Federal Street Acquisition Corp. Common Stock
FSAC
FSAC was delisted on the 4th of January, 2019.
28 hedge funds and large institutions have $273M invested in Federal Street Acquisition Corp. Common Stock in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
12% more funds holding
Funds holding: 25 → 28 (+3)
9% more capital invested
Capital invested by funds: $251M → $273M (+$22M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$12.7M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$9.71M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$4.79M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.51M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$6.31M |
| 2 |
CI
Cowen Inc
New York
|
-$4.05M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.91M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.84M |
| 5 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$777K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Millennium Management
New York
| $147K | +$146K | +15,023 | New |
|
|
JGC
27
J. Goldman & Co
New York
| $36K | +$35.7K | +3,682 | New |
|
28
Morgan Stanley
New York
| $9K | +$8.72K | +899 | +29,967% |
|
|
AA
29
AQR Arbitrage
Greenwich,
Connecticut
| – | -$6.31M | -650,000 | Closed |
|
|
CI
30
Cowen Inc
New York
| – | -$4.05M | -416,951 | Closed |
|
|
PGC
31
Pacific Grove Capital
San Francisco,
California
| – | -$777K | -80,000 | Closed |
|
FSAC Hedge Fund Activity: Q1 2018 in Review
28 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Common Stock (FSAC) for Q1 2018, worth a combined $273M — up 8.8% from $251M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FSAC positions and 3 closed out — a net gain of 3 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $12.7M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $6.31M sold.
- 28 institutional investors held Federal Street Acquisition Corp. Common Stock (FSAC) as of Q1 2018, up from 25 in Q4 2017.
- Funds reported $273M of Federal Street Acquisition Corp. Common Stock stock for Q1 2018, up 8.8% quarter-over-quarter.
- 6 funds opened new Federal Street Acquisition Corp. Common Stock positions in Q1 2018 and 3 closed out, a net change of +3 holders.
- The largest Federal Street Acquisition Corp. Common Stock buyer in Q1 2018 was Glazer Capital LLC, an estimated $12.7M added.
- The largest Federal Street Acquisition Corp. Common Stock seller in Q1 2018 was AQR Arbitrage, an estimated $6.31M sold.
Based on aggregated 13F filings for Q1 2018.