Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant
FVT.U
FVT.U was delisted on the 21st of November, 2022.
32 hedge funds and large institutions have $21.5M invested in Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 31 → 32 (+1)
17% less capital invested
Capital invested by funds: $26M → $21.5M (-$4.53M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$995K |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$145K |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$143K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$59.4K |
| 5 |
Rockefeller Capital Management
New York
|
+$29.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$3.52M |
| 2 |
SAM
Silphium Asset Management
London,
United Kingdom
|
-$1.64M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$332K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$324K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $20K | – | – | – |
|
|
FIA
27
FNY Investment Advisers
New York
| $13K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $4K | – | – | – |
|
|
AA
29
Ancora Advisors
Cleveland,
Ohio
| $2K | – | – | – |
|
|
KC
30
Kepos Capital
New York
| – | -$3.52M | -354,143 | Closed |
|
|
SAM
31
Silphium Asset Management
London,
United Kingdom
| – | -$1.64M | -165,000 | Closed |
|
|
RCM
32
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$324K | -32,608 | Closed |
|
|
GT
33
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$109 | +11 | +22% |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | +$995 | +100 | New |
|
FVT.U Hedge Fund Activity: Q4 2021 in Review
32 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant (FVT.U) for Q4 2021, worth a combined $21.5M — down 17% from $26M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FVT.U positions and 3 closed out — a net gain of 1 holder — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $995K. The largest seller was Kepos Capital, exiting entirely with an estimated $3.52M sold.
- 32 institutional investors held Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant (FVT.U) as of Q4 2021, up from 31 in Q3 2021.
- Funds reported $21.5M of Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant stock for Q4 2021, down 17% quarter-over-quarter.
- 4 funds opened new Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant positions in Q4 2021 and 3 closed out, a net change of +1 holder.
- The largest Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant buyer in Q4 2021 was Westchester Capital Management (New York), an estimated $995K added.
- The largest Fortress Value Acquisition Corp. III Units, each consisting of one share of Class A common stock and one-fifth of one Warrant seller in Q4 2021 was Kepos Capital, an estimated $3.52M sold.
Based on aggregated 13F filings for Q4 2021.