FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt.
FSRVU
FSRVU was delisted on the 9th of June, 2021.
26 hedge funds and large institutions have $70.9M invested in FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 17 closing their positions.
35% less funds holding
Funds holding: 40 → 26 (-14)
59% less capital invested
Capital invested by funds: $174M → $70.9M (-$104M)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
76% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.71M |
| 2 |
CAC
Cowen and Company
New York
|
+$1.01M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$984K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$20.4K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$14.3M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$12.4M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$10.2M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.17M |
| 5 |
Millennium Management
New York
|
-$7.9M |
FSRVU Hedge Fund Activity: Q1 2020 in Review
26 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. (FSRVU) for Q1 2020, worth a combined $70.9M — down 59% from $174M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FSRVU and 4 opened new positions — a net loss of 13 holders — while 11 trimmed existing stakes and 3 added.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $1.71M. The largest seller was Linden Advisors, exiting entirely with an estimated $14.3M sold.
- 26 institutional investors held FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. (FSRVU) as of Q1 2020, down from 40 in Q4 2019.
- Funds reported $70.9M of FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. stock for Q1 2020, down 59% quarter-over-quarter.
- 4 funds opened new FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. positions in Q1 2020 and 17 closed out, a net change of -13 holders.
- The largest FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. buyer in Q1 2020 was Bulldog Investors, an estimated $1.71M added.
- The largest FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. seller in Q1 2020 was Linden Advisors, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2020.