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.
29 hedge funds and large institutions have $22.8M invested in FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
12% less funds holding
Funds holding: 33 → 29 (-4)
16% less capital invested
Capital invested by funds: $26.9M → $22.8M (-$4.19M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.97M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$525K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$400K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$68.7K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$10.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHMP
Bardin Hill Management Partners
New York
|
-$1.93M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.78M |
| 3 |
GC
Gillson Capital
Chicago,
Illinois
|
-$648K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$568K |
| 5 |
CS
Clear Street
New York
|
-$514K |
FTEV.U Hedge Fund Activity: Q2 2022 in Review
29 of the 5,936 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 2022, worth a combined $22.8M — down 16% from $26.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FTEV.U and 0 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was HGC Investment Management, adding an estimated $1.97M. The largest seller was Bardin Hill Management Partners, exiting entirely with an estimated $1.93M sold.
- 29 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 2022, down from 33 in Q1 2022.
- Funds reported $22.8M of FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant stock for Q2 2022, down 16% quarter-over-quarter.
- 0 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 2022 and 4 closed out, a net change of -4 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 2022 was HGC Investment Management, an estimated $1.97M 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 Q2 2022 was Bardin Hill Management Partners, an estimated $1.93M sold.
Based on aggregated 13F filings for Q2 2022.