FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant
FZT.U
FZT.U was delisted on the 5th of October, 2023.
23 hedge funds and large institutions have $26.4M invested in FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 14 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
36% less funds holding
Funds holding: 36 → 23 (-13)
58% less capital invested
Capital invested by funds: $62.9M → $26.4M (-$36.5M)
93% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$76.3K |
| 2 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$21.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$10.8K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.75K |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$4.38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.12M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$6.05M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$4.09M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.01M |
| 5 |
CC
Centiva Capital
New York
|
-$3.01M |
FZT.U Hedge Fund Activity: Q3 2021 in Review
23 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant (FZT.U) for Q3 2021, worth a combined $26.4M — down 58% from $62.9M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FZT.U and 1 opened new positions — a net loss of 13 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Wealthspring Capital, adding an estimated $76.3K. The largest seller was Periscope Capital, exiting entirely with an estimated $8.12M sold.
- 23 institutional investors held FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant (FZT.U) as of Q3 2021, down from 36 in Q2 2021.
- Funds reported $26.4M of FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant stock for Q3 2021, down 58% quarter-over-quarter.
- 1 fund opened new FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant positions in Q3 2021 and 14 closed out, a net change of -13 holders.
- The largest FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant buyer in Q3 2021 was Wealthspring Capital, an estimated $76.3K added.
- The largest FAST Acquisition Corp. II Units, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant seller in Q3 2021 was Periscope Capital, an estimated $8.12M sold.
Based on aggregated 13F filings for Q3 2021.