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.
21 hedge funds and large institutions have $22.6M 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 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
9% less funds holding
Funds holding: 23 → 21 (-2)
15% less capital invested
Capital invested by funds: $26.4M → $22.6M (-$3.83M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$372K |
| 2 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$298K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$12.5K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$12.1K |
| 5 |
Jane Street
New York
|
+$5.97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.02M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$1.49M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$580K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$254K |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$198K |
FZT.U Hedge Fund Activity: Q4 2021 in Review
21 of the 6,518 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 Q4 2021, worth a combined $22.6M — down 15% from $26.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FZT.U and 5 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $372K. The largest seller was Citadel Advisors, exiting entirely with an estimated $5.02M sold.
- 21 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 Q4 2021, down from 23 in Q3 2021.
- Funds reported $22.6M 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 Q4 2021, down 15% quarter-over-quarter.
- 5 funds 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 Q4 2021 and 7 closed out, a net change of -2 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 Q4 2021 was Cubist Systematic Strategies, an estimated $372K 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 Q4 2021 was Citadel Advisors, an estimated $5.02M sold.
Based on aggregated 13F filings for Q4 2021.