FTAC Emerald Acquisition Corp.
FLD • XNAS
FTAC Emerald Acquisition Corp. is a finance services company on XNAS, led by Will Reeves, with a market cap of $151.7M. As of Q3 2025, 7% of shares are held by 35 institutional investors, with VANGUARD GROUP INC as the largest holder at 3.79%.
Chief Executive Officer and Chairman of the Board of DirectorsWill Reeves
Market Cap$151.7M
FINANCE SERVICES
Overview
Overview of institutional ownership in FLD as of Q3 2025 with a market cap of $180.6M
All Institutions
- Institutions
- 35
- Value Held
- $12.5M
- Shares Held
- 3.7M
- Avg Position
- $356.8K
- Median Position
- $88.3K
Hedge Funds
- Hedge Funds
- 3
- Value Held
- $487.1K
- Shares Held
- 126.2K
- Avg Position
- $162.4K
- Median Position
- $96.9K
Ownership Breakdown
Based on market cap of $180.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in FLD as of Q3 2025
| Institution | Position Value |
|---|---|
 VANGUARD GROUP INC Institution | $6.9M 0.00% of portfolio |
B Blue Owl Capital Holdings LP Institution | $1.4M 0.45% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $721.2K 0.00% of portfolio |
 Baird Financial Group, Inc. Private Equity | $405.9K 0.00% of portfolio |
 Union Square Park Capital Management, LLC Hedge Fund•Event Driven | $344.0K 0.24% of portfolio |
 UBS Group AG Institution | $326.8K 0.00% of portfolio |
V Vontobel Holding Ltd. Institution | $309.2K 0.00% of portfolio |
 Marshall Wace LLP Institution | $246.5K 0.00% of portfolio |
 Cypress Point Wealth Management, LLC RIA/Wealth | $210.4K 0.04% of portfolio |
 Evernest Financial Advisors, LLC RIA/Wealth | $164.8K 0.05% of portfolio |
Net Capital Flow
Institutional buying and selling activity for FLD in Q3 2025
- Traded
- +$7.0M
- Buyers
- 25
- Sellers
- 12
- Total Bought
- +$8.0M
- Total Sold
- −$1.1M
- Avg Position
- $283.8K
Biggest Buyers
| Institution | Net Bought |
|---|---|
VANGUARD GROUP INC Institution | +$5.9M +1.5M shares |
V Vontobel Holding Ltd. Institution | +$309.2K +80.1K shares |
Marshall Wace LLP Institution | +$246.5K +63.9K shares |
Cypress Point Wealth Management, LLC RIA/Wealth | +$210.4K +54.5K shares |
Evernest Financial Advisors, LLC RIA/Wealth | +$164.8K +42.7K shares |
 Mariner Wealth Advisors, LLC RIA/Wealth | +$152.4K +39.5K shares |
Union Square Park Capital Management, LLC Hedge Fund•Event Driven | +$115.7K +30.0K shares |
UBS Group AG Institution | +$113.1K +29.3K shares |
X XTX Topco Ltd Institution | +$108.9K +28.2K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$96.9K +25.1K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 Atlas Merchant Capital LLC Private Equity | −$479.7K −113.4K shares |
 Polar Securities Inc. Hedge Fund•Multi-Strategy | −$418.3K −98.9K shares |
 DLD Asset Management, LP Hedge Fund•Multi-Strategy | −$101.8K −24.1K shares |
H Harvest Portfolios Group Inc. Institution | −$42.6K −10.1K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | −$3.4K −800.0 shares |
A Advisor Group Holdings, Inc. Institution | −$3.3K −913.0 shares |
R ROYAL BANK OF CANADA Institution | −$2.7K −628.0 shares |
N NATIONAL BANK OF CANADA /FI/ Institution | −$1.6K −380.0 shares |
 HHM Wealth Advisors, LLC RIA/Wealth | −$423.0 −100.0 shares |
S SBI Securities Co., Ltd. Institution | −$119.7 −31.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited FLD in Q3 2025
