Federal Street Acquisition Corp. Unit
FSACU
FSACU was delisted on the 31st of December, 2018.
24 hedge funds and large institutions have $127M invested in Federal Street Acquisition Corp. Unit in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.
8% less funds holding
Funds holding: 26 → 24 (-2)
16% less capital invested
Capital invested by funds: $151M → $127M (-$24.1M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$954K |
| 2 |
KC
Kepos Capital
New York
|
+$276K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$138K |
| 4 |
Morgan Stanley
New York
|
+$30.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$20.5M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.33M |
| 3 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$1.14M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.03M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$821K |
FSACU Hedge Fund Activity: Q2 2018 in Review
24 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Unit (FSACU) for Q2 2018, worth a combined $127M — down 16% from $151M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FSACU and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $954K. The largest seller was Arrowgrass Capital Partners (US), exiting entirely with an estimated $20.5M sold.
- 24 institutional investors held Federal Street Acquisition Corp. Unit (FSACU) as of Q2 2018, down from 26 in Q1 2018.
- Funds reported $127M of Federal Street Acquisition Corp. Unit stock for Q2 2018, down 16% quarter-over-quarter.
- 1 fund opened new Federal Street Acquisition Corp. Unit positions in Q2 2018 and 3 closed out, a net change of -2 holders.
- The largest Federal Street Acquisition Corp. Unit buyer in Q2 2018 was BlueCrest Capital Management, an estimated $954K added.
- The largest Federal Street Acquisition Corp. Unit seller in Q2 2018 was Arrowgrass Capital Partners (US), an estimated $20.5M sold.
Based on aggregated 13F filings for Q2 2018.