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.
5 hedge funds and large institutions have $1.47M 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 Q2 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
25% more funds holding
Funds holding: 4 → 5 (+1)
10% more capital invested
Capital invested by funds: $1.34M → $1.47M (+$135K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$3.45M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$449K |
| 2 |
CS
Clear Street
New York
|
-$50.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$20 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LIM
1
Longfellow Investment Management
Boston,
Massachusetts
| $845K | -$449K | -43,557 | -35% |
|
|
SFM
2
Spartan Fund Management
Toronto, Ontario,
Canada
| $612K | +$3.45M | +334,535 | New |
|
|
CS
3
Clear Street
New York
| $16.1K | -$50.9K | -4,938 | -76% |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $1.04K | +$1.03K | +100 | New |
|
|
DCM
5
Dupont Capital Management
Wilmington,
Delaware
| $42 | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$20 | -2 | Closed |
|
FSNB.U Hedge Fund Activity: Q2 2023 in Review
5 of the 6,369 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 2023, worth a combined $1.47M — up 10% from $1.34M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FSNB.U positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $3.45M. The largest seller was Longfellow Investment Management, cutting an estimated $449K.
- 5 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 2023, up from 4 in Q1 2023.
- Funds reported $1.47M 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 2023, up 10% quarter-over-quarter.
- 2 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 2023 and 1 closed out, a net change of +1 holder.
- 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 2023 was Spartan Fund Management, an estimated $3.45M 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 2023 was Longfellow Investment Management, an estimated $449K sold.
Based on aggregated 13F filings for Q2 2023.