q Global Advisors, opening a new position worth an estimated $1.07M. The largest seller was BlackRock, exiting entirely with an estimated $40.8M sold.
- 41 institutional investors held Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant (FPAC.U) as of Q1 2021, down from 83 in Q4 2020.
- Funds reported $106M of Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant stock for Q1 2021, down 81% quarter-over-quarter.
- 5 funds opened new Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant positions in Q1 2021 and 47 closed out, a net change of -42 holders.
- The largest Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant buyer in Q1 2021 was Q Global Advisors, an estimated $1.07M added.
- The largest Far Peak Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant seller in Q1 2021 was BlackRock, an estimated $40.8M sold.
Based on aggregated 13F filings for Q1 2021.