- New Positions
- 16
- New Value
- $1.7M
- Exited Positions
- 9
- Exited Value
- $1.1M
New Positions
| Institution | Position Value |
|---|---|
V Vontobel Holding Ltd. Institution | $309.2K 80.1K shares |
Marshall Wace LLP Institution | $246.5K 63.9K shares |
Cypress Point Wealth Management, LLC RIA/Wealth | $210.4K 54.5K shares |
Evernest Financial Advisors, LLC RIA/Wealth | $164.8K 42.7K shares |
Mariner Wealth Advisors, LLC RIA/Wealth | $152.4K 39.5K shares |
X XTX Topco Ltd Institution | $108.9K 28.2K shares |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $96.9K 25.1K shares |
S Shay Capital LLC Institution | $91.9K 23.8K shares |
S SIMPLEX TRADING, LLC Institution | $82.7K 21.4K shares |
L LMR Partners LLP Institution | $58.1K 15.1K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Atlas Merchant Capital LLC Private Equity | $479.7K 113.4K shares |
Polar Securities Inc. Hedge Fund•Multi-Strategy | $418.3K 98.9K shares |
DLD Asset Management, LP Hedge Fund•Multi-Strategy | $101.8K 24.1K shares |
H Harvest Portfolios Group Inc. Institution | $42.6K 10.1K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | $3.4K 800.0 shares |
R ROYAL BANK OF CANADA Institution | $2.7K 628.0 shares |
N NATIONAL BANK OF CANADA /FI/ Institution | $1.6K 380.0 shares |
HHM Wealth Advisors, LLC RIA/Wealth | $423.0 100.0 shares |
S SWAN Capital LLC RIA/Wealth | $21.0 5.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in FLD as of Q3 2025
- Call Positions
- 3
- Call Value
- $682.8K
- Put Positions
- 2
- Put Value
- $487.5K
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $460.1K 1.2K contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $181.0K 469.0 contracts |
 BANK OF AMERICA CORP /DE/ Institution | $41.7K 108.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $407.2K 1.1K contracts |
J JANE STREET GROUP, LLC Institution | $80.3K 208.0 contracts |
Most Committed Institutions
Institutions with FLD as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
B Blue Owl Capital Holdings LP Institution | 0.45% $1.4M |
Union Square Park Capital Management, LLC Hedge Fund•Event Driven | 0.24% $344.0K |
Evernest Financial Advisors, LLC RIA/Wealth | 0.05% $164.8K |
Cypress Point Wealth Management, LLC RIA/Wealth | 0.04% $210.4K |
S Shay Capital LLC Institution | 0.02% $91.9K |
 SevenBridge Financial Group, LLC RIA/Wealth | 0.01% $38.6K |
X XTX Topco Ltd Institution | 0.01% $108.9K |
V Van Hulzen Asset Management, LLC Institution | 0.00% $39.0K |
 Golden State Wealth Management, LLC RIA/Wealth | 0.00% $22.8K |
S SIMPLEX TRADING, LLC Institution | 0.00% $82.7K |
Hedge Fund Spotlight
Discover hedge funds investing in FLD
Union Square Park Capital Management, LLC
Hedge Fund • Event Driven
Portfolio ManagerLeon Michael Zaltzman
- Portfolio Value
- $143.6M
- Positions
- 44
- Last Reported
- Q3 2025
Sector Allocation
Position in FTAC Emerald Acquisition Corp.
- Market Value
- $344.0K
- Shares Held
- 89.1K
- Portfolio Weight
- 0.24%
- Owned Since
- 2025-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Specialty Retail Consumer Cyclical | $10.2M | 7.07% | |
Software - Application Technology | $9.2M | 6.43% | |
Gambling, Resorts & Casinos Consumer Cyclical | $9.2M | 6.40% |
