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.
12 hedge funds and large institutions have $65.6M invested in Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 17 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
57% less funds holding
Funds holding: 28 → 12 (-16)
70% less capital invested
Capital invested by funds: $219M → $65.6M (-$154M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$54.2K |
| 2 |
JP Morgan Chase
New York
|
+$1.13K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$332 |
| 4 |
Barclays
London,
United Kingdom
|
+$44 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$43.2M |
| 2 |
Millennium Management
New York
|
-$18.4M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$14.7M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$13.6M |
| 5 |
AGC
Angelo Gordon & Co
New York
|
-$13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$164K | -15,254 | Closed |
|
|
27
Barclays
London,
United Kingdom
| – | +$44 | +4 | New |
|
FPAC.U Hedge Fund Activity: Q1 2020 in Review
12 of the 4,539 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 Q1 2020, worth a combined $65.6M — down 70% from $219M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FPAC.U and 2 opened new positions — a net loss of 15 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $54.2K. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $43.2M sold.
- 12 institutional investors held Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 (FPAC.U) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $65.6M of Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 stock for Q1 2020, down 70% 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 Q1 2020 and 17 closed out, a net change of -15 holders.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 buyer in Q1 2020 was BlueCrest Capital Management, an estimated $54.2K added.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 seller in Q1 2020 was Anchorage Capital Group, an estimated $43.2M sold.
Based on aggregated 13F filings for Q1 2020.