FinTech Acquisition Corp. III Unit
FTACU
FTACU was delisted on the 13th of October, 2020.
9 hedge funds and large institutions have $22.5M invested in FinTech Acquisition Corp. III Unit in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 12 closing their positions.
57% less funds holding
Funds holding: 21 → 9 (-12)
79% less capital invested
Capital invested by funds: $107M → $22.5M (-$84.3M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$195 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
-$25.1M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$15M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$13.6M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$12.3M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.4M |
FTACU Hedge Fund Activity: Q3 2020 in Review
9 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FinTech Acquisition Corp. III Unit (FTACU) for Q3 2020, worth a combined $22.5M — down 79% from $107M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FTACU and 0 opened new positions — a net loss of 12 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $195. The largest seller was Angelo Gordon & Co, exiting entirely with an estimated $25.1M sold.
- 9 institutional investors held FinTech Acquisition Corp. III Unit (FTACU) as of Q3 2020, down from 21 in Q2 2020.
- Funds reported $22.5M of FinTech Acquisition Corp. III Unit stock for Q3 2020, down 79% quarter-over-quarter.
- 0 funds opened new FinTech Acquisition Corp. III Unit positions in Q3 2020 and 12 closed out, a net change of -12 holders.
- The largest FinTech Acquisition Corp. III Unit buyer in Q3 2020 was UBS Group, an estimated $195 added.
- The largest FinTech Acquisition Corp. III Unit seller in Q3 2020 was Angelo Gordon & Co, an estimated $25.1M sold.
Based on aggregated 13F filings for Q3 2020.