FiscalNote
NOTE
NOTE was delisted on the 25th of March, 2026.
61 hedge funds and large institutions have $56.5M invested in FiscalNote in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 16 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 3.41% → 3.4% (-0.01%)
12% less funds holding
Funds holding: 69 → 61 (-8)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
45% less capital invested
Capital invested by funds: $103M → $56.5M (-$46.1M)
86% less call options, than puts
Call options by funds: $2K | Put options by funds: $14K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.8M |
| 2 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
+$412K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$132K |
| 4 |
State Street
Boston,
Massachusetts
|
+$130K |
| 5 |
BlackRock
New York
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.66M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$623K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$487K |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$396K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
76
Cutler Group
San Francisco,
California
| – | -$577 | -35 | -54% |
|
77
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$75 | -3 | Closed |
|
NOTE Hedge Fund Activity: Q4 2023 in Review
61 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in FiscalNote (NOTE) for Q4 2023, worth a combined $56.5M — down 45% from $103M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NOTE and 10 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 22 added.
The largest buyer was Morgan Stanley, adding an estimated $2.8M. The largest seller was Manatuck Hill Partners, exiting entirely with an estimated $1.66M sold.
- 61 institutional investors held FiscalNote (NOTE) as of Q4 2023, down from 69 in Q3 2023.
- Funds reported $56.5M of FiscalNote stock for Q4 2023, down 45% quarter-over-quarter.
- 10 funds opened new FiscalNote positions in Q4 2023 and 16 closed out, a net change of -6 holders.
- The largest FiscalNote buyer in Q4 2023 was Morgan Stanley, an estimated $2.8M added.
- The largest FiscalNote seller in Q4 2023 was Manatuck Hill Partners, an estimated $1.66M sold.
Based on aggregated 13F filings for Q4 2023.