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.
26 hedge funds and large institutions have $224M invested in Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 0 closing their positions.
4% more funds holding
Funds holding: 25 → 26 (+1)
12% less capital invested
Capital invested by funds: $254M → $224M (-$30.5M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.49M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.11M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$319K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$163K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$268 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$16M |
| 2 |
HCM
Highline Capital Management
New York
|
-$9.01M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
-$8.56M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$216K |
| 5 |
KC
Kepos Capital
New York
|
-$53.5K |
FPAC.U Hedge Fund Activity: Q3 2019 in Review
26 of the 4,560 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 2019, worth a combined $224M — down 12% from $254M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FPAC.U positions and 0 closed out — a net gain of 1 holder — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $1.49M. The largest seller was BlueCrest Capital Management, cutting an estimated $16M.
- 26 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 2019, up from 25 in Q2 2019.
- Funds reported $224M of Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 stock for Q3 2019, down 12% 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 Q3 2019 and 0 closed out, a net change of +1 holder.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 buyer in Q3 2019 was Wolverine Asset Management, an estimated $1.49M added.
- The largest Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00 seller in Q3 2019 was BlueCrest Capital Management, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2019.