Fusion Acquisition Corp. II
FSNB
FSNB was delisted on the 11th of October, 2023.
21 hedge funds and large institutions have $47.4M invested in Fusion Acquisition Corp. II in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 83 closing their positions.
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
79% less funds holding
Funds holding: 101 → 21 (-80)
90% less capital invested
Capital invested by funds: $477M → $47.4M (-$429M)
96% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 83
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$6.97M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$4.02M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.67M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$3.05M |
| 5 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$760K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$34.8M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$31.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$31.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$24.3M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$19.6M |
FSNB Hedge Fund Activity: Q1 2023 in Review
21 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Fusion Acquisition Corp. II (FSNB) for Q1 2023, worth a combined $47.4M — down 90% from $477M a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of FSNB and 3 opened new positions — a net loss of 80 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Meteora Capital, adding an estimated $6.97M. The largest seller was Saba Capital Management, exiting entirely with an estimated $34.8M sold.
- 21 institutional investors held Fusion Acquisition Corp. II (FSNB) as of Q1 2023, down from 101 in Q4 2022.
- Funds reported $47.4M of Fusion Acquisition Corp. II stock for Q1 2023, down 90% quarter-over-quarter.
- 3 funds opened new Fusion Acquisition Corp. II positions in Q1 2023 and 83 closed out, a net change of -80 holders.
- The largest Fusion Acquisition Corp. II buyer in Q1 2023 was Meteora Capital, an estimated $6.97M added.
- The largest Fusion Acquisition Corp. II seller in Q1 2023 was Saba Capital Management, an estimated $34.8M sold.
Based on aggregated 13F filings for Q1 2023.