FinTech Acquisition Corp. III Unit
FTACU
FTACU was delisted on the 13th of October, 2020.
27 hedge funds and large institutions have $140M invested in FinTech Acquisition Corp. III Unit in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $145M → $140M (-$4.97M)
10% less funds holding
Funds holding: 30 → 27 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$267K |
| 2 |
Walleye Trading
New York
|
+$31K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.68M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.07M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.07M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$978K |
| 5 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$801K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $21K | -$3.23K | -302 | -13% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3.68M | -345,000 | Closed |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.07M | -100,000 | Closed |
|
|
BRF
30
B. Riley Financial
Los Angeles,
California
| – | -$212K | -19,817 | Closed |
|
|
CAC
31
Cowen and Company
New York
| – | -$109K | -10,172 | Closed |
|
FTACU Hedge Fund Activity: Q4 2019 in Review
27 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in FinTech Acquisition Corp. III Unit (FTACU) for Q4 2019, worth a combined $140M — down 3.4% from $145M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FTACU and 1 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $267K. The largest seller was Deutsche Bank, exiting entirely with an estimated $3.68M sold.
- 27 institutional investors held FinTech Acquisition Corp. III Unit (FTACU) as of Q4 2019, down from 30 in Q3 2019.
- Funds reported $140M of FinTech Acquisition Corp. III Unit stock for Q4 2019, down 3.4% quarter-over-quarter.
- 1 fund opened new FinTech Acquisition Corp. III Unit positions in Q4 2019 and 4 closed out, a net change of -3 holders.
- The largest FinTech Acquisition Corp. III Unit buyer in Q4 2019 was Goldman Sachs, an estimated $267K added.
- The largest FinTech Acquisition Corp. III Unit seller in Q4 2019 was Deutsche Bank, an estimated $3.68M sold.
Based on aggregated 13F filings for Q4 2019.