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.
28 hedge funds and large institutions have $219M invested in Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
8% more funds holding
Funds holding: 26 → 28 (+2)
2% less capital invested
Capital invested by funds: $224M → $219M (-$4.11M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.22M |
| 2 |
JG
Jefferies Group
New York
|
+$1.22M |
| 3 |
KC
Kepos Capital
New York
|
+$787K |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$262K |
| 5 |
Walleye Trading
New York
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$5.38M |
| 2 |
HCM
Highline Capital Management
New York
|
-$3.24M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.87M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$593K |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$342K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
27
Marshall Wace
London,
United Kingdom
| – | -$5.38M | -503,700 | Closed |
|
|
BFM
28
Boothbay Fund Management
New York
| – | -$319K | -29,822 | Closed |
|
FPAC.U Hedge Fund Activity: Q4 2019 in Review
28 of the 5,075 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 2019, worth a combined $219M — down 1.8% from $224M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FPAC.U positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Periscope Capital, opening a new position worth an estimated $3.22M. The largest seller was Marshall Wace, exiting entirely with an estimated $5.38M sold.
- 28 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 2019, up from 26 in Q3 2019.
- Funds reported $219M of Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 stock for Q4 2019, down 1.8% quarter-over-quarter.
- 4 funds opened new Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 positions in Q4 2019 and 2 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 Q4 2019 was Periscope Capital, an estimated $3.22M added.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 seller in Q4 2019 was Marshall Wace, an estimated $5.38M sold.
Based on aggregated 13F filings for Q4 2019.