Proficient Alpha Acquisition Corp. Unit
PAACU
PAACU was delisted on the 16th of June, 2020.
15 hedge funds and large institutions have $34.6M invested in Proficient Alpha Acquisition Corp. Unit in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $32.2M → $34.6M (+$2.34M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 17 → 15 (-2)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$1.28M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$668K |
| 3 |
Walleye Trading
New York
|
+$313K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.64M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.25M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.02M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$361K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$33.2K |
PAACU Hedge Fund Activity: Q4 2019 in Review
15 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Proficient Alpha Acquisition Corp. Unit (PAACU) for Q4 2019, worth a combined $34.6M — up 7.3% from $32.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PAACU and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $1.28M. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $1.64M sold.
- 15 institutional investors held Proficient Alpha Acquisition Corp. Unit (PAACU) as of Q4 2019, down from 17 in Q3 2019.
- Funds reported $34.6M of Proficient Alpha Acquisition Corp. Unit stock for Q4 2019, up 7.3% quarter-over-quarter.
- 1 fund opened new Proficient Alpha Acquisition Corp. Unit positions in Q4 2019 and 3 closed out, a net change of -2 holders.
- The largest Proficient Alpha Acquisition Corp. Unit buyer in Q4 2019 was Cowen and Company, an estimated $1.28M added.
- The largest Proficient Alpha Acquisition Corp. Unit seller in Q4 2019 was Gabelli & Co Investment Advisers, an estimated $1.64M sold.
Based on aggregated 13F filings for Q4 2019.