FTAC Athena Acquisition Corp. Unit
FTAAU
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.
45% less funds holding
Funds holding: 104 → 57 (-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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$2.02M |
| 2 |
DCP
Diameter Capital Partners
New York
|
+$945K |
| 3 |
KC
Kepos Capital
New York
|
+$401K |
| 4 |
CC
Centiva Capital
New York
|
+$303K |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SB Management
Abu Dhabi,
United Arab Emirates
|
-$20.1M |
| 2 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$8.61M |
| 3 |
LA
Linden Advisors
New York
|
-$6M |
| 4 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$5.5M |
| 5 |
CCP
Corbin Capital Partners
New York
|
-$5.01M |
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.