Federal Street Acquisition Corp. Unit
FSACU
FSACU was delisted on the 31st of December, 2018.
27 hedge funds and large institutions have $175M invested in Federal Street Acquisition Corp. Unit in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 11 reducing their positions, and 8 closing their positions.
18% less funds holding
Funds holding: 33 → 27 (-6)
42% less capital invested
Capital invested by funds: $299M → $175M (-$125M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
91% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$3.49M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$617K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$575K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$30.9M |
| 2 |
GL
Governors Lane
New York
|
-$25.8M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$20.5M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$11.3M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$10.4M |
FSACU Hedge Fund Activity: Q4 2017 in Review
27 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Unit (FSACU) for Q4 2017, worth a combined $175M — down 42% from $299M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FSACU and 2 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 1 added.
The largest buyer was J. Goldman & Co, opening a new position worth an estimated $3.49M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $30.9M sold.
- 27 institutional investors held Federal Street Acquisition Corp. Unit (FSACU) as of Q4 2017, down from 33 in Q3 2017.
- Funds reported $175M of Federal Street Acquisition Corp. Unit stock for Q4 2017, down 42% quarter-over-quarter.
- 2 funds opened new Federal Street Acquisition Corp. Unit positions in Q4 2017 and 8 closed out, a net change of -6 holders.
- The largest Federal Street Acquisition Corp. Unit buyer in Q4 2017 was J. Goldman & Co, an estimated $3.49M added.
- The largest Federal Street Acquisition Corp. Unit seller in Q4 2017 was Alyeska Investment Group, an estimated $30.9M sold.
Based on aggregated 13F filings for Q4 2017.