FTAC Zeus Acquisition Corp. Unit
ZINGU
ZINGU was delisted on the 10th of August, 2023.
30 hedge funds and large institutions have $60.9M invested in FTAC Zeus Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 68 closing their positions.
68% less funds holding
Funds holding: 95 → 30 (-65)
84% less capital invested
Capital invested by funds: $391M → $60.9M (-$330M)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
96% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 68
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$206K |
| 2 |
CS
Clear Street
New York
|
+$93K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$802 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$36.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$16.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$14.7M |
| 4 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$13.6M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$11.1M |
ZINGU Hedge Fund Activity: Q1 2022 in Review
30 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in FTAC Zeus Acquisition Corp. Unit (ZINGU) for Q1 2022, worth a combined $60.9M — down 84% from $391M a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of ZINGU and 3 opened new positions — a net loss of 65 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $206K. The largest seller was Saba Capital Management, exiting entirely with an estimated $36.2M sold.
- 30 institutional investors held FTAC Zeus Acquisition Corp. Unit (ZINGU) as of Q1 2022, down from 95 in Q4 2021.
- Funds reported $60.9M of FTAC Zeus Acquisition Corp. Unit stock for Q1 2022, down 84% quarter-over-quarter.
- 3 funds opened new FTAC Zeus Acquisition Corp. Unit positions in Q1 2022 and 68 closed out, a net change of -65 holders.
- The largest FTAC Zeus Acquisition Corp. Unit buyer in Q1 2022 was Cubist Systematic Strategies, an estimated $206K added.
- The largest FTAC Zeus Acquisition Corp. Unit seller in Q1 2022 was Saba Capital Management, an estimated $36.2M sold.
Based on aggregated 13F filings for Q1 2022.