FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
FST.U
FST.U was delisted on the 25th of August, 2022.
7 hedge funds and large institutions have $7.35M invested in FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 18 closing their positions.
70% less funds holding
Funds holding: 23 → 7 (-16)
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 18
90% less capital invested
Capital invested by funds: $71.5M → $7.35M (-$64.1M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$560K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$17.9M |
| 2 |
KC
Kepos Capital
New York
|
-$9.25M |
| 3 |
Millennium Management
New York
|
-$8.64M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$5.78M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.95M |
FST.U Hedge Fund Activity: Q1 2021 in Review
7 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (FST.U) for Q1 2021, worth a combined $7.35M — down 90% from $71.5M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FST.U and 2 opened new positions — a net loss of 16 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $560K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $17.9M sold.
- 7 institutional investors held FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (FST.U) as of Q1 2021, down from 23 in Q4 2020.
- Funds reported $7.35M of FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2021, down 90% quarter-over-quarter.
- 2 funds opened new FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q1 2021 and 18 closed out, a net change of -16 holders.
- The largest FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q1 2021 was Flow Traders U.S., an estimated $560K added.
- The largest FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q1 2021 was Glazer Capital LLC, an estimated $17.9M sold.
Based on aggregated 13F filings for Q1 2021.