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.
33 hedge funds and large institutions have $26.9M invested in FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 13 closing their positions.
27% less funds holding
Funds holding: 45 → 33 (-12)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
53% less capital invested
Capital invested by funds: $57.5M → $26.9M (-$30.5M)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$499K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$99.3K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$50K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$14.8M |
| 2 |
CAC
Cowen and Company
New York
|
-$3.96M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$3.78M |
| 4 |
HP
Hound Partners
New York
|
-$2.96M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$1.48M |
FTEV.U Hedge Fund Activity: Q1 2022 in Review
33 of the 6,340 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 Q1 2022, worth a combined $26.9M — down 53% from $57.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FTEV.U and 1 opened new positions — a net loss of 12 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Clear Street, adding an estimated $499K. The largest seller was Aristeia Capital, exiting entirely with an estimated $14.8M sold.
- 33 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 Q1 2022, down from 45 in Q4 2021.
- Funds reported $26.9M of FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant stock for Q1 2022, down 53% quarter-over-quarter.
- 1 fund opened new FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant positions in Q1 2022 and 13 closed out, a net change of -12 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 Q1 2022 was Clear Street, an estimated $499K 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 Q1 2022 was Aristeia Capital, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2022.