FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt.
FSRVU
FSRVU was delisted on the 9th of June, 2021.
25 hedge funds and large institutions have $57.9M invested in FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 5 closing their positions.
4% less funds holding
Funds holding: 26 → 25 (-1)
18% less capital invested
Capital invested by funds: $70.9M → $57.9M (-$13M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.24M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1,000K |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$309K |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$156K |
| 5 |
DIG
DeepCurrents Investment Group
New York
|
+$79.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.65M |
| 2 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$2.52M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$2.02M |
| 4 |
Walleye Trading
New York
|
-$1.68M |
| 5 |
CAC
Cowen and Company
New York
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
26
Myriad Asset Management
North Point,
Hong Kong
| – | -$2.52M | -250,000 | Closed |
|
|
BCM
27
BlueCrest Capital Management
St Helier,
Jersey
| – | -$2.02M | -200,000 | Closed |
|
|
CAC
28
Cowen and Company
New York
| – | -$1.08M | -107,653 | Closed |
|
|
RCM
29
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$959K | -95,100 | Closed |
|
30
Stifel Financial
St. Louis,
Missouri
| – | -$504K | -50,000 | Closed |
|
FSRVU Hedge Fund Activity: Q2 2020 in Review
25 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. (FSRVU) for Q2 2020, worth a combined $57.9M — down 18% from $70.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FSRVU and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 3 added.
The largest buyer was Periscope Capital, adding an estimated $1.24M. The largest seller was Millennium Management, cutting an estimated $8.65M.
- 25 institutional investors held FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. (FSRVU) as of Q2 2020, down from 26 in Q1 2020.
- Funds reported $57.9M of FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. stock for Q2 2020, down 18% quarter-over-quarter.
- 4 funds opened new FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. positions in Q2 2020 and 5 closed out, a net change of -1 holder.
- The largest FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. buyer in Q2 2020 was Periscope Capital, an estimated $1.24M added.
- The largest FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt. seller in Q2 2020 was Millennium Management, an estimated $8.65M sold.
Based on aggregated 13F filings for Q2 2020.