FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
FTPA was delisted on the 15th of March, 2023.
44 hedge funds and large institutions have $199M invested in FTAC Parnassus Acquisition Corp. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
7% more funds holding
Funds holding: 41 → 44 (+3)
7% more capital invested
Capital invested by funds: $186M → $199M (+$13.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$9.74M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.77M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$2.44M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.02M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$930K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$2.65M |
| 2 |
CCFM
Cohen & Co Financial Management
New York
|
-$1.97M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$1.21M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$931K |
| 5 |
D.E. Shaw & Co
New York
|
-$653K |
FTPA Hedge Fund Activity: Q1 2022 in Review
44 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) for Q1 2022, worth a combined $199M — up 7.2% from $186M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FTPA positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Aristeia Capital, opening a new position worth an estimated $9.74M. The largest seller was Fortress Investment Group, exiting entirely with an estimated $2.65M sold.
- 44 institutional investors held FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) as of Q1 2022, up from 41 in Q4 2021.
- Funds reported $199M of FTAC Parnassus Acquisition Corp. Class A Common Stock stock for Q1 2022, up 7.2% quarter-over-quarter.
- 6 funds opened new FTAC Parnassus Acquisition Corp. Class A Common Stock positions in Q1 2022 and 3 closed out, a net change of +3 holders.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock buyer in Q1 2022 was Aristeia Capital, an estimated $9.74M added.
- The largest FTAC Parnassus Acquisition Corp. Class A Common Stock seller in Q1 2022 was Fortress Investment Group, an estimated $2.65M sold.
Based on aggregated 13F filings for Q1 2022.