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.
25 hedge funds and large institutions have $15.9M 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 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
22% less funds holding
Funds holding: 32 → 25 (-7)
26% less capital invested
Capital invested by funds: $21.5M → $15.9M (-$5.53M)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$180K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$17K |
| 3 |
Walleye Capital
New York
|
+$14.4K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$12.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$8.37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$3.24M |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$496K |
| 3 |
Millennium Management
New York
|
-$495K |
| 4 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$446K |
| 5 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
-$409K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QGA
26
Q Global Advisors
Fort Worth,
Texas
| – | -$446K | -44,995 | Closed |
|
|
CCMU
27
Cheyne Capital Management (UK)
London,
United Kingdom
| – | -$409K | -41,275 | Closed |
|
28
Nomura Holdings
Tokyo,
Japan
| – | -$256K | -25,799 | Closed |
|
29
Verition Fund Management
Greenwich,
Connecticut
| – | -$251K | -25,306 | Closed |
|
30
Rockefeller Capital Management
New York
| – | -$29K | -3,000 | Closed |
|
|
AA
31
Ancora Advisors
Cleveland,
Ohio
| – | -$2K | -200 | Closed |
|
FVT.U Hedge Fund Activity: Q1 2022 in Review
25 of the 6,340 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 Q1 2022, worth a combined $15.9M — down 26% from $21.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FVT.U and 1 opened new positions — a net loss of 7 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $180K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $3.24M sold.
- 25 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 Q1 2022, down from 32 in Q4 2021.
- Funds reported $15.9M 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 Q1 2022, down 26% quarter-over-quarter.
- 1 fund 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 Q1 2022 and 8 closed out, a net change of -7 holders.
- 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 Q1 2022 was Susquehanna International Group, an estimated $180K 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 Q1 2022 was Glazer Capital LLC, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2022.