FTAC Olympus Acquisition Corp. Unit
FTOCU
FTOCU was delisted on the 25th of June, 2021.
10 hedge funds and large institutions have $80.3M invested in FTAC Olympus Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 38 closing their positions.
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
77% less capital invested
Capital invested by funds: $350M → $80.3M (-$270M)
78% less funds holding
Funds holding: 45 → 10 (-35)
92% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MYDA Advisors
Woodmere,
New York
|
+$1.01M |
| 2 |
GIP
General Industrial Partners
London,
United Kingdom
|
+$931K |
| 3 |
CCM
CAAS Capital Management
New York
|
+$126K |
| 4 |
Morgan Stanley
New York
|
+$19.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$71.4M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$39.2M |
| 3 |
Millennium Management
New York
|
-$25M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$14.2M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$10.9M |
FTOCU Hedge Fund Activity: Q1 2021 in Review
10 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in FTAC Olympus Acquisition Corp. Unit (FTOCU) for Q1 2021, worth a combined $80.3M — down 77% from $350M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of FTOCU and 3 opened new positions — a net loss of 35 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was MYDA Advisors, opening a new position worth an estimated $1.01M. The largest seller was Magnetar Financial, exiting entirely with an estimated $71.4M sold.
- 10 institutional investors held FTAC Olympus Acquisition Corp. Unit (FTOCU) as of Q1 2021, down from 45 in Q4 2020.
- Funds reported $80.3M of FTAC Olympus Acquisition Corp. Unit stock for Q1 2021, down 77% quarter-over-quarter.
- 3 funds opened new FTAC Olympus Acquisition Corp. Unit positions in Q1 2021 and 38 closed out, a net change of -35 holders.
- The largest FTAC Olympus Acquisition Corp. Unit buyer in Q1 2021 was MYDA Advisors, an estimated $1.01M added.
- The largest FTAC Olympus Acquisition Corp. Unit seller in Q1 2021 was Magnetar Financial, an estimated $71.4M sold.
Based on aggregated 13F filings for Q1 2021.