FAST Acquisition Corp.
FST
FST was delisted on the 25th of August, 2022.
41 hedge funds and large institutions have $156M invested in FAST Acquisition Corp. in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 10 closing their positions.
34% more call options, than puts
Call options by funds: $1.88M | Put options by funds: $1.4M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $168M → $156M (-$12.1M)
15% less funds holding
Funds holding: 48 → 41 (-7)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.87M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$2.1M |
| 3 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$805K |
| 4 |
CC
Clearline Capital
New York
|
+$668K |
| 5 |
KA
Kercheville Advisors
San Antonio,
Texas
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAM
Honeycomb Asset Management
New York
|
-$9.46M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$9.45M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.71M |
| 4 |
1C
1060 Capital
Denver,
Colorado
|
-$3.45M |
| 5 |
GCM
Glenview Capital Management
New York
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Rockefeller Capital Management
New York
| – | -$1K | -97 | Closed |
|
FST Hedge Fund Activity: Q3 2021 in Review
41 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in FAST Acquisition Corp. (FST) for Q3 2021, worth a combined $156M — down 7.2% from $168M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FST and 4 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 13 added.
The largest buyer was Millennium Management, adding an estimated $2.87M. The largest seller was Honeycomb Asset Management, exiting entirely with an estimated $9.46M sold.
- 41 institutional investors held FAST Acquisition Corp. (FST) as of Q3 2021, down from 48 in Q2 2021.
- Funds reported $156M of FAST Acquisition Corp. stock for Q3 2021, down 7.2% quarter-over-quarter.
- 4 funds opened new FAST Acquisition Corp. positions in Q3 2021 and 10 closed out, a net change of -6 holders.
- The largest FAST Acquisition Corp. buyer in Q3 2021 was Millennium Management, an estimated $2.87M added.
- The largest FAST Acquisition Corp. seller in Q3 2021 was Honeycomb Asset Management, an estimated $9.46M sold.
Based on aggregated 13F filings for Q3 2021.