FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
FTPA was delisted on the 15th of March, 2023.
51 hedge funds and large institutions have $232M invested in FTAC Parnassus Acquisition Corp. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 7 closing their positions.
6% more capital invested
Capital invested by funds: $220M → $232M (+$12.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 55 → 51 (-4)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$14.9M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$1.81M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.74M |
| 4 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
+$1.51M |
| 5 |
ETH
Exos TFP Holdings
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$3.38M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.56M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.47M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.89M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wellington Management Group
Boston,
Massachusetts
| $1.5K | – | – | – |
|
|
52
BNP Paribas Financial Markets
Paris,
France
| – | -$2.47M | -312,500 | Closed |
|
|
UOC
53
UBS O'Connor
Chicago,
Illinois
| – | -$2.56M | -260,815 | Closed |
|
|
54
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.79M | -181,691 | Closed |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$1M | -102,001 | Closed |
|
56
JP Morgan Chase
New York
| – | -$984K | -100,000 | Closed |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$961K | -97,788 | Closed |
|
58
Parallax Volatility Advisers
San Francisco,
California
| – | -$492K | -50,000 | Closed |
|
FTPA Hedge Fund Activity: Q4 2022 in Review
51 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) for Q4 2022, worth a combined $232M — up 5.6% from $220M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FTPA and 3 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $14.9M. The largest seller was Janus Henderson Group, cutting an estimated $3.38M.
- 51 institutional investors held FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) as of Q4 2022, down from 55 in Q3 2022.
- Funds reported $232M of FTAC Parnassus Acquisition Corp. Class A Common Stock stock for Q4 2022, up 5.6% quarter-over-quarter.
- 3 funds opened new FTAC Parnassus Acquisition Corp. Class A Common Stock positions in Q4 2022 and 7 closed out, a net change of -4 holders.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock buyer in Q4 2022 was HGC Investment Management, an estimated $14.9M added.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock seller in Q4 2022 was Janus Henderson Group, an estimated $3.38M sold.
Based on aggregated 13F filings for Q4 2022.