FinServ Acquisition Corp. II Unit
FSRXU
FSRXU was delisted on the 7th of December, 2023.
24 hedge funds and large institutions have $28.8M invested in FinServ Acquisition Corp. II Unit in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 7 closing their positions.
7% less capital invested
Capital invested by funds: $31.1M → $28.8M (-$2.25M)
14% less funds holding
Funds holding: 28 → 24 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.08M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$508K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$3.78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$3.96M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$1.47M |
| 3 |
VF
Virtu Financial
New York
|
-$228K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$221K |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$196K |
FSRXU Hedge Fund Activity: Q4 2022 in Review
24 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in FinServ Acquisition Corp. II Unit (FSRXU) for Q4 2022, worth a combined $28.8M — down 7.2% from $31.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FSRXU and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.08M. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $3.96M sold.
- 24 institutional investors held FinServ Acquisition Corp. II Unit (FSRXU) as of Q4 2022, down from 28 in Q3 2022.
- Funds reported $28.8M of FinServ Acquisition Corp. II Unit stock for Q4 2022, down 7.2% quarter-over-quarter.
- 3 funds opened new FinServ Acquisition Corp. II Unit positions in Q4 2022 and 7 closed out, a net change of -4 holders.
- The largest FinServ Acquisition Corp. II Unit buyer in Q4 2022 was Rivernorth Capital Management, an estimated $2.08M added.
- The largest FinServ Acquisition Corp. II Unit seller in Q4 2022 was TIG Advisors LLC, an estimated $3.96M sold.
Based on aggregated 13F filings for Q4 2022.