Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va
FUSE.U
FUSE.U was delisted on the 22nd of September, 2021.
8 hedge funds and large institutions have $4.09M invested in Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 4 reducing their positions, and 19 closing their positions.
67% less funds holding
Funds holding: 24 → 8 (-16)
84% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 19
95% less capital invested
Capital invested by funds: $80.4M → $4.09M (-$76.3M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$256K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$234K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$24.1M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$19.6M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$6.1M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$4.63M |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$3.63M |
FUSE.U Hedge Fund Activity: Q1 2021 in Review
8 of the 5,695 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 Q1 2021, worth a combined $4.09M — down 95% from $80.4M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FUSE.U and 3 opened new positions — a net loss of 16 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $256K. The largest seller was HGC Investment Management, exiting entirely with an estimated $24.1M sold.
- 8 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 Q1 2021, down from 24 in Q4 2020.
- Funds reported $4.09M of Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va stock for Q1 2021, down 95% quarter-over-quarter.
- 3 funds opened new Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va positions in Q1 2021 and 19 closed out, a net change of -16 holders.
- The largest Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va buyer in Q1 2021 was Susquehanna International Group, an estimated $256K added.
- The largest Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va seller in Q1 2021 was HGC Investment Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2021.