FTAC Zeus Acquisition Corp. Unit
ZINGU
ZINGU was delisted on the 10th of August, 2023.
25 hedge funds and large institutions have $46.8M invested in FTAC Zeus Acquisition Corp. Unit in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 7 closing their positions.
17% less funds holding
Funds holding: 30 → 25 (-5)
23% less capital invested
Capital invested by funds: $60.9M → $46.8M (-$14M)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$4.99M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$244K |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$130K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$7.93K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$997 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.4M |
| 2 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$2M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$1.66M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.28M |
| 5 |
Millennium Management
New York
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Verition Fund Management
Greenwich,
Connecticut
| – | -$3.4M | -340,947 | Closed |
|
|
GCM
27
Ghisallo Capital Management
Boston,
Massachusetts
| – | -$2M | -200,000 | Closed |
|
|
CL
28
CSS LLC
Chicago,
Illinois
| – | -$1.28M | -127,949 | Closed |
|
29
JP Morgan Chase
New York
| – | -$1M | -100,000 | Closed |
|
|
COPPSERS
30
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$265K | -26,500 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$194K | -19,445 | Closed |
|
|
CS
32
Clear Street
New York
| – | -$93K | -9,280 | Closed |
|
ZINGU Hedge Fund Activity: Q2 2022 in Review
25 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in FTAC Zeus Acquisition Corp. Unit (ZINGU) for Q2 2022, worth a combined $46.8M — down 23% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ZINGU and 2 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was HGC Investment Management, adding an estimated $4.99M. The largest seller was Verition Fund Management, exiting entirely with an estimated $3.4M sold.
- 25 institutional investors held FTAC Zeus Acquisition Corp. Unit (ZINGU) as of Q2 2022, down from 30 in Q1 2022.
- Funds reported $46.8M of FTAC Zeus Acquisition Corp. Unit stock for Q2 2022, down 23% quarter-over-quarter.
- 2 funds opened new FTAC Zeus Acquisition Corp. Unit positions in Q2 2022 and 7 closed out, a net change of -5 holders.
- The largest FTAC Zeus Acquisition Corp. Unit buyer in Q2 2022 was HGC Investment Management, an estimated $4.99M added.
- The largest FTAC Zeus Acquisition Corp. Unit seller in Q2 2022 was Verition Fund Management, an estimated $3.4M sold.
Based on aggregated 13F filings for Q2 2022.