FinTech Acquisition Corp. III Unit
FTACU
FTACU was delisted on the 13th of October, 2020.
28 hedge funds and large institutions have $140M invested in FinTech Acquisition Corp. III Unit in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 29 → 28 (-1)
9% less capital invested
Capital invested by funds: $154M → $140M (-$13.6M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$8.82M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$523K |
| 3 |
CI
Cowen Inc
New York
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$8.86M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$5.09M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$3.82M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.15M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$2.76M |
FTACU Hedge Fund Activity: Q2 2019 in Review
28 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in FinTech Acquisition Corp. III Unit (FTACU) for Q2 2019, worth a combined $140M — down 8.9% from $154M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FTACU and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 1 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $8.82M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $8.86M sold.
- 28 institutional investors held FinTech Acquisition Corp. III Unit (FTACU) as of Q2 2019, down from 29 in Q1 2019.
- Funds reported $140M of FinTech Acquisition Corp. III Unit stock for Q2 2019, down 8.9% quarter-over-quarter.
- 2 funds opened new FinTech Acquisition Corp. III Unit positions in Q2 2019 and 3 closed out, a net change of -1 holder.
- The largest FinTech Acquisition Corp. III Unit buyer in Q2 2019 was Nantahala Capital Management, an estimated $8.82M added.
- The largest FinTech Acquisition Corp. III Unit seller in Q2 2019 was Manulife (Manufacturers Life Insurance), an estimated $8.86M sold.
Based on aggregated 13F filings for Q2 2019.