Investing
Senyun International Discloses Position in Electric Car Maker Faraday Future
Published:
Author(s): Fintel Staff
Fintel reports that Senyun International Ltd. has filed a 13G form with the SEC disclosing ownership of 25,333,333 shares of Faraday Future Intelligent Electric Inc. (FFIE). This represents 6.15% of the company.
Established in May 2014, FF is a global shared intelligent mobility ecosystem company, headquartered in Los Angeles, California. FF’s vision is to create a shared intelligent mobility ecosystem that empowers everyone to move, connect, breathe, and live freely. FF aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the Internet and new usership models.
What are other large shareholders doing?
Ionic Capital Management LLC holds 4,320,827 shares representing 1.03% ownership of the company. In it’s prior filing, the firm reported owning 4,330,827 shares, representing a decrease of 0.23%. The firm decreased its portfolio allocation in FFIE by 63.56% over the last quarter.
Millennium Management Llc holds 3,099,939 shares representing 0.74% ownership of the company. In it’s prior filing, the firm reported owning 1,519,419 shares, representing an increase of 50.99%. The firm decreased its portfolio allocation in FFIE by 46.48% over the last quarter.
Qube Research & Technologies Ltd holds 2,925,155 shares representing 0.69% ownership of the company. In it’s prior filing, the firm reported owning 211,464 shares, representing an increase of 92.77%. The firm increased its portfolio allocation in FFIE by 173.17% over the last quarter.
Renaissance Technologies Llc holds 2,779,100 shares representing 0.66% ownership of the company. In it’s prior filing, the firm reported owning 175,400 shares, representing an increase of 93.69%. The firm increased its portfolio allocation in FFIE by 363.32% over the last quarter.
Skaana Management L.P. holds 2,600,113 shares representing 0.62% ownership of the company. In it’s prior filing, the firm reported owning 2,013,181 shares, representing an increase of 22.57%. The firm decreased its portfolio allocation in FFIE by 34.76% over the last quarter.
There are 213 funds or institutions reporting positions in Faraday Future Intelligent Electric Inc.. This is an increase of 43 owner(s) or 25.29%.
Average portfolio weight of all funds dedicated to Faraday Future Intelligent Electric Inc. is 0.0240%, a decrease of 94.6555%. Total shares owned by institutions decreased in the last three months by 24.76% to 57,666,529 shares.
This article originally appeared on Fintel.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
