Wells Fargo’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

Wells Fargo’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
2022 Q1	–	Sell	-4,146	Closed	-$42K	–	8253
2021 Q4	$42K	Sell	4,146 -861,405	-100%	-$8.87M	﹤0.01%	6057
2021 Q3	$8.65M	Sell	865,551 -1,470	-0.2%	-$14.8K	﹤0.01%	2338
2021 Q2	$8.77M	Sell	867,021 -455,966	-34%	-$4.68M	﹤0.01%	2325
2021 Q1	$13.6M	Sell	1,322,987 -104,804	-7%	-$1.28M	﹤0.01%	1954
2020 Q4	$14.7M	Buy	+1,427,791	New	+$14.8M	﹤0.01%	1780

Other funds holding PIPP.U

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

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

SMA

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

Level Four Advisory Services Dallas, Texas $3.54B AUM 37.12% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $7.02B AUM 31.58% 1-Year Est. Return

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Wells Fargo's PIPP.U Position: Q1 2022 in Review

Wells Fargo 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 Q1 2022, closing a stake of 4,146 shares — an estimated $42K sold.

Wells Fargo first reported a position in PIPP.U in Q4 2020 and held it in 5 quarters. The position peaked at $14.7M in Q4 2020. 12 funds tracked by Wall St. Rank hold PIPP.U as of Q1 2022.

Wells Fargo 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 Q1 2022 after selling out during the quarter.
Wells Fargo sold 4,146 Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant shares in Q1 2022, an estimated $42K.
Wells Fargo 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 5 quarters.
Wells Fargo'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 $14.7M in Q4 2020.
12 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 Q1 2022.

Based on Wells Fargo's 13F filing for Q1 2022, filed 16 May 2022.