FTAC Athena Acquisition Corp. Class A Ordinary Share
FTAA
FTAA was delisted on the 23rd of February, 2023.
76 hedge funds and large institutions have $206M invested in FTAC Athena Acquisition Corp. Class A Ordinary Share in 2021 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 8 closing their positions.
325% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 8
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
75% more capital invested
Capital invested by funds: $118M → $206M (+$88.8M)
52% more funds holding
Funds holding: 50 → 76 (+26)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$17.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$10.9M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$10.8M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$9.71M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$6.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SB Management
Abu Dhabi,
United Arab Emirates
|
-$19.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.93M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.43M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.78M |
| 5 |
DAM
DLD Asset Management
New York
|
-$710K |
FTAA Hedge Fund Activity: Q3 2021 in Review
76 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in FTAC Athena Acquisition Corp. Class A Ordinary Share (FTAA) for Q3 2021, worth a combined $206M — up 75% from $118M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FTAA positions and 8 closed out — a net gain of 26 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was MMCAP International, adding an estimated $17.9M. The largest seller was SB Management, exiting entirely with an estimated $19.7M sold.
- 76 institutional investors held FTAC Athena Acquisition Corp. Class A Ordinary Share (FTAA) as of Q3 2021, up from 50 in Q2 2021.
- Funds reported $206M of FTAC Athena Acquisition Corp. Class A Ordinary Share stock for Q3 2021, up 75% quarter-over-quarter.
- 34 funds opened new FTAC Athena Acquisition Corp. Class A Ordinary Share positions in Q3 2021 and 8 closed out, a net change of +26 holders.
- The largest FTAC Athena Acquisition Corp. Class A Ordinary Share buyer in Q3 2021 was MMCAP International, an estimated $17.9M added.
- The largest FTAC Athena Acquisition Corp. Class A Ordinary Share seller in Q3 2021 was SB Management, an estimated $19.7M sold.
Based on aggregated 13F filings for Q3 2021.