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 $9.27M 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 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
42% less capital invested
Capital invested by funds: $15.9M → $9.27M (-$6.66M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.08M |
| 2 |
CS
Clear Street
New York
|
+$246K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$244K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$120K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$14.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.27M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$580K |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$520K |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$496K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$482K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BSP
26
Benefit Street Partners
New York
| – | -$198K | -20,000 | Closed |
|
27
Morgan Stanley
New York
| – | -$31K | -3,098 | Closed |
|
FVT.U Hedge Fund Activity: Q2 2022 in Review
25 of the 5,936 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 Q2 2022, worth a combined $9.27M — down 42% from $15.9M a quarter earlier.
Fund positioning in FVT.U was balanced in Q2 2022: 4 funds opened new positions, 4 closed out, 3 added to existing stakes and 7 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.08M. The largest seller was Magnetar Financial, cutting an estimated $1.27M.
- 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 Q2 2022, unchanged from Q1 2022.
- Funds reported $9.27M 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 Q2 2022, down 42% 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 Q2 2022 and 4 closed out, a net change of 0 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 Q2 2022 was Rivernorth Capital Management, an estimated $1.08M 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 Q2 2022 was Magnetar Financial, an estimated $1.27M sold.
Based on aggregated 13F filings for Q2 2022.