Proficient Alpha Acquisition Corp. Unit
PAACU
PAACU was delisted on the 16th of June, 2020.
17 hedge funds and large institutions have $35.5M invested in Proficient Alpha Acquisition Corp. Unit in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
26% less funds holding
Funds holding: 23 → 17 (-6)
40% less capital invested
Capital invested by funds: $59.1M → $35.5M (-$23.6M)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$738K |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$14.3M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.26M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.01M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$1.27M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1M |
PAACU Hedge Fund Activity: Q3 2019 in Review
17 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Proficient Alpha Acquisition Corp. Unit (PAACU) for Q3 2019, worth a combined $35.5M — down 40% from $59.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PAACU and 0 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Boothbay Fund Management, adding an estimated $738K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $14.3M sold.
- 17 institutional investors held Proficient Alpha Acquisition Corp. Unit (PAACU) as of Q3 2019, down from 23 in Q2 2019.
- Funds reported $35.5M of Proficient Alpha Acquisition Corp. Unit stock for Q3 2019, down 40% quarter-over-quarter.
- 0 funds opened new Proficient Alpha Acquisition Corp. Unit positions in Q3 2019 and 6 closed out, a net change of -6 holders.
- The largest Proficient Alpha Acquisition Corp. Unit buyer in Q3 2019 was Boothbay Fund Management, an estimated $738K added.
- The largest Proficient Alpha Acquisition Corp. Unit seller in Q3 2019 was Polar Asset Management Partners, an estimated $14.3M sold.
Based on aggregated 13F filings for Q3 2019.