FiscalNote
NOTE
NOTE was delisted on the 25th of March, 2026.
22 hedge funds and large institutions have $240M invested in FiscalNote in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 4 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1.99% less ownership
Funds ownership: 4.91% → 2.92% (-2%)
4% less funds holding
Funds holding: 23 → 22 (-1)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less capital invested
Capital invested by funds: $368M → $240M (-$128M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.56M |
| 2 |
State Street
Boston,
Massachusetts
|
+$146K |
| 3 |
Millennium Management
New York
|
+$143K |
| 4 |
BlackRock
New York
|
+$122K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Maso Capital Partners
Hong Kong
|
-$163M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$94K |
| 3 |
VF
Virtu Financial
New York
|
-$80K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$79.5K |
| 5 |
Jane Street
New York
|
-$39.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -14 | Closed |
|
NOTE Hedge Fund Activity: Q4 2022 in Review
22 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in FiscalNote (NOTE) for Q4 2022, worth a combined $240M — down 35% from $368M a quarter earlier.
Fund positioning in NOTE was balanced in Q4 2022: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 5 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.56M. The largest seller was Maso Capital Partners, cutting an estimated $163M.
- 22 institutional investors held FiscalNote (NOTE) as of Q4 2022, down from 23 in Q3 2022.
- Funds reported $240M of FiscalNote stock for Q4 2022, down 35% quarter-over-quarter.
- 4 funds opened new FiscalNote positions in Q4 2022 and 4 closed out, a net change of 0 holders.
- The largest FiscalNote buyer in Q4 2022 was Vanguard Group, an estimated $2.56M added.
- The largest FiscalNote seller in Q4 2022 was Maso Capital Partners, an estimated $163M sold.
Based on aggregated 13F filings for Q4 2022.