Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant
FVIV.U
FVIV.U was delisted on the 18th of November, 2022.
62 hedge funds and large institutions have $222M invested in Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 43 closing their positions.
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less funds holding
Funds holding: 94 → 62 (-32)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
62% less capital invested
Capital invested by funds: $588M → $222M (-$366M)
72% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$11M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$9.59M |
| 3 |
LPC
Lion Point Capital
New York
|
+$5.01M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$4.46M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$52.4M |
| 2 |
Millennium Management
New York
|
-$29.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$25.1M |
| 4 |
SCM
Saba Capital Management
New York
|
-$24.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$19.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
101
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$243K | -24,560 | Closed |
|
|
DIG
102
DeepCurrents Investment Group
New York
| – | -$99K | -10,000 | Closed |
|
|
NAM
103
Nexpoint Asset Management
Dallas,
Texas
| – | -$99K | -10,000 | Closed |
|
|
AA
104
Ancora Advisors
Cleveland,
Ohio
| – | -$49K | -5,000 | Closed |
|
105
Bank of America
Charlotte,
North Carolina
| – | -$1K | -150 | Closed |
|
FVIV.U Hedge Fund Activity: Q2 2021 in Review
62 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant (FVIV.U) for Q2 2021, worth a combined $222M — down 62% from $588M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of FVIV.U and 12 opened new positions — a net loss of 31 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was Periscope Capital, adding an estimated $11M. The largest seller was Deutsche Bank, cutting an estimated $52.4M.
- 62 institutional investors held Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant (FVIV.U) as of Q2 2021, down from 94 in Q1 2021.
- Funds reported $222M of Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant stock for Q2 2021, down 62% quarter-over-quarter.
- 12 funds opened new Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant positions in Q2 2021 and 43 closed out, a net change of -31 holders.
- The largest Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant buyer in Q2 2021 was Periscope Capital, an estimated $11M added.
- The largest Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant seller in Q2 2021 was Deutsche Bank, an estimated $52.4M sold.
Based on aggregated 13F filings for Q2 2021.