Who owns FMACU
Which tracked institutional funds hold FMACU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FMACU company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
11 tracked funds added or opened FMACU while 8 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
FMACU’s largest tracked holder by dollar value, Karpus Management, Inc., sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FMACU divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 34 tracked filers holding FMACU, 16 increased or opened the position and 13 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in FMACU between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 4
- Karpus Management, Inc.$12M
- RIVERNORTH CAPITAL MANAGEMENT, LLC$4M
- Westchester Capital Management, LLC$2M
- TORONTO DOMINION BANK$885K
Full exits 7
- JPMORGAN CHASE & CO$9M
- Sculptor Capital LP$8M
- Decagon Asset Management LLP$8M
- Harraden Circle Investments, LLC$4M
- Shaolin Capital Management LLC$2M
- GLAZER CAPITAL, LLC$1M
Largest adds
- MIZUHO SECURITIES USA LLC$6M
- RLH Capital LLC$4M
- Quarry LP$4M
- Clear Street Group Inc.$1M
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$1M
- MANGROVE PARTNERS IM, LLC$606K
Largest trims
- Lineage Point Capital LP$327K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Karpus Management, Inc. new | 1,163,950 | $12M | 8.2% | 2026-Q2 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 1,064,000 | $11M | 7.5% | 2026-Q2 |
| Linden Advisors LP | 750,000 | $7M | 5.3% | 2026-Q2 |
| MIZUHO SECURITIES USA LLC added | 611,522 | $6M | 4.3% | 2026-Q2 |
| First Trust Capital Management L.P. | 600,000 | $6M | 4.2% | 2026-Q2 |
| RLH Capital LLC added | 575,000 | $6M | 4.1% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC | 561,985 | $6M | 4.0% | 2026-Q2 |
| BERKLEY W R CORP | 540,732 | $5M | 3.8% | 2026-Q2 |
| Quarry LP added | 487,500 | $5M | 3.4% | 2026-Q2 |
| MANGROVE PARTNERS IM, LLC added | 405,259 | $4M | 2.9% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. | 400,000 | $4M | 2.9% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC new | 390,000 | $4M | 2.8% | 2026-Q2 |
| Magnetar Financial LLC | 375,000 | $4M | 2.6% | 2026-Q2 |
| WHITEBOX ADVISORS LLC | 350,000 | $3M | 2.5% | 2026-Q2 |
| HEIGHTS CAPITAL MANAGEMENT, INC | 300,000 | $3M | 2.1% | 2026-Q2 |
| Radcliffe Capital Management, L.P. | 250,000 | $2M | 1.8% | 2026-Q2 |
| Westchester Capital Management, LLC new | 250,000 | $2M | 1.8% | 2026-Q2 |
| Lineage Point Capital LP trimmed | 239,035 | $2M | 1.7% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 181,250 | $2M | 1.3% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 178,851 | $2M | 1.3% | 2026-Q2 |
| Calamos Advisors LLC | 175,000 | $2M | 1.3% | 2026-Q2 |
| Yakira Capital Management, Inc. | 150,000 | $2M | 1.1% | 2026-Q2 |
| AQR Arbitrage LLC | 140,850 | $1M | 1.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 109,150 | $1M | 0.8% | 2026-Q2 |
| Clear Street Group Inc. added | 92,606 | $924K | 0.7% | 2026-Q2 |
| TORONTO DOMINION BANK new | 74,873 | $758K | 0.5% | 2026-Q2 |
| L1 Global Manager Pty Ltd | 65,000 | $658K | 0.5% | 2026-Q2 |
| Parallax Volatility Advisers, L.P. added | 63,592 | $644K | 0.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 47,640 | $475K | 0.3% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC new | 34,947 | $354K | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC new | 20,601 | $208K | 0.1% | 2026-Q2 |
| ABC ARBITRAGE SA | 20,000 | $200K | 0.1% | 2026-Q2 |
| StoneX Group Inc. added | 16,800 | $168K | 0.1% | 2026-Q2 |
| UBS Group AG new | 777 | $8K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 950,000 | $9M | 6.7% | 2026-Q1 stale (1 quarter behind) |
| Sculptor Capital LP new | 850,000 | $8M | 6.0% | 2026-Q1 stale (1 quarter behind) |
| Decagon Asset Management LLP new | 844,320 | $8M | 6.0% | 2026-Q1 stale (1 quarter behind) |
| Harraden Circle Investments, LLC new | 375,000 | $4M | 2.6% | 2026-Q1 stale (1 quarter behind) |
| Shaolin Capital Management LLC new | 200,000 | $2M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC new | 125,000 | $1M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| METEORA CAPITAL, LLC new | 69,824 | $697K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Warberg Asset Management LLC new | 35,000 | $350K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Virtu Financial LLC new | 25,363 | $253K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| TrueMark Investments, LLC new | 10,000 | $100K | 0.1% | 2026-Q1 stale (1 quarter behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.