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.
4 hedge funds and large institutions have $1.49M 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 Q4 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 8 closing their positions.
67% less funds holding
Funds holding: 12 → 4 (-8)
76% less capital invested
Capital invested by funds: $6.17M → $1.49M (-$4.68M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$2.18M |
| 2 |
HF
HRT Financial
New York
|
-$725K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$566K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$448K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$419K |
FZT.U Hedge Fund Activity: Q4 2022 in Review
4 of the 6,237 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 2022, worth a combined $1.49M — down 76% from $6.17M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FZT.U and 0 opened new positions — a net loss of 8 holders — while 4 trimmed existing stakes and 0 added.
The largest seller was TIG Advisors LLC, exiting entirely with an estimated $2.18M sold.
- 4 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 2022, down from 12 in Q3 2022.
- Funds reported $1.49M 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 2022, down 76% 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 Q4 2022 and 8 closed out, a net change of -8 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 seller in Q4 2022 was TIG Advisors LLC, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2022.