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FSAC

Federal Street Acquisition Corp. Common Stock
FSAC

Delisted

FSAC was delisted on the 4th of January, 2019.

35 hedge funds and large institutions have $355M invested in Federal Street Acquisition Corp. Common Stock in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

2% more capital invested

Capital invested by funds: $347M → $355M (+$7.85M)

8% less funds holding

Funds holding: 3835 (-3)

21% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 14

55% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 11

Holders
35
Holders Change
-3
Holders Change %
-7.89%
% of All Funds
0.78%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.11%
New
11
Increased
5
Reduced
11
Closed
14
Calls
$15.3M
Puts
Net Calls
+$15.3M
Net Calls Change
+$180K
Name Holding Trade Value Shares
Change
Change in
Stake
DAM
26
Deltec Asset Management
New York
$1.02M
KC
27
Kepos Capital
New York
$734K -$9.52M -948,246 -93%
LCS
28
Levin Capital Strategies
New York
$618K -$244K -24,300 -29%
HIM
29
HGC Investment Management
Ontario, Canada
$401K -$529K -52,673 -57%
BCM
30
Basso Capital Management
Connecticut
$319K -$4.87M -485,153 -94%
Stifel Financial
31
Stifel Financial
Missouri
$256K +$251K +25,000 New
Goldman Sachs
32
Goldman Sachs
New York
$218K +$215K +21,358 New
UBS Group
33
UBS Group
Switzerland
$14K +$9.53K +949 +211%
BCM
34
BlueCrest Capital Management
Jersey
-$21.2M -2,100,000 Closed
ACPU
35
Arrowgrass Capital Partners (US)
Delaware
-$20.2M -2,000,000 Closed
HCM
36
Highbridge Capital Management
New York
-$20.2M -2,000,000 Closed
HI
37
HBK Investments
Texas
-$10.1M -1,000,000 Closed
PAMP
38
Polar Asset Management Partners
Ontario, Canada
-$8.68M -859,000 Closed
BCM
39
Bluefin Capital Management
New York
-$6.78M -673,054 Closed
Millennium Management
40
Millennium Management
New York
-$6.07M -602,510 Closed
Deutsche Bank
41
Deutsche Bank
Germany
-$6.08M -601,773 Closed
FBCM
42
Fort Baker Capital Management
California
-$2.83M -279,782 Closed
Citigroup
43
Citigroup
New York
-$2.64M -262,200 Closed
WAM
44
Wolverine Asset Management
Illinois
-$2.6M -257,400 Closed
FIA
45
FNY Investment Advisers
New York
-$1.87M -185,700 Closed
CI
46
Cowen Inc
New York
-$743K -73,439 Closed
Walleye Trading
47
Walleye Trading
New York
-$505K -49,993 Closed
Morgan Stanley
48
Morgan Stanley
New York
-$12K -1,196 -100%
TRCT
49
Tower Research Capital (TRC)
New York
+$321 +32 New

FSAC Hedge Fund Activity: Q4 2018 in Review

35 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Common Stock (FSAC) for Q4 2018, worth a combined $355M — up 2.3% from $347M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FSAC and 11 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 5 added.

The largest buyer was Oxford Asset Management, opening a new position worth an estimated $45.5M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $21.2M sold.

  • 35 institutional investors held Federal Street Acquisition Corp. Common Stock (FSAC) as of Q4 2018, down from 38 in Q3 2018.
  • Funds reported $355M of Federal Street Acquisition Corp. Common Stock stock for Q4 2018, up 2.3% quarter-over-quarter.
  • 11 funds opened new Federal Street Acquisition Corp. Common Stock positions in Q4 2018 and 14 closed out, a net change of -3 holders.
  • The largest Federal Street Acquisition Corp. Common Stock buyer in Q4 2018 was Oxford Asset Management, an estimated $45.5M added.
  • The largest Federal Street Acquisition Corp. Common Stock seller in Q4 2018 was BlueCrest Capital Management, an estimated $21.2M sold.

Based on aggregated 13F filings for Q4 2018.