Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1
FPAC.WS
FPAC.WS was delisted on the 28th of August, 2020.
33 hedge funds and large institutions have $16.7M invested in Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1 in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 3 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
56% more capital invested
Capital invested by funds: $10.7M → $16.7M (+$5.96M)
18% more funds holding
Funds holding: 28 → 33 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$502K |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$408K |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$253K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$206K |
| 5 |
KC
Kepos Capital
New York
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
-$317K |
| 2 |
MCM
Moore Capital Management
New York
|
-$200K |
| 3 |
CAC
Cowen and Company
New York
|
-$125K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$36.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Stifel Financial
St. Louis,
Missouri
| $58K | – | – | – |
|
27
Goldman Sachs
New York
| $43K | – | – | – |
|
|
BCM
28
Basso Capital Management
Stamford,
Connecticut
| $40K | -$36.7K | -30,000 | -49% |
|
|
ES
29
Equitec Specialists
Chicago,
Illinois
| $32K | – | – | – |
|
|
RCM
30
Rivernorth Capital Management
West Palm Beach,
Florida
| $21K | – | – | – |
|
|
TCM
31
Tenor Capital Management
New York
| $21K | – | – | – |
|
|
HIM
32
HGC Investment Management
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
MCM
33
Moore Capital Management
New York
| – | -$200K | -166,666 | Closed |
|
|
CAC
34
Cowen and Company
New York
| – | -$125K | -104,030 | Closed |
|
|
35
UBS Group
Zurich,
Switzerland
| – | -$2K | -1,600 | Closed |
|
FPAC.WS Hedge Fund Activity: Q4 2019 in Review
33 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1 (FPAC.WS) for Q4 2019, worth a combined $16.7M — up 56% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FPAC.WS positions and 3 closed out — a net gain of 5 holders — while 7 added to existing stakes and 2 trimmed.
The largest buyer was K2 Principal Fund, opening a new position worth an estimated $502K. The largest seller was Suvretta Capital Management, cutting an estimated $317K.
- 33 institutional investors held Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1 (FPAC.WS) as of Q4 2019, up from 28 in Q3 2019.
- Funds reported $16.7M of Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1 stock for Q4 2019, up 56% quarter-over-quarter.
- 8 funds opened new Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1 positions in Q4 2019 and 3 closed out, a net change of +5 holders.
- The largest Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1 buyer in Q4 2019 was K2 Principal Fund, an estimated $502K added.
- The largest Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1 seller in Q4 2019 was Suvretta Capital Management, an estimated $317K sold.
Based on aggregated 13F filings for Q4 2019.