Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00
FPAC.U
FPAC.U was delisted on the 27th of August, 2020.
30 hedge funds and large institutions have $335M invested in Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% less capital invested
Capital invested by funds: $355M → $335M (-$20.1M)
9% less funds holding
Funds holding: 33 → 30 (-3)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$562K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$217K |
| 3 |
Walleye Trading
New York
|
+$165K |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$159K |
| 5 |
KC
Kepos Capital
New York
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10.3M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.44M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$689K |
| 4 |
CI
Cowen Inc
New York
|
-$596K |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$539K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $151K | -$102K | -10,000 | -40% |
|
|
KC
27
Kepos Capital
New York
| $151K | +$152K | +15,000 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $8K | -$11.2K | -1,100 | -58% |
|
|
HIM
29
HGC Investment Management
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
30
Alyeska Investment Group
Chicago,
Illinois
| – | -$10.3M | -1,000,002 | Closed |
|
|
BCM
31
Bluefin Capital Management
New York
| – | -$689K | -66,990 | Closed |
|
|
CI
32
Cowen Inc
New York
| – | -$596K | -57,996 | Closed |
|
|
CC
33
Caxton Corporation
Princeton,
New Jersey
| – | -$237K | -23,030 | Closed |
|
|
PAM
34
Panagora Asset Management
Boston,
Massachusetts
| – | -$97.1K | -9,556 | -100% |
|
FPAC.U Hedge Fund Activity: Q4 2018 in Review
30 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 (FPAC.U) for Q4 2018, worth a combined $335M — down 5.7% from $355M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FPAC.U and 1 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Deutsche Bank, adding an estimated $562K. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $10.3M sold.
- 30 institutional investors held Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 (FPAC.U) as of Q4 2018, down from 33 in Q3 2018.
- Funds reported $335M of Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 stock for Q4 2018, down 5.7% quarter-over-quarter.
- 1 fund opened new Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 positions in Q4 2018 and 4 closed out, a net change of -3 holders.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 buyer in Q4 2018 was Deutsche Bank, an estimated $562K added.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 seller in Q4 2018 was Alyeska Investment Group, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2018.