FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
FTPA was delisted on the 15th of March, 2023.
41 hedge funds and large institutions have $186M invested in FTAC Parnassus Acquisition Corp. Class A Common Stock in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $175M → $186M (+$10.7M)
3% more funds holding
Funds holding: 40 → 41 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$4.57M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.94M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.9M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.61M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$2.92M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.44M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$2.44M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$939K |
| 5 |
AC
Athanor Capital
New York
|
-$188K |
FTPA Hedge Fund Activity: Q4 2021 in Review
41 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) for Q4 2021, worth a combined $186M — up 6.1% from $175M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FTPA positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $4.57M. The largest seller was Security Benefit Life Insurance Company, exiting entirely with an estimated $2.92M sold.
- 41 institutional investors held FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) as of Q4 2021, up from 40 in Q3 2021.
- Funds reported $186M of FTAC Parnassus Acquisition Corp. Class A Common Stock stock for Q4 2021, up 6.1% quarter-over-quarter.
- 5 funds opened new FTAC Parnassus Acquisition Corp. Class A Common Stock positions in Q4 2021 and 4 closed out, a net change of +1 holder.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock buyer in Q4 2021 was Glazer Capital LLC, an estimated $4.57M added.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock seller in Q4 2021 was Security Benefit Life Insurance Company, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2021.