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.
4 hedge funds and large institutions have $1.34M 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 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 22 closing their positions.
84% less funds holding
Funds holding: 25 → 4 (-21)
93% less capital invested
Capital invested by funds: $19.2M → $1.34M (-$17.9M)
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 22
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$65.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.1M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$2.51M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.29M |
| 4 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$2.09M |
| 5 |
CIM
Cowen Investment Management
New York
|
-$1.5M |
FSNB.U Hedge Fund Activity: Q1 2023 in Review
4 of the 6,283 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 2023, worth a combined $1.34M — down 93% from $19.2M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FSNB.U and 1 opened new positions — a net loss of 21 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $65.8K. The largest seller was Jane Street, exiting entirely with an estimated $3.1M sold.
- 4 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 2023, down from 25 in Q4 2022.
- Funds reported $1.34M 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 2023, down 93% quarter-over-quarter.
- 1 fund 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 2023 and 22 closed out, a net change of -21 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 2023 was Clear Street, an estimated $65.8K 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 2023 was Jane Street, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2023.