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.
44 hedge funds and large institutions have $132M 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 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 22 closing their positions.
29% less funds holding
Funds holding: 62 → 44 (-18)
41% less capital invested
Capital invested by funds: $222M → $132M (-$90.4M)
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
82% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$4.81M |
| 2 |
CAC
Cowen and Company
New York
|
+$2.97M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$787K |
| 4 |
DCM
DG Capital Management
New York
|
+$668K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Finepoint Capital
Boston,
Massachusetts
|
-$18.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15M |
| 3 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
-$15M |
| 4 |
Jane Street
New York
|
-$14.7M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$13.8M |
FVIV.U Hedge Fund Activity: Q3 2021 in Review
44 of the 5,712 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 Q3 2021, worth a combined $132M — down 41% from $222M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FVIV.U and 4 opened new positions — a net loss of 18 holders — while 15 trimmed existing stakes and 7 added.
The largest buyer was First Pacific Advisors, adding an estimated $4.81M. The largest seller was Finepoint Capital, exiting entirely with an estimated $18.5M sold.
- 44 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 Q3 2021, down from 62 in Q2 2021.
- Funds reported $132M 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 Q3 2021, down 41% quarter-over-quarter.
- 4 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 Q3 2021 and 22 closed out, a net change of -18 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 Q3 2021 was First Pacific Advisors, an estimated $4.81M 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 Q3 2021 was Finepoint Capital, an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2021.