FinTech Acquisition Corp. III Unit
FTACU
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.
31% less funds holding
Funds holding: 42 → 29 (-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: 2 → 1 (-1)
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$2.27M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$760K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$730K |
| 4 |
Walleye Trading
New York
|
+$656K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$27.1M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$23.1M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$22.5M |
| 4 |
FIG
Fortress Investment Group
New York
|
-$12.5M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$8.43M |
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.