FTAC Parnassus Acquisition Corp. Unit
FTPAU
FTPAU was delisted on the 15th of March, 2023.
9 hedge funds and large institutions have $11.8M invested in FTAC Parnassus Acquisition Corp. Unit in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
18% less funds holding
Funds holding: 11 → 9 (-2)
59% less capital invested
Capital invested by funds: $29.1M → $11.8M (-$17.3M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$48.6K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.25K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$238 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$14.8M |
| 2 |
Jane Street
New York
|
-$2.5M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$242K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$37.4K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Wellington Management Group
Boston,
Massachusetts
| $5.27M | – | – | – |
|
2
Millennium Management
New York
| $3.46M | – | – | – |
|
|
3
Jane Street
New York
| $2.52M | -$2.5M | -251,970 | -50% |
|
|
HF
4
HRT Financial
New York
| $194K | – | – | – |
|
|
LCM
5
Landscape Capital Management
Englewood,
New Jersey
| $171K | – | – | – |
|
|
SIA
6
Schechter Investment Advisors
Birmingham,
Michigan
| $136K | -$37.4K | -3,770 | -22% |
|
|
CS
7
Clear Street
New York
| $74K | +$48.6K | +4,898 | +200% |
|
|
8
UBS Group
Zurich,
Switzerland
| $8.98K | +$7.25K | +730 | +440% |
|
|
HIM
9
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$14.8M | -1,500,000 | Closed |
|
|
WC
10
Wealthspring Capital
West Harrison,
New York
| – | -$242K | -24,550 | Closed |
|
|
CCM
11
Condor Capital Management
Martinsville,
New Jersey
| – | -$22K | -2,200 | Closed |
|
|
GCL
12
Glazer Capital LLC
New York
| – | +$238 | +24 | New |
|
FTPAU Hedge Fund Activity: Q4 2022 in Review
9 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in FTAC Parnassus Acquisition Corp. Unit (FTPAU) for Q4 2022, worth a combined $11.8M — down 59% from $29.1M 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 2 added.
The largest buyer was Clear Street, adding an estimated $48.6K. The largest seller was HGC Investment Management, exiting entirely with an estimated $14.8M sold.
- 9 institutional investors held FTAC Parnassus Acquisition Corp. Unit (FTPAU) as of Q4 2022, down from 11 in Q3 2022.
- Funds reported $11.8M of FTAC Parnassus Acquisition Corp. Unit stock for Q4 2022, down 59% quarter-over-quarter.
- 1 fund opened new FTAC Parnassus Acquisition Corp. Unit positions in Q4 2022 and 3 closed out, a net change of -2 holders.
- The largest FTAC Parnassus Acquisition Corp. Unit buyer in Q4 2022 was Clear Street, an estimated $48.6K added.
- The largest FTAC Parnassus Acquisition Corp. Unit seller in Q4 2022 was HGC Investment Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2022.