Federal Street Acquisition Corp. Unit
FSACU
FSACU was delisted on the 31st of December, 2018.
4 hedge funds and large institutions have $4.12M invested in Federal Street Acquisition Corp. Unit in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 10 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
71% less funds holding
Funds holding: 14 → 4 (-10)
94% less capital invested
Capital invested by funds: $72.5M → $4.12M (-$68.4M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$19.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.1M |
| 2 |
D.E. Shaw & Co
New York
|
-$20.1M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$11.6M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$7.28M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
1
Putnam Investments
Boston,
Massachusetts
| $4.1M | -$7.28M | -677,100 | -63% |
|
|
LIM
2
Longfellow Investment Management
Boston,
Massachusetts
| $18K | +$19.3K | +1,796 | +89,800% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $2K | – | – | – |
|
|
4
Wellington Management Group
Boston,
Massachusetts
| – | -$21.1M | -2,084,965 | Closed |
|
|
5
D.E. Shaw & Co
New York
| – | -$20.1M | -1,990,000 | Closed |
|
|
6
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$11.6M | -1,150,000 | Closed |
|
|
PAMP
7
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$5.43M | -500,000 | Closed |
|
|
WAM
8
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.65M | -151,000 | Closed |
|
|
PC
9
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.06M | -100,900 | Closed |
|
|
KC
10
Kepos Capital
New York
| – | -$516K | -47,317 | Closed |
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$107K | -10,567 | Closed |
|
12
Morgan Stanley
New York
| – | -$47.6K | -4,425 | -100% |
|
13
UBS Group
Zurich,
Switzerland
| – | -$14K | -1,399 | Closed |
|
FSACU Hedge Fund Activity: Q4 2018 in Review
4 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Federal Street Acquisition Corp. Unit (FSACU) for Q4 2018, worth a combined $4.12M — down 94% from $72.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FSACU and 0 opened new positions — a net loss of 10 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Longfellow Investment Management, adding an estimated $19.3K. The largest seller was Wellington Management Group, exiting entirely with an estimated $21.1M sold.
- 4 institutional investors held Federal Street Acquisition Corp. Unit (FSACU) as of Q4 2018, down from 14 in Q3 2018.
- Funds reported $4.12M of Federal Street Acquisition Corp. Unit stock for Q4 2018, down 94% quarter-over-quarter.
- 0 funds opened new Federal Street Acquisition Corp. Unit positions in Q4 2018 and 10 closed out, a net change of -10 holders.
- The largest Federal Street Acquisition Corp. Unit buyer in Q4 2018 was Longfellow Investment Management, an estimated $19.3K added.
- The largest Federal Street Acquisition Corp. Unit seller in Q4 2018 was Wellington Management Group, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2018.