FTAC Parnassus Acquisition Corp. Unit
FTPAU
FTPAU was delisted on the 15th of March, 2023.
11 hedge funds and large institutions have $29.1M invested in FTAC Parnassus Acquisition Corp. Unit in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
15% less funds holding
Funds holding: 13 → 11 (-2)
31% less capital invested
Capital invested by funds: $42.2M → $29.1M (-$13M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.48M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$24.6K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$20.7K |
| 4 |
CS
Clear Street
New York
|
+$8.45K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$4.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$14.8M |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$471K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$158K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$54.2K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$8.09K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $14.8M | -$14.8M | -1,500,000 | -50% |
|
|
2
Wellington Management Group
Boston,
Massachusetts
| $5.18M | -$54.2K | -5,506 | -1% |
|
|
3
Jane Street
New York
| $4.97M | +$2.48M | +252,232 | +100% |
|
4
Millennium Management
New York
| $3.4M | – | – | – |
|
|
WC
5
Wealthspring Capital
West Harrison,
New York
| $242K | +$4.92K | +500 | +2% |
|
|
HF
6
HRT Financial
New York
| $190K | – | – | – |
|
|
SIA
7
Schechter Investment Advisors
Birmingham,
Michigan
| $170K | +$24.6K | +2,500 | +17% |
|
|
LCM
8
Landscape Capital Management
Englewood,
New Jersey
| $168K | +$20.7K | +2,100 | +14% |
|
|
CS
9
Clear Street
New York
| $24K | +$8.45K | +859 | +54% |
|
|
CCM
10
Condor Capital Management
Martinsville,
New Jersey
| $22K | – | – | – |
|
11
UBS Group
Zurich,
Switzerland
| $2K | +$1.63K | +166 | New |
|
|
MF
12
Magnetar Financial
Evanston,
Illinois
| – | -$8.09K | -812,000 | Closed |
|
|
SMA
13
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$471K | -48,127 | Closed |
|
|
14
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$158K | -16,200 | Closed |
|
FTPAU Hedge Fund Activity: Q3 2022 in Review
11 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in FTAC Parnassus Acquisition Corp. Unit (FTPAU) for Q3 2022, worth a combined $29.1M — down 31% from $42.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FTPAU and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $2.48M. The largest seller was HGC Investment Management, cutting an estimated $14.8M.
- 11 institutional investors held FTAC Parnassus Acquisition Corp. Unit (FTPAU) as of Q3 2022, down from 13 in Q2 2022.
- Funds reported $29.1M of FTAC Parnassus Acquisition Corp. Unit stock for Q3 2022, down 31% quarter-over-quarter.
- 1 fund opened new FTAC Parnassus Acquisition Corp. Unit positions in Q3 2022 and 3 closed out, a net change of -2 holders.
- The largest FTAC Parnassus Acquisition Corp. Unit buyer in Q3 2022 was Jane Street, an estimated $2.48M added.
- The largest FTAC Parnassus Acquisition Corp. Unit seller in Q3 2022 was HGC Investment Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q3 2022.