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.
41 hedge funds and large institutions have $69.5M 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 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 15 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less funds holding
Funds holding: 52 → 41 (-11)
42% less capital invested
Capital invested by funds: $119M → $69.5M (-$49.8M)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
+$424K |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$213K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$212K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$69.4K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$27.1M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$4.24M |
| 3 |
HP
Hound Partners
New York
|
-$3.87M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$3.24M |
| 5 |
KC
Kryger Capital
London,
United Kingdom
|
-$2.99M |
FSNB.U Hedge Fund Activity: Q1 2022 in Review
41 of the 6,360 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 Q1 2022, worth a combined $69.5M — down 42% from $119M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FSNB.U and 4 opened new positions — a net loss of 11 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was TIG Advisors LLC, adding an estimated $424K. The largest seller was Aristeia Capital, exiting entirely with an estimated $27.1M sold.
- 41 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 Q1 2022, down from 52 in Q4 2021.
- Funds reported $69.5M 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 Q1 2022, down 42% quarter-over-quarter.
- 4 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 Q1 2022 and 15 closed out, a net change of -11 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 Q1 2022 was TIG Advisors LLC, an estimated $424K 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 Q1 2022 was Aristeia Capital, an estimated $27.1M sold.
Based on aggregated 13F filings for Q1 2022.