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FTAAU

FTAC Athena Acquisition Corp. Unit

Delisted

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

57 hedge funds and large institutions have $109M invested in FTAC Athena Acquisition Corp. Unit in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% less funds holding

Funds holding: 10457 (-47)

52% less capital invested

Capital invested by funds: $227M → $109M (-$118M)

60% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 15

92% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 51

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
57
Holders Change
-47
Holders Change %
-45.19%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
4
Increased
6
Reduced
15
Closed
51
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UOC
76
UBS O'Connor
Illinois
-$2.01M -200,000 Closed
WAM
77
Weiss Asset Management
Massachusetts
-$1.55M -154,094 Closed
MAM
78
Melqart Asset Management
United Kingdom
-$1.4M -140,200 Closed
USPCM
79
Union Square Park Capital Management
New York
-$1.06M -106,519 Closed
Toronto Dominion Bank
80
Toronto Dominion Bank
Ontario, Canada
-$1M -100,000 Closed
BCM
81
Basswood Capital Management
New York
-$821K -82,126 Closed
SCM
82
Saba Capital Management
New York
-$748K -74,382 Closed
WRBC
83
W.R. Berkley Corp
Connecticut
-$737K -73,688 Closed
AC
84
Athos Capital
Hong Kong
-$541K -53,800 Closed
AA
85
AQR Arbitrage
Connecticut
-$503K -50,000 Closed
CP
86
Covalent Partners
Massachusetts
-$500K -50,000 Closed
GIP
87
General Industrial Partners
United Kingdom
-$335K -33,523 Closed
AC
88
Athanor Capital
New York
-$289K -28,718 Closed
TCM
89
Tenor Capital Management
New York
-$287K -28,691 Closed
BGIM
90
Boussard & Gavaudan Investment Management
United Kingdom
-$250K -25,000 Closed
HP
91
Hartree Partners
New York
-$250K -25,000 Closed
KIM
92
Karpus Investment Management
New York
-$250K -25,000 Closed
Marshall Wace
93
Marshall Wace
United Kingdom
-$251K -25,000 Closed
OAC
94
OMERS Administration Corp
Ontario, Canada
-$251K -25,000 Closed
WA
95
Whitebox Advisors
Minnesota
-$231K -23,000 Closed
PP
96
Paloma Partners
Connecticut
-$216K -21,512 Closed
Tudor Investment Corp
97
Tudor Investment Corp
Connecticut
-$197K -19,740 Closed
VF
98
Virtu Financial
New York
-$174K -17,331 Closed
BTP
99
Bloom Tree Partners
New York
-$100K -10,000 Closed
Capstone Investment Advisors
100
Capstone Investment Advisors
New York
-$100K -10,000 Closed

FTAAU Hedge Fund Activity: Q2 2021 in Review

57 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in FTAC Athena Acquisition Corp. Unit (FTAAU) for Q2 2021, worth a combined $109M — down 52% from $227M a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of FTAAU and 4 opened new positions — a net loss of 47 holders — while 15 trimmed existing stakes and 6 added.

The largest buyer was Picton Mahoney Asset Management, opening a new position worth an estimated $2.02M. The largest seller was SB Management, exiting entirely with an estimated $20.1M sold.

  • 57 institutional investors held FTAC Athena Acquisition Corp. Unit (FTAAU) as of Q2 2021, down from 104 in Q1 2021.
  • Funds reported $109M of FTAC Athena Acquisition Corp. Unit stock for Q2 2021, down 52% quarter-over-quarter.
  • 4 funds opened new FTAC Athena Acquisition Corp. Unit positions in Q2 2021 and 51 closed out, a net change of -47 holders.
  • The largest FTAC Athena Acquisition Corp. Unit buyer in Q2 2021 was Picton Mahoney Asset Management, an estimated $2.02M added.
  • The largest FTAC Athena Acquisition Corp. Unit seller in Q2 2021 was SB Management, an estimated $20.1M sold.

Based on aggregated 13F filings for Q2 2021.