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.
56 hedge funds and large institutions have $124M invested in FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 50 closing their positions.
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
45% less funds holding
Funds holding: 101 → 56 (-45)
49% less capital invested
Capital invested by funds: $243M → $124M (-$119M)
88% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$3.43M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2M |
| 3 |
D.E. Shaw & Co
New York
|
+$786K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$661K |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$9.98M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.13M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$7.72M |
| 4 |
LCM
LH Capital Markets
New York
|
-$4.93M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.93M |
FTEV.U Hedge Fund Activity: Q2 2021 in Review
56 of the 5,745 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 Q2 2021, worth a combined $124M — down 49% from $243M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of FTEV.U and 6 opened new positions — a net loss of 44 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $3.43M. The largest seller was Nomura Holdings, cutting an estimated $9.98M.
- 56 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 Q2 2021, down from 101 in Q1 2021.
- Funds reported $124M of FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant stock for Q2 2021, down 49% quarter-over-quarter.
- 6 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 Q2 2021 and 50 closed out, a net change of -44 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 Q2 2021 was Corsair Capital Management, an estimated $3.43M 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 Q2 2021 was Nomura Holdings, an estimated $9.98M sold.
Based on aggregated 13F filings for Q2 2021.