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.
12 hedge funds and large institutions have $6.17M 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 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 6 closing their positions.
33% less funds holding
Funds holding: 18 → 12 (-6)
43% less capital invested
Capital invested by funds: $10.9M → $6.17M (-$4.74M)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$135K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.5M |
| 2 |
Goldman Sachs
New York
|
-$978K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$646K |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$391K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$372K |
FZT.U Hedge Fund Activity: Q3 2022 in Review
12 of the 5,828 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 2022, worth a combined $6.17M — down 43% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FZT.U and 0 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $135K. The largest seller was Magnetar Financial, exiting entirely with an estimated $1.5M sold.
- 12 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 2022, down from 18 in Q2 2022.
- Funds reported $6.17M 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 2022, down 43% quarter-over-quarter.
- 0 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 Q3 2022 and 6 closed out, a net change of -6 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 2022 was Jane Street, an estimated $135K 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 2022 was Magnetar Financial, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2022.