First Reserve Sustainable Growth Corp. Unit
FRSGU
FRSGU was delisted on the 7th of March, 2023.
23 hedge funds and large institutions have $16M invested in First Reserve Sustainable Growth Corp. Unit in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 30 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
54% less funds holding
Funds holding: 50 → 23 (-27)
78% less capital invested
Capital invested by funds: $71.9M → $16M (-$55.9M)
83% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$489K |
| 2 |
PCM
Prelude Capital Management
New York
|
+$250K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$217K |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$128K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$9.99M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$8.11M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.26M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$3.5M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$3.16M |
FRSGU Hedge Fund Activity: Q3 2021 in Review
23 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in First Reserve Sustainable Growth Corp. Unit (FRSGU) for Q3 2021, worth a combined $16M — down 78% from $71.9M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FRSGU and 5 opened new positions — a net loss of 25 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $489K. The largest seller was Security Benefit Life Insurance Company, exiting entirely with an estimated $9.99M sold.
- 23 institutional investors held First Reserve Sustainable Growth Corp. Unit (FRSGU) as of Q3 2021, down from 50 in Q2 2021.
- Funds reported $16M of First Reserve Sustainable Growth Corp. Unit stock for Q3 2021, down 78% quarter-over-quarter.
- 5 funds opened new First Reserve Sustainable Growth Corp. Unit positions in Q3 2021 and 30 closed out, a net change of -25 holders.
- The largest First Reserve Sustainable Growth Corp. Unit buyer in Q3 2021 was Cowen and Company, an estimated $489K added.
- The largest First Reserve Sustainable Growth Corp. Unit seller in Q3 2021 was Security Benefit Life Insurance Company, an estimated $9.99M sold.
Based on aggregated 13F filings for Q3 2021.