FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
FTPA was delisted on the 15th of March, 2023.
50 hedge funds and large institutions have $204M invested in FTAC Parnassus Acquisition Corp. Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
16% more funds holding
Funds holding: 43 → 50 (+7)
4% more capital invested
Capital invested by funds: $196M → $204M (+$7.53M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$5.64M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
+$3.21M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.81M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.7M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$9.29M |
| 2 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$2.23M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$416K |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$25.1K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$11.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Citadel Advisors
Miami,
Florida
| – | -$9.29M | -950,469 | Closed |
|
|
BCM
52
Beryl Capital Management
Redondo Beach,
California
| – | -$2.23M | -227,916 | Closed |
|
|
BCM
53
Basso Capital Management
Stamford,
Connecticut
| – | -$1K | -73 | Closed |
|
FTPA Hedge Fund Activity: Q2 2022 in Review
50 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) for Q2 2022, worth a combined $204M — up 3.8% from $196M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTPA positions and 3 closed out — a net gain of 7 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Mint Tower Capital Management, opening a new position worth an estimated $5.64M. The largest seller was Citadel Advisors, exiting entirely with an estimated $9.29M sold.
- 50 institutional investors held FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) as of Q2 2022, up from 43 in Q1 2022.
- Funds reported $204M of FTAC Parnassus Acquisition Corp. Class A Common Stock stock for Q2 2022, up 3.8% quarter-over-quarter.
- 10 funds opened new FTAC Parnassus Acquisition Corp. Class A Common Stock positions in Q2 2022 and 3 closed out, a net change of +7 holders.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock buyer in Q2 2022 was Mint Tower Capital Management, an estimated $5.64M added.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock seller in Q2 2022 was Citadel Advisors, an estimated $9.29M sold.
Based on aggregated 13F filings for Q2 2022.