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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
AGC
1
Angelo Gordon & Co
New York
$20.4M
DKCM
2
Davidson Kempner Capital Management
New York
$20.4M
Hudson Bay Capital Management
3
Hudson Bay Capital Management
Connecticut
$12.2M
HIM
4
HGC Investment Management
Ontario, Canada
$10.4M -$1.26M -125,000 -11%
BCM
5
BlueCrest Capital Management
Jersey
$10.2M
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.86M
Wellington Management Group
7
Wellington Management Group
Massachusetts
$8.11M -$1.67M -164,969 -17%
KPF
8
K2 Principal Fund
Ontario, Canada
$7.64M
Millennium Management
9
Millennium Management
New York
$7.64M
SCM
10
Shaolin Capital Management
Florida
$6.62M +$6.57M +650,000 New
BCM
11
Basso Capital Management
Connecticut
$6.12M -$3.27M -323,500 -35%
OCAM
12
Owl Creek Asset Management
New York
$5.09M
PC
13
Periscope Capital
Ontario, Canada
$4.7M -$2.46M -243,518 -35%
VOAM
14
Vertex One Asset Management
British Columbia, Canada
$3.82M +$760K +75,111 +25%
Deutsche Bank
15
Deutsche Bank
Germany
$3.52M +$730K +72,183 +26%
LIM
16
Longfellow Investment Management
Massachusetts
$2.62M -$1.08M -106,400 -29%
MAM
17
Myriad Asset Management
Hong Kong
$2.29M
CI
18
Cowen Inc
New York
$2.29M +$2.27M +224,600 New
Walleye Trading
19
Walleye Trading
New York
$1.74M +$656K +64,906 +61%
YCM
20
Yakira Capital Management
Connecticut
$1.63M
Citigroup
21
Citigroup
New York
$1.53M
RCM
22
Rivernorth Capital Management
Florida
$1.53M
Walleye Capital
23
Walleye Capital
New York
$1.53M +$1.52M +150,000 New
CCA
24
Castle Creek Arbitrage
Colorado
$1.22M
WAM
25
Wolverine Asset Management
Illinois
$1.02M

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.