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.
45 hedge funds and large institutions have $57.5M invested in FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 11 closing their positions.
15% less funds holding
Funds holding: 53 → 45 (-8)
41% less capital invested
Capital invested by funds: $97.3M → $57.5M (-$39.8M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$220K |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$63.1K |
| 3 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
+$8.29K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$4.17K |
| 5 |
E
Ergoteles
New York
|
+$3.97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$13.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.47M |
| 3 |
Millennium Management
New York
|
-$5.53M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$4.44M |
| 5 |
KC
Kepos Capital
New York
|
-$4.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
51
Virtu Financial
New York
| – | -$432K | -43,748 | Closed |
|
|
DIG
52
DeepCurrents Investment Group
New York
| – | -$140K | -14,184 | Closed |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -378 | Closed |
|
|
PMAM
54
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$1K | -2 | Closed |
|
FTEV.U Hedge Fund Activity: Q4 2021 in Review
45 of the 6,498 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 Q4 2021, worth a combined $57.5M — down 41% from $97.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FTEV.U and 4 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $220K. The largest seller was Glazer Capital LLC, cutting an estimated $13.9M.
- 45 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 Q4 2021, down from 53 in Q3 2021.
- Funds reported $57.5M of FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant stock for Q4 2021, down 41% quarter-over-quarter.
- 4 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 Q4 2021 and 11 closed out, a net change of -7 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 Q4 2021 was Cubist Systematic Strategies, an estimated $220K 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 Q4 2021 was Glazer Capital LLC, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2021.