FTAC Athena Acquisition Corp. Unit
FTAAU
FTAAU was delisted on the 23rd of February, 2023.
17 hedge funds and large institutions have $27M invested in FTAC Athena Acquisition Corp. Unit in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 43 closing their positions.
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
70% less funds holding
Funds holding: 57 → 17 (-40)
75% less capital invested
Capital invested by funds: $109M → $27M (-$82.1M)
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$598K |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$193K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$10.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$11.2M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$10.5M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$10.2M |
| 4 |
KC
Kepos Capital
New York
|
-$5.36M |
| 5 |
Millennium Management
New York
|
-$5.33M |
FTAAU Hedge Fund Activity: Q3 2021 in Review
17 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in FTAC Athena Acquisition Corp. Unit (FTAAU) for Q3 2021, worth a combined $27M — down 75% from $109M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of FTAAU and 3 opened new positions — a net loss of 40 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $598K. The largest seller was Aristeia Capital, exiting entirely with an estimated $11.2M sold.
- 17 institutional investors held FTAC Athena Acquisition Corp. Unit (FTAAU) as of Q3 2021, down from 57 in Q2 2021.
- Funds reported $27M of FTAC Athena Acquisition Corp. Unit stock for Q3 2021, down 75% quarter-over-quarter.
- 3 funds opened new FTAC Athena Acquisition Corp. Unit positions in Q3 2021 and 43 closed out, a net change of -40 holders.
- The largest FTAC Athena Acquisition Corp. Unit buyer in Q3 2021 was Virtu Financial, an estimated $598K added.
- The largest FTAC Athena Acquisition Corp. Unit seller in Q3 2021 was Aristeia Capital, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2021.