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.
25 hedge funds and large institutions have $254M invested in Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less funds holding
Funds holding: 27 → 25 (-2)
17% less capital invested
Capital invested by funds: $307M → $254M (-$52.9M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$11.9M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$1.05M |
| 3 |
Walleye Trading
New York
|
+$326K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.85K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.31K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$36.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$20.9M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$10.3M |
| 4 |
KC
Kepos Capital
New York
|
-$1.63M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
26
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$20.9M | -2,010,000 | Closed |
|
|
27
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
| – | -$10.3M | -1,000,000 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$7K | -700 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$1.03K | -98 | -98% |
|
FPAC.U Hedge Fund Activity: Q2 2019 in Review
25 of the 4,604 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 Q2 2019, worth a combined $254M — down 17% from $307M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FPAC.U and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $11.9M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $36.6M sold.
- 25 institutional investors held Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 (FPAC.U) as of Q2 2019, down from 27 in Q1 2019.
- Funds reported $254M of Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 stock for Q2 2019, down 17% quarter-over-quarter.
- 2 funds opened new Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 positions in Q2 2019 and 4 closed out, a net change of -2 holders.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 buyer in Q2 2019 was BlueCrest Capital Management, an estimated $11.9M added.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 seller in Q2 2019 was Manulife (Manufacturers Life Insurance), an estimated $36.6M sold.
Based on aggregated 13F filings for Q2 2019.