Federal Street Acquisition Corp. Common Stock
FSAC
FSAC was delisted on the 4th of January, 2019.
25 hedge funds and large institutions have $251M invested in Federal Street Acquisition Corp. Common Stock in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
92% more capital invested
Capital invested by funds: $131M → $251M (+$121M)
56% more funds holding
Funds holding: 16 → 25 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$29.9M |
| 2 |
GL
Governors Lane
New York
|
+$24.3M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$19.5M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$19M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$24.4M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$973K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| – | +$29 | +3 | New |
|
FSAC Hedge Fund Activity: Q4 2017 in Review
25 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Common Stock (FSAC) for Q4 2017, worth a combined $251M — up 92% from $131M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FSAC positions and 1 closed out — a net gain of 10 holders — while 9 added to existing stakes and 1 trimmed.
The largest buyer was Alyeska Investment Group, adding an estimated $29.9M. The largest seller was Assured Investment Management, exiting entirely with an estimated $24.4M sold.
- 25 institutional investors held Federal Street Acquisition Corp. Common Stock (FSAC) as of Q4 2017, up from 16 in Q3 2017.
- Funds reported $251M of Federal Street Acquisition Corp. Common Stock stock for Q4 2017, up 92% quarter-over-quarter.
- 11 funds opened new Federal Street Acquisition Corp. Common Stock positions in Q4 2017 and 1 closed out, a net change of +10 holders.
- The largest Federal Street Acquisition Corp. Common Stock buyer in Q4 2017 was Alyeska Investment Group, an estimated $29.9M added.
- The largest Federal Street Acquisition Corp. Common Stock seller in Q4 2017 was Assured Investment Management, an estimated $24.4M sold.
Based on aggregated 13F filings for Q4 2017.