FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant
FTEV.U
FTEV.U was delisted on the 3rd of March, 2023.
53 hedge funds and large institutions have $97.3M invested in FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 11 closing their positions.
5% less funds holding
Funds holding: 56 → 53 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
22% less capital invested
Capital invested by funds: $124M → $97.3M (-$26.7M)
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$3.97M |
| 2 |
VF
Virtu Financial
New York
|
+$434K |
| 3 |
PCM
Prelude Capital Management
New York
|
+$292K |
| 4 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$248K |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.52M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$5.19M |
| 3 |
D.E. Shaw & Co
New York
|
-$3.78M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$2.99M |
| 5 |
SFM
Soros Fund Management
New York
|
-$2.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Walleye Capital
New York
| $400 | -$44.6K | -4,500 | -10% |
|
|
52
D.E. Shaw & Co
New York
| – | -$3.78M | -378,790 | Closed |
|
|
BCM
53
BlueCrest Capital Management
St Helier,
Jersey
| – | -$2.99M | -300,000 | Closed |
|
|
SFM
54
Soros Fund Management
New York
| – | -$2.99M | -300,000 | Closed |
|
55
Jane Street
New York
| – | -$2.65M | -265,557 | Closed |
|
|
AGC
56
Angelo Gordon & Co
New York
| – | -$2M | -200,000 | Closed |
|
|
SSA
57
Schonfeld Strategic Advisors
New York
| – | -$518K | -51,900 | Closed |
|
|
PCM
58
Pentwater Capital Management
Naples,
Florida
| – | -$499K | -50,007 | Closed |
|
|
OMC
59
Old Mission Capital
Chicago,
Illinois
| – | -$200K | -20,030 | Closed |
|
|
EC
60
EJF Capital
Arlington,
Virginia
| – | -$200K | -20,000 | Closed |
|
|
IIC
61
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| – | -$119K | -11,950 | Closed |
|
|
RCM
62
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$30K | -3,003 | Closed |
|
63
JP Morgan Chase
New York
| – | +$40 | +4 | New |
|
FTEV.U Hedge Fund Activity: Q3 2021 in Review
53 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant (FTEV.U) for Q3 2021, worth a combined $97.3M — down 22% from $124M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FTEV.U and 9 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $3.97M. The largest seller was Periscope Capital, cutting an estimated $5.52M.
- 53 institutional investors held FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant (FTEV.U) as of Q3 2021, down from 56 in Q2 2021.
- Funds reported $97.3M of FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant stock for Q3 2021, down 22% quarter-over-quarter.
- 9 funds opened new FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant positions in Q3 2021 and 11 closed out, a net change of -2 holders.
- The largest FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant buyer in Q3 2021 was Cowen and Company, an estimated $3.97M added.
- The largest FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant seller in Q3 2021 was Periscope Capital, an estimated $5.52M sold.
Based on aggregated 13F filings for Q3 2021.