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FVAC.U

Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one

Delisted

FVAC.U was delisted on the 17th of November, 2020.

8 hedge funds and large institutions have $2.86M invested in Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 3

82% less funds holding

Funds holding: 448 (-36)

97% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 37

99% less capital invested

Capital invested by funds: $219M → $2.86M (-$216M)

Holders
8
Holders Change
-36
Holders Change %
-81.82%
% of All Funds
0.16%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
3
Reduced
3
Closed
37
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HP
1
Hound Partners
New York
$2.25M -$637K -47,034 -24%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$362K +$327K +24,115 New
KC
3
KCL Capital
New York
$150K -$542K -40,000 -80%
TRCT
4
Tower Research Capital (TRC)
New York
$56K +$5.39K +398 +12%
Morgan Stanley
5
Morgan Stanley
New York
$17K +$1.69K +125 +13%
Millennium Management
6
Millennium Management
New York
$13.1K -$23.4M -1,724,999 -66%
UBS Group
7
UBS Group
Switzerland
$13K +$10.4K +765 +1,077%
GCL
8
Glazer Capital LLC
New York
-$28.1M -2,732,757 Closed
MF
9
Magnetar Financial
Illinois
-$21.1M -2,049,499 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
10
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$15.4M -1,500,000 Closed
Deutsche Bank
11
Deutsche Bank
Germany
-$14.8M -1,435,006 Closed
KC
12
Kepos Capital
New York
-$12.5M -1,215,152 Closed
WCMNY
13
Westchester Capital Management (New York)
New York
-$11.1M -1,075,950 Closed
AA
14
AQR Arbitrage
Connecticut
-$10.3M -1,000,000 Closed
Man Group
15
Man Group
United Kingdom
-$8.68M -842,941 Closed
HI
16
HBK Investments
Texas
-$8.24M -800,000 Closed
JP Morgan Chase
17
JP Morgan Chase
New York
-$5.25M -509,771 Closed
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
-$5.15M -500,000 Closed
SCM
19
Shaolin Capital Management
Florida
-$5.15M -500,000 Closed
FTCM
20
Fir Tree Capital Management
New York
-$4.63M -450,000 Closed
AC
21
Aristeia Capital
Connecticut
-$4.53M -440,150 Closed
PC
22
Periscope Capital
Ontario, Canada
-$4.17M -405,395 Closed
Marshall Wace
23
Marshall Wace
United Kingdom
-$4.12M -400,000 Closed
OAC
24
OMERS Administration Corp
Ontario, Canada
-$4.12M -400,000 Closed
Hudson Bay Capital Management
25
Hudson Bay Capital Management
Connecticut
-$3.09M -300,000 Closed

FVAC.U Hedge Fund Activity: Q3 2020 in Review

8 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one (FVAC.U) for Q3 2020, worth a combined $2.86M — down 99% from $219M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of FVAC.U and 1 opened new positions — a net loss of 36 holders — while 3 trimmed existing stakes and 3 added.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $327K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $28.1M sold.

  • 8 institutional investors held Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one (FVAC.U) as of Q3 2020, down from 44 in Q2 2020.
  • Funds reported $2.86M of Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one stock for Q3 2020, down 99% quarter-over-quarter.
  • 1 fund opened new Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one positions in Q3 2020 and 37 closed out, a net change of -36 holders.
  • The largest Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one buyer in Q3 2020 was Susquehanna International Group, an estimated $327K added.
  • The largest Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one seller in Q3 2020 was Glazer Capital LLC, an estimated $28.1M sold.

Based on aggregated 13F filings for Q3 2020.