FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
FTPA was delisted on the 15th of March, 2023.
43 hedge funds and large institutions have $196M 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, 11 increasing their positions, 4 reducing their positions, and 4 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $186M → $196M (+$10.6M)
5% more funds holding
Funds holding: 41 → 43 (+2)
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 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.76M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$2.65M |
| 3 |
CCFM
Cohen & Co Financial Management
New York
|
-$1.97M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.21M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$931K |
FTPA Hedge Fund Activity: Q1 2022 in Review
43 of the 6,340 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 $196M — up 5.7% from $186M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FTPA positions and 4 closed out — a net gain of 2 holders — while 11 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 UBS O'Connor, exiting entirely with an estimated $2.76M sold.
- 43 institutional investors held FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) as of Q1 2022, up from 41 in Q4 2021.
- Funds reported $196M of FTAC Parnassus Acquisition Corp. Class A Common Stock stock for Q1 2022, up 5.7% quarter-over-quarter.
- 6 funds opened new FTAC Parnassus Acquisition Corp. Class A Common Stock positions in Q1 2022 and 4 closed out, a net change of +2 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 UBS O'Connor, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2022.