Proficient Alpha Acquisition Corp. Rights
PAACR
PAACR was delisted on the 16th of June, 2020.
22 hedge funds and large institutions have $1.1M invested in Proficient Alpha Acquisition Corp. Rights in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 0 closing their positions.
47% more funds holding
Funds holding: 15 → 22 (+7)
11% more capital invested
Capital invested by funds: $992K → $1.1M (+$110K)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$94.3K |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$85.3K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$48.9K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$34.5K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$25.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$203K |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$50.9K |
| 3 |
Walleye Trading
New York
|
-$1.6K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$107 |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$104 |
PAACR Hedge Fund Activity: Q1 2020 in Review
22 of the 4,548 institutional investors tracked by Wall St. Rank reported a position in Proficient Alpha Acquisition Corp. Rights (PAACR) for Q1 2020, worth a combined $1.1M — up 11% from $992K a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PAACR positions and 0 closed out — a net gain of 7 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Cowen and Company, adding an estimated $94.3K. The largest seller was Weiss Asset Management, cutting an estimated $203K.
- 22 institutional investors held Proficient Alpha Acquisition Corp. Rights (PAACR) as of Q1 2020, up from 15 in Q4 2019.
- Funds reported $1.1M of Proficient Alpha Acquisition Corp. Rights stock for Q1 2020, up 11% quarter-over-quarter.
- 7 funds opened new Proficient Alpha Acquisition Corp. Rights positions in Q1 2020 and 0 closed out, a net change of +7 holders.
- The largest Proficient Alpha Acquisition Corp. Rights buyer in Q1 2020 was Cowen and Company, an estimated $94.3K added.
- The largest Proficient Alpha Acquisition Corp. Rights seller in Q1 2020 was Weiss Asset Management, an estimated $203K sold.
Based on aggregated 13F filings for Q1 2020.