BlackRock’s Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant PICC.U Stock Holding History

BlackRock’s Portfolio PICC.U Stock Details PICC.U Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q4	–	Sell	-552,197	Closed	-$5.44M	–	6005
2022 Q3	$5.44M	Hold	552,197	–	–	﹤0.01%	3718
2022 Q2	$5.41M	Sell	552,197 -13,760	-2%	-$135K	﹤0.01%	3786
2022 Q1	$5.54M	Sell	565,957 -1,685	-0.3%	-$16.6K	﹤0.01%	3902
2021 Q4	$5.62M	Hold	567,642	–	–	﹤0.01%	3946
2021 Q3	$5.61M	Sell	567,642 -3,786	-0.7%	-$37.5K	﹤0.01%	3915
2021 Q2	$5.71M	Hold	571,428	–	–	﹤0.01%	3834
2021 Q1	$5.71M	Buy	+571,428	New	+$5.88M	﹤0.01%	3878

Other funds holding PICC.U

CCM

Connective Capital Management Palo Alto, California $142M AUM 51.29% 1-Year Est. Return

Wealthspring Capital West Harrison, New York $448M AUM 8.38% 1-Year Est. Return

SIA

Schechter Investment Advisors Birmingham, Michigan $1.21B AUM 8.73% 1-Year Est. Return

AGM

Alpine Global Management New York $615M AUM 34.28% 1-Year Est. Return

Clear Street New York $39.5B AUM 124.03% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

BlackRock's PICC.U Position: Q4 2022 in Review

BlackRock sold out of Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (PICC.U) in Q4 2022, closing a stake of 552,197 shares — an estimated $5.44M sold.

BlackRock first reported a position in PICC.U in Q1 2021 and held it in 7 quarters. The position peaked at $5.71M in Q2 2021. 6 funds tracked by Wall St. Rank hold PICC.U as of Q4 2022.

BlackRock reported no remaining Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant position as of Q4 2022 after selling out during the quarter.
BlackRock sold 552,197 Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant shares in Q4 2022, an estimated $5.44M.
BlackRock first reported a position in Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant in Q1 2021 and held it in 7 quarters.
BlackRock's Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant position peaked at $5.71M in Q2 2021.
6 funds tracked by Wall St. Rank held Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant as of Q4 2022.

Based on BlackRock's 13F filing for Q4 2022, filed 13 Feb 2023.