Franklin Resources’s Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant PIPP.U Stock Holding History

Franklin Resources’s Portfolio PIPP.U Stock Details PIPP.U Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2021 Q4	–	Sell	-388,600	Closed	-$3.91M	–	2582
2021 Q3	$3.91M	Hold	388,600	–	–	﹤0.01%	1262
2021 Q2	$3.93M	Hold	388,600	–	–	﹤0.01%	1195
2021 Q1	$4M	Sell	388,600 -111,400	-22%	-$1.36M	﹤0.01%	1163
2020 Q4	$5.16M	Buy	+500,000	New	+$5.17M	﹤0.01%	1091

Other funds holding PIPP.U

Allspring Global Investments Charlotte, North Carolina $65.2B AUM 39.42% 1-Year Est. Return

Magnetar Financial Evanston, Illinois $11B AUM 3.37% 1-Year Est. Return

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

Exane Derivatives Paris, France $174M AUM 7.84% 1-Year Est. Return

Citadel Advisors Miami, Florida $875B AUM 40.89% 1-Year Est. Return

SIA

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

HRT Financial New York $54.8B AUM 81.03% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $104B AUM 28.3% 1-Year Est. Return

Virtu Financial New York $3.18B AUM 65.92% 1-Year Est. Return

SMA

Sage Mountain Advisors Atlanta, Georgia $1.63B AUM 18.97% 1-Year Est. Return

Franklin Resources's PIPP.U Position: Q4 2021 in Review

Franklin Resources sold out of Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (PIPP.U) in Q4 2021, closing a stake of 388,600 shares — an estimated $3.91M sold.

Franklin Resources first reported a position in PIPP.U in Q4 2020 and held it in 4 quarters. The position peaked at $5.16M in Q4 2020. 17 funds tracked by Wall St. Rank hold PIPP.U as of Q4 2021.

Franklin Resources reported no remaining Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant position as of Q4 2021 after selling out during the quarter.
Franklin Resources sold 388,600 Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant shares in Q4 2021, an estimated $3.91M.
Franklin Resources first reported a position in Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in Q4 2020 and held it in 4 quarters.
Franklin Resources's Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant position peaked at $5.16M in Q4 2020.
17 funds tracked by Wall St. Rank held Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant as of Q4 2021.

Based on Franklin Resources's 13F filing for Q4 2021, filed 11 Feb 2022.