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.
21 hedge funds and large institutions have $16.2M invested in FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 3 closing their positions.
9% less funds holding
Funds holding: 23 → 21 (-2)
12% less capital invested
Capital invested by funds: $18.5M → $16.2M (-$2.29M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$711K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$140K |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$125K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$25.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$2.53M |
| 2 |
Millennium Management
New York
|
-$636K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$133K |
| 4 |
CS
Clear Street
New York
|
-$112K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$67K |
FTEV.U Hedge Fund Activity: Q4 2022 in Review
21 of the 6,221 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 2022, worth a combined $16.2M — down 12% from $18.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FTEV.U and 1 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Cubist Systematic Strategies, adding an estimated $711K. The largest seller was Wealthspring Capital, cutting an estimated $2.53M.
- 21 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 2022, down from 23 in Q3 2022.
- Funds reported $16.2M of FinTech Evolution Acquisition Group Units, each consisting of one Class A Ordinary Share, and one-third of one redeemable warrant stock for Q4 2022, down 12% 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 Q4 2022 and 3 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 Q4 2022 was Cubist Systematic Strategies, an estimated $711K 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 2022 was Wealthspring Capital, an estimated $2.53M sold.
Based on aggregated 13F filings for Q4 2022.