FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
FTPA was delisted on the 15th of March, 2023.
52 hedge funds and large institutions have $235M 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, 8 increasing their positions, 9 reducing their positions, and 6 closing their positions.
8% more capital invested
Capital invested by funds: $218M → $235M (+$16.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 55 → 52 (-3)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
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 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.47M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$1.89M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.79M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.13M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1M |
FTPA Hedge Fund Activity: Q4 2022 in Review
52 of the 6,237 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 $235M — up 7.5% from $218M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FTPA and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $14.9M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $2.47M sold.
- 52 institutional investors held FTAC Parnassus Acquisition Corp. Class A Common Stock (FTPA) as of Q4 2022, down from 55 in Q3 2022.
- Funds reported $235M of FTAC Parnassus Acquisition Corp. Class A Common Stock stock for Q4 2022, up 7.5% quarter-over-quarter.
- 3 funds opened new FTAC Parnassus Acquisition Corp. Class A Common Stock positions in Q4 2022 and 6 closed out, a net change of -3 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 BNP Paribas Financial Markets, an estimated $2.47M sold.
Based on aggregated 13F filings for Q4 2022.