FinTech Evolution Acquisition Group
FTEV
FTEV was delisted on the 3rd of March, 2023.
69 hedge funds and large institutions have $240M invested in FinTech Evolution Acquisition Group in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 8 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
7% more capital invested
Capital invested by funds: $225M → $240M (+$15M)
3% less funds holding
Funds holding: 71 → 69 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$12.7M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.9M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1.61M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$1.37M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$3.92M |
| 2 |
SFM
Soros Fund Management
New York
|
-$2.98M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.47M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$1.1M |
| 5 |
CAC
Cowen and Company
New York
|
-$744K |
FTEV Hedge Fund Activity: Q4 2022 in Review
69 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FinTech Evolution Acquisition Group (FTEV) for Q4 2022, worth a combined $240M — up 6.7% from $225M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FTEV and 6 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was First Trust Capital Management, opening a new position worth an estimated $12.7M. The largest seller was UBS O'Connor, exiting entirely with an estimated $3.92M sold.
- 69 institutional investors held FinTech Evolution Acquisition Group (FTEV) as of Q4 2022, down from 71 in Q3 2022.
- Funds reported $240M of FinTech Evolution Acquisition Group stock for Q4 2022, up 6.7% quarter-over-quarter.
- 6 funds opened new FinTech Evolution Acquisition Group positions in Q4 2022 and 8 closed out, a net change of -2 holders.
- The largest FinTech Evolution Acquisition Group buyer in Q4 2022 was First Trust Capital Management, an estimated $12.7M added.
- The largest FinTech Evolution Acquisition Group seller in Q4 2022 was UBS O'Connor, an estimated $3.92M sold.
Based on aggregated 13F filings for Q4 2022.