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FTAA

FTAC Athena Acquisition Corp. Class A Ordinary Share

Delisted

FTAA was delisted on the 23rd of February, 2023.

75 hedge funds and large institutions have $226M invested in FTAC Athena Acquisition Corp. Class A Ordinary Share in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 6

2% more capital invested

Capital invested by funds: $220M → $226M (+$5.25M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less funds holding

Funds holding: 8275 (-7)

58% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 12

Holders
75
Holders Change
-7
Holders Change %
-8.54%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
14
Reduced
6
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MI
1
MMCAP International
Cayman Islands
$18.9M
GCL
2
Glazer Capital LLC
New York
$18.4M +$10.9M +1,100,934 +146%
AC
3
Aristeia Capital
Connecticut
$11.4M
Hudson Bay Capital Management
4
Hudson Bay Capital Management
Connecticut
$11.3M
Marshall Wace
5
Marshall Wace
United Kingdom
$11.2M
Millennium Management
6
Millennium Management
New York
$9.95M +$4.45M +450,541 +82%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$7.9M +$4.32M +437,576 +122%
RCM
8
Radcliffe Capital Management
Pennsylvania
$7.15M +$196K +19,900 +3%
FTCM
9
First Trust Capital Management
Illinois
$6.86M +$370K +37,500 +6%
WCMNY
10
Westchester Capital Management (New York)
New York
$6.16M
HSBC Holdings
11
HSBC Holdings
United Kingdom
$5.95M
LA
12
Linden Advisors
New York
$5.95M
Nomura Holdings
13
Nomura Holdings
Japan
$5.18M
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$5.13M +$5.1M +517,126 New
CCP
15
Corbin Capital Partners
New York
$4.98M
ACM
16
Atalaya Capital Management
New York
$4.95M
SC
17
Sculptor Capital
New York
$4.72M +$508K +51,459 +12%
WP
18
Woodline Partners
California
$4.47M +$494K +50,000 +13%
UOC
19
UBS O'Connor
Illinois
$4.33M -$432K -43,783 -9%
PSAMP
20
P. Schoenfeld Asset Management (PSAM)
New York
$4.08M
DKCM
21
Davidson Kempner Capital Management
New York
$3.97M
PC
22
Periscope Capital
Ontario, Canada
$3.75M -$987K -100,000 -21%
PAMP
23
Polar Asset Management Partners
Ontario, Canada
$3.68M
TCM
24
Tenor Capital Management
New York
$3.52M
TAL
25
TIG Advisors LLC
New York
$3.48M

FTAA Hedge Fund Activity: Q3 2022 in Review

75 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in FTAC Athena Acquisition Corp. Class A Ordinary Share (FTAA) for Q3 2022, worth a combined $226M — up 2.4% from $220M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FTAA and 5 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 14 added.

The largest buyer was Glazer Capital LLC, adding an estimated $10.9M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $9.97M sold.

  • 75 institutional investors held FTAC Athena Acquisition Corp. Class A Ordinary Share (FTAA) as of Q3 2022, down from 82 in Q2 2022.
  • Funds reported $226M of FTAC Athena Acquisition Corp. Class A Ordinary Share stock for Q3 2022, up 2.4% quarter-over-quarter.
  • 5 funds opened new FTAC Athena Acquisition Corp. Class A Ordinary Share positions in Q3 2022 and 12 closed out, a net change of -7 holders.
  • The largest FTAC Athena Acquisition Corp. Class A Ordinary Share buyer in Q3 2022 was Glazer Capital LLC, an estimated $10.9M added.
  • The largest FTAC Athena Acquisition Corp. Class A Ordinary Share seller in Q3 2022 was Highbridge Capital Management, an estimated $9.97M sold.

Based on aggregated 13F filings for Q3 2022.