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.
19 hedge funds and large institutions have $13.2M 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 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 4 closing their positions.
10% less funds holding
Funds holding: 21 → 19 (-2)
41% less capital invested
Capital invested by funds: $22.6M → $13.2M (-$9.36M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$59.2K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$19.7K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$5.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$3.96M |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$2.52M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
-$2.48M |
| 4 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$297K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$114K |
FZT.U Hedge Fund Activity: Q1 2022 in Review
19 of the 6,360 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 Q1 2022, worth a combined $13.2M — down 41% from $22.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FZT.U and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $59.2K. The largest seller was P. Schoenfeld Asset Management (PSAM), exiting entirely with an estimated $3.96M sold.
- 19 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 Q1 2022, down from 21 in Q4 2021.
- Funds reported $13.2M 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 Q1 2022, down 41% quarter-over-quarter.
- 2 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 Q1 2022 and 4 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 Q1 2022 was Clear Street, an estimated $59.2K 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 Q1 2022 was P. Schoenfeld Asset Management (PSAM), an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2022.