FAST Acquisition Corp. II
FZT was delisted on the 5th of October, 2023.
14 hedge funds and large institutions have $37M invested in FAST Acquisition Corp. II in 2023 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 16 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
47% less capital invested
Capital invested by funds: $70M → $37M (-$33.1M)
53% less funds holding
Funds holding: 30 → 14 (-16)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$2.55M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$1M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$614K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
-$5.87M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.7M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$4.15M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$3.95M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$3.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Goldman Sachs
New York
| – | -$1.04M | -100,000 | Closed |
|
|
CAC
27
Cowen and Company
New York
| – | -$1.04M | -99,934 | Closed |
|
|
TCM
28
Tuttle Capital Management
Riverside,
Connecticut
| – | -$803K | -77,143 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$491K | -47,232 | Closed |
|
|
SSA
30
Schonfeld Strategic Advisors
New York
| – | -$170K | -16,317 | Closed |
|
FZT Hedge Fund Activity: Q3 2023 in Review
14 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FAST Acquisition Corp. II (FZT) for Q3 2023, worth a combined $37M — down 47% from $70M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FZT and 0 opened new positions — a net loss of 16 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Clear Street, adding an estimated $2.55M. The largest seller was Centiva Capital, exiting entirely with an estimated $5.87M sold.
- 14 institutional investors held FAST Acquisition Corp. II (FZT) as of Q3 2023, down from 30 in Q2 2023.
- Funds reported $37M of FAST Acquisition Corp. II stock for Q3 2023, down 47% quarter-over-quarter.
- 0 funds opened new FAST Acquisition Corp. II positions in Q3 2023 and 16 closed out, a net change of -16 holders.
- The largest FAST Acquisition Corp. II buyer in Q3 2023 was Clear Street, an estimated $2.55M added.
- The largest FAST Acquisition Corp. II seller in Q3 2023 was Centiva Capital, an estimated $5.87M sold.
Based on aggregated 13F filings for Q3 2023.