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.
33 hedge funds and large institutions have $355M invested in Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 15 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less capital invested
Capital invested by funds: $479M → $355M (-$125M)
28% less funds holding
Funds holding: 46 → 33 (-13)
87% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
+$40.8M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$8.95M |
| 3 |
CI
Cowen Inc
New York
|
+$591K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$326K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$22.4M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$20.4M |
| 3 |
KC
Kepos Capital
New York
|
-$18.8M |
| 4 |
FIG
Fortress Investment Group
New York
|
-$16.3M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$11.7M |
FPAC.U Hedge Fund Activity: Q3 2018 in Review
33 of the 4,391 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 Q3 2018, worth a combined $355M — down 26% from $479M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FPAC.U and 2 opened new positions — a net loss of 13 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Anchorage Capital Group, opening a new position worth an estimated $40.8M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $22.4M sold.
- 33 institutional investors held Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 (FPAC.U) as of Q3 2018, down from 46 in Q2 2018.
- Funds reported $355M of Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 stock for Q3 2018, down 26% 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 Q3 2018 and 15 closed out, a net change of -13 holders.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 buyer in Q3 2018 was Anchorage Capital Group, an estimated $40.8M added.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 seller in Q3 2018 was Schonfeld Strategic Advisors, an estimated $22.4M sold.
Based on aggregated 13F filings for Q3 2018.