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FTACU

FinTech Acquisition Corp. III Unit

Delisted

FTACU was delisted on the 13th of October, 2020.

29 hedge funds and large institutions have $154M invested in FinTech Acquisition Corp. III Unit in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% less funds holding

Funds holding: 4229 (-13)

43% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 7

47% less capital invested

Capital invested by funds: $291M → $154M (-$137M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

75% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 16

Holders
29
Holders Change
-13
Holders Change %
-30.95%
% of All Funds
0.63%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
4
Increased
4
Reduced
7
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GCL
26
Glazer Capital LLC
New York
$579K -$437K -43,204 -43%
UBS Group
27
UBS Group
Switzerland
$24K +$24K +2,369 New
TRCT
28
Tower Research Capital (TRC)
New York
$1K +$20 +2 +3%
CCM
29
Context Capital Management
California
$566 -$248K -24,500 -31%
MF
30
Magnetar Financial
Illinois
-$27.1M -2,700,000 Closed
AA
31
AQR Arbitrage
Connecticut
-$23.1M -2,300,000 Closed
HCM
32
Highbridge Capital Management
New York
-$22.5M -2,250,000 Closed
FIG
33
Fortress Investment Group
New York
-$12.5M -1,250,000 Closed
NCM
34
Nantahala Capital Management
Connecticut
-$8.43M -842,730 Closed
ESCM
35
Echo Street Capital Management
New York
-$7.42M -741,976 Closed
WCMNY
36
Westchester Capital Management (New York)
New York
-$5.68M -568,514 Closed
MIM
37
Monashee Investment Management
Massachusetts
-$5.5M -550,000 Closed
MP
38
Mangrove Partners
Connecticut
-$5M -500,000 Closed
MCM
39
Moore Capital Management
New York
-$5.01M -500,000 Closed
TCM
40
Tenor Capital Management
New York
-$3M -300,000 Closed
SSA
41
Schonfeld Strategic Advisors
New York
-$2.5M -250,000 Closed
PAM
42
Panagora Asset Management
Massachusetts
-$2.11M -210,000 Closed
WRBC
43
W.R. Berkley Corp
Connecticut
-$1.99M -198,484 Closed
KC
44
Kepos Capital
New York
-$1.4M -140,000 Closed
SCM
45
Saba Capital Management
New York
-$1.4M -140,000 Closed

FTACU Hedge Fund Activity: Q1 2019 in Review

29 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in FinTech Acquisition Corp. III Unit (FTACU) for Q1 2019, worth a combined $154M — down 47% from $291M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of FTACU and 4 opened new positions — a net loss of 12 holders — while 7 trimmed existing stakes and 4 added.

The largest buyer was Cowen Inc, opening a new position worth an estimated $2.27M. The largest seller was Magnetar Financial, exiting entirely with an estimated $27.1M sold.

  • 29 institutional investors held FinTech Acquisition Corp. III Unit (FTACU) as of Q1 2019, down from 42 in Q4 2018.
  • Funds reported $154M of FinTech Acquisition Corp. III Unit stock for Q1 2019, down 47% quarter-over-quarter.
  • 4 funds opened new FinTech Acquisition Corp. III Unit positions in Q1 2019 and 16 closed out, a net change of -12 holders.
  • The largest FinTech Acquisition Corp. III Unit buyer in Q1 2019 was Cowen Inc, an estimated $2.27M added.
  • The largest FinTech Acquisition Corp. III Unit seller in Q1 2019 was Magnetar Financial, an estimated $27.1M sold.

Based on aggregated 13F filings for Q1 2019.