FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
FTPA was delisted on the 15th of March, 2023.
55 hedge funds and large institutions have $220M invested in FTAC Parnassus Acquisition Corp. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
10% more funds holding
Funds holding: 50 → 55 (+5)
8% more capital invested
Capital invested by funds: $204M → $220M (+$16M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$7.96M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$6.69M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.07M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.93M |
| 5 |
SCM
Saba Capital Management
New York
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$5.2M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.6M |
| 3 |
CC
Centiva Capital
New York
|
-$991K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$834K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$362K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
51
Landscape Capital Management
Englewood,
New Jersey
| $109K | +$109K | +11,100 | New |
|
|
EC
52
Elequin Capital
New York
| $15K | +$14.7K | +1,500 | New |
|
53
UBS Group
Zurich,
Switzerland
| $12K | – | – | – |
|
54
Wellington Management Group
Boston,
Massachusetts
| $2K | – | – | – |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $1.89K | +$69.8K | +7,100 | +4% |
|
|
CM
56
Cohanzick Management
Pleasantville,
New York
| – | -$27K | -2,750 | Closed |
|
FTPA Hedge Fund Activity: Q3 2022 in Review
55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) for Q3 2022, worth a combined $220M — up 7.9% from $204M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FTPA positions and 1 closed out — a net gain of 6 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Magnetar Financial, adding an estimated $7.96M. The largest seller was P. Schoenfeld Asset Management (PSAM), cutting an estimated $5.2M.
- 55 institutional investors held FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) as of Q3 2022, up from 50 in Q2 2022.
- Funds reported $220M of FTAC Parnassus Acquisition Corp. Class A Common Stock stock for Q3 2022, up 7.9% quarter-over-quarter.
- 7 funds opened new FTAC Parnassus Acquisition Corp. Class A Common Stock positions in Q3 2022 and 1 closed out, a net change of +6 holders.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock buyer in Q3 2022 was Magnetar Financial, an estimated $7.96M added.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock seller in Q3 2022 was P. Schoenfeld Asset Management (PSAM), an estimated $5.2M sold.
Based on aggregated 13F filings for Q3 2022.