Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
FSNB.U
FSNB.U was delisted on the 15th of September, 2023.
71 hedge funds and large institutions have $172M invested in Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 59 closing their positions.
41% less funds holding
Funds holding: 121 → 71 (-50)
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
62% less capital invested
Capital invested by funds: $455M → $172M (-$284M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
83% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$4.99M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.49M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$2.09M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.99M |
| 5 |
CIM
Cowen Investment Management
New York
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$33.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$16.9M |
| 3 |
LA
Linden Advisors
New York
|
-$14.9M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$12.5M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$11.6M |
FSNB.U Hedge Fund Activity: Q2 2021 in Review
71 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (FSNB.U) for Q2 2021, worth a combined $172M — down 62% from $455M a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of FSNB.U and 10 opened new positions — a net loss of 49 holders — while 19 trimmed existing stakes and 11 added.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $4.99M. The largest seller was Glazer Capital LLC, cutting an estimated $33.7M.
- 71 institutional investors held Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (FSNB.U) as of Q2 2021, down from 121 in Q1 2021.
- Funds reported $172M of Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q2 2021, down 62% quarter-over-quarter.
- 10 funds opened new Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q2 2021 and 59 closed out, a net change of -49 holders.
- The largest Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q2 2021 was D.E. Shaw & Co, an estimated $4.99M added.
- The largest Fusion Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q2 2021 was Glazer Capital LLC, an estimated $33.7M sold.
Based on aggregated 13F filings for Q2 2021.