Federal Street Acquisition Corp. Common Stock
FSAC
FSAC was delisted on the 4th of January, 2019.
38 hedge funds and large institutions have $347M invested in Federal Street Acquisition Corp. Common Stock in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
23% more funds holding
Funds holding: 31 → 38 (+7)
16% more capital invested
Capital invested by funds: $300M → $347M (+$46.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$22.6M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$21.1M |
| 3 |
KC
Kepos Capital
New York
|
+$10.2M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$10M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$6.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$11.5M |
| 2 |
MCM
Moore Capital Management
New York
|
-$5.02M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.01M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$4.53M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$4.44M |
FSAC Hedge Fund Activity: Q3 2018 in Review
38 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Common Stock (FSAC) for Q3 2018, worth a combined $347M — up 16% from $300M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FSAC positions and 6 closed out — a net gain of 7 holders — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $22.6M. The largest seller was Polar Asset Management Partners, cutting an estimated $11.5M.
- 38 institutional investors held Federal Street Acquisition Corp. Common Stock (FSAC) as of Q3 2018, up from 31 in Q2 2018.
- Funds reported $347M of Federal Street Acquisition Corp. Common Stock stock for Q3 2018, up 16% quarter-over-quarter.
- 13 funds opened new Federal Street Acquisition Corp. Common Stock positions in Q3 2018 and 6 closed out, a net change of +7 holders.
- The largest Federal Street Acquisition Corp. Common Stock buyer in Q3 2018 was Davidson Kempner Capital Management, an estimated $22.6M added.
- The largest Federal Street Acquisition Corp. Common Stock seller in Q3 2018 was Polar Asset Management Partners, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2018.