Federal Street Acquisition Corp. Unit
FSACU
FSACU was delisted on the 31st of December, 2018.
26 hedge funds and large institutions have $151M invested in Federal Street Acquisition Corp. Unit in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 3 closing their positions.
4% less funds holding
Funds holding: 27 → 26 (-1)
13% less capital invested
Capital invested by funds: $175M → $151M (-$23.6M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
+$211K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$17.9K |
| 3 |
Morgan Stanley
New York
|
+$14.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$10.3M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$4.29M |
| 3 |
BlackRock
New York
|
-$3.64M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.07M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$1.34M |
FSACU Hedge Fund Activity: Q1 2018 in Review
26 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Unit (FSACU) for Q1 2018, worth a combined $151M — down 13% from $175M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FSACU and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 1 added.
The largest buyer was Kepos Capital, opening a new position worth an estimated $211K. The largest seller was HBK Investments, exiting entirely with an estimated $10.3M sold.
- 26 institutional investors held Federal Street Acquisition Corp. Unit (FSACU) as of Q1 2018, down from 27 in Q4 2017.
- Funds reported $151M of Federal Street Acquisition Corp. Unit stock for Q1 2018, down 13% quarter-over-quarter.
- 2 funds opened new Federal Street Acquisition Corp. Unit positions in Q1 2018 and 3 closed out, a net change of -1 holder.
- The largest Federal Street Acquisition Corp. Unit buyer in Q1 2018 was Kepos Capital, an estimated $211K added.
- The largest Federal Street Acquisition Corp. Unit seller in Q1 2018 was HBK Investments, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2018.