Federal Street Acquisition Corp. Common Stock
FSAC
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.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
2% more capital invested
Capital invested by funds: $347M → $355M (+$7.85M)
8% less funds holding
Funds holding: 38 → 35 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$45.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.3M |
| 3 |
D.E. Shaw & Co
New York
|
+$20M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$12.6M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$21.2M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$20.2M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$20.2M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$10.1M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$10M |
FSAC Hedge Fund Activity: Q4 2018 in Review
35 of the 4,505 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.