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.
18 hedge funds and large institutions have $10.9M 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 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.
5% less funds holding
Funds holding: 19 → 18 (-1)
17% less capital invested
Capital invested by funds: $13.2M → $10.9M (-$2.29M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$349K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$145K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$88.2K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$5.7K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$5.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.46M |
| 2 |
TAL
TIG Advisors LLC
New York
|
-$684K |
| 3 |
GC
Gillson Capital
Chicago,
Illinois
|
-$343K |
| 4 |
EAM
Exos Asset Management
New York
|
-$196K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$97.5K |
FZT.U Hedge Fund Activity: Q2 2022 in Review
18 of the 5,959 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 Q2 2022, worth a combined $10.9M — down 17% from $13.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FZT.U and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was Clear Street, adding an estimated $349K. The largest seller was Magnetar Financial, cutting an estimated $1.46M.
- 18 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 Q2 2022, down from 19 in Q1 2022.
- Funds reported $10.9M 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 Q2 2022, down 17% 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 Q2 2022 and 2 closed out, a net change of -1 holder.
- 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 Q2 2022 was Clear Street, an estimated $349K 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 Q2 2022 was Magnetar Financial, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2022.