Federal Street Acquisition Corp. Common Stock
FSAC
FSAC was delisted on the 4th of January, 2019.
31 hedge funds and large institutions have $300M invested in Federal Street Acquisition Corp. Common Stock in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 0 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
11% more funds holding
Funds holding: 28 → 31 (+3)
10% more capital invested
Capital invested by funds: $273M → $300M (+$27M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$19.6M |
| 2 |
Millennium Management
New York
|
+$6.86M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.84M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$1.27M |
| 5 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$881K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.92M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.84M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$999K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$122K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
26
Deltec Asset Management
New York
| $977K | – | – | – |
|
|
PGC
27
Pacific Grove Capital
San Francisco,
California
| $882K | +$881K | +90,000 | New |
|
|
KPF
28
K2 Principal Fund
Toronto,
Ontario, Canada
| $633K | – | – | – |
|
|
BCM
29
Bluefin Capital Management
New York
| $225K | – | – | – |
|
|
JGC
30
J. Goldman & Co
New York
| $36K | – | – | – |
|
31
Morgan Stanley
New York
| $10K | +$1.13K | +115 | +13% |
|
FSAC Hedge Fund Activity: Q2 2018 in Review
31 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Common Stock (FSAC) for Q2 2018, worth a combined $300M — up 9.9% from $273M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FSAC positions and 0 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Arrowgrass Capital Partners (US), opening a new position worth an estimated $19.6M. The largest seller was HGC Investment Management, cutting an estimated $2.92M.
- 31 institutional investors held Federal Street Acquisition Corp. Common Stock (FSAC) as of Q2 2018, up from 28 in Q1 2018.
- Funds reported $300M of Federal Street Acquisition Corp. Common Stock stock for Q2 2018, up 9.9% quarter-over-quarter.
- 3 funds opened new Federal Street Acquisition Corp. Common Stock positions in Q2 2018 and 0 closed out, a net change of +3 holders.
- The largest Federal Street Acquisition Corp. Common Stock buyer in Q2 2018 was Arrowgrass Capital Partners (US), an estimated $19.6M added.
- The largest Federal Street Acquisition Corp. Common Stock seller in Q2 2018 was HGC Investment Management, an estimated $2.92M sold.
Based on aggregated 13F filings for Q2 2018.