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FUSE.U

Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va

Delisted

FUSE.U was delisted on the 22nd of September, 2021.

32 hedge funds and large institutions have $118M invested in Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

44% less funds holding

Funds holding: 5732 (-25)

63% less capital invested

Capital invested by funds: $323M → $118M (-$205M)

76% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 33

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
32
Holders Change
-25
Holders Change %
-43.86%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
7
Reduced
9
Closed
33
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAC
51
Cowen and Company
New York
-$2.54M -250,000 Closed
KPF
52
K2 Principal Fund
Ontario, Canada
-$2.54M -250,000 Closed
PC
53
Periscope Capital
Ontario, Canada
-$2.03M -200,000 Closed
PMAM
54
Picton Mahoney Asset Management
Ontario, Canada
-$2.03M -200,000 Closed
RCM
55
Radcliffe Capital Management
Pennsylvania
-$2.03M -200,000 Closed
Verition Fund Management
56
Verition Fund Management
Connecticut
-$1.78M -175,000 Closed
BI
57
Bulldog Investors
New Jersey
-$1.22M -120,000 Closed
ICM
58
Ionic Capital Management
New York
-$1.17M -115,000 Closed
DAM
59
Deltec Asset Management
New York
-$1.02M -100,000 Closed
MCM
60
Moore Capital Management
New York
-$1.02M -100,000 Closed
MSU
61
Mizuho Securities USA
New York
-$1.02M -99,999 Closed
DCM
62
Dupont Capital Management
Delaware
-$254K -25,000 Closed
Geode Capital Management
63
Geode Capital Management
Massachusetts
-$255K -25,000 Closed
CAPTRUST Financial Advisors
64
CAPTRUST Financial Advisors
North Carolina
-$221K -21,750 Closed
KC
65
KCL Capital
New York
-$152K -15,000 Closed
PAM
66
Panagora Asset Management
Massachusetts
-$77K -7,608 Closed

FUSE.U Hedge Fund Activity: Q3 2020 in Review

32 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va (FUSE.U) for Q3 2020, worth a combined $118M — down 63% from $323M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of FUSE.U and 8 opened new positions — a net loss of 25 holders — while 9 trimmed existing stakes and 7 added.

The largest buyer was Ramius Advisors, opening a new position worth an estimated $5.59M. The largest seller was Linden Advisors, exiting entirely with an estimated $23.4M sold.

  • 32 institutional investors held Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va (FUSE.U) as of Q3 2020, down from 57 in Q2 2020.
  • Funds reported $118M of Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va stock for Q3 2020, down 63% quarter-over-quarter.
  • 8 funds opened new Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va positions in Q3 2020 and 33 closed out, a net change of -25 holders.
  • The largest Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va buyer in Q3 2020 was Ramius Advisors, an estimated $5.59M added.
  • The largest Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va seller in Q3 2020 was Linden Advisors, an estimated $23.4M sold.

Based on aggregated 13F filings for Q3 2020.