FinTech Acquisition Corp. III Unit
FTACU
FTACU was delisted on the 13th of October, 2020.
25 hedge funds and large institutions have $105M invested in FinTech Acquisition Corp. III Unit in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 27 → 25 (-2)
25% less capital invested
Capital invested by funds: $140M → $105M (-$35.8M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$1.84M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.45M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.41M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.08M |
| 5 |
HF
HRT Financial
New York
|
+$718K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$12.9M |
| 2 |
Millennium Management
New York
|
-$8.1M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$8.06M |
| 4 |
CIM
Cowen Investment Management
New York
|
-$2.81M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.51M |
FTACU Hedge Fund Activity: Q1 2020 in Review
25 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in FinTech Acquisition Corp. III Unit (FTACU) for Q1 2020, worth a combined $105M — down 25% from $140M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FTACU and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Boothbay Fund Management, adding an estimated $1.84M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $12.9M sold.
- 25 institutional investors held FinTech Acquisition Corp. III Unit (FTACU) as of Q1 2020, down from 27 in Q4 2019.
- Funds reported $105M of FinTech Acquisition Corp. III Unit stock for Q1 2020, down 25% quarter-over-quarter.
- 2 funds opened new FinTech Acquisition Corp. III Unit positions in Q1 2020 and 4 closed out, a net change of -2 holders.
- The largest FinTech Acquisition Corp. III Unit buyer in Q1 2020 was Boothbay Fund Management, an estimated $1.84M added.
- The largest FinTech Acquisition Corp. III Unit seller in Q1 2020 was Hudson Bay Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2020.