Proficient Alpha Acquisition Corp. Unit
PAACU
PAACU was delisted on the 16th of June, 2020.
9 hedge funds and large institutions have $19.1M invested in Proficient Alpha Acquisition Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40% less funds holding
Funds holding: 15 → 9 (-6)
45% less capital invested
Capital invested by funds: $34.6M → $19.1M (-$15.4M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.92M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$2.85M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.83M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$2M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$1.46M |
PAACU Hedge Fund Activity: Q1 2020 in Review
9 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Proficient Alpha Acquisition Corp. Unit (PAACU) for Q1 2020, worth a combined $19.1M — down 45% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PAACU and 0 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 0 added.
The largest seller was Periscope Capital, exiting entirely with an estimated $3.92M sold.
- 9 institutional investors held Proficient Alpha Acquisition Corp. Unit (PAACU) as of Q1 2020, down from 15 in Q4 2019.
- Funds reported $19.1M of Proficient Alpha Acquisition Corp. Unit stock for Q1 2020, down 45% quarter-over-quarter.
- 0 funds opened new Proficient Alpha Acquisition Corp. Unit positions in Q1 2020 and 6 closed out, a net change of -6 holders.
- The largest Proficient Alpha Acquisition Corp. Unit seller in Q1 2020 was Periscope Capital, an estimated $3.92M sold.
Based on aggregated 13F filings for Q1 2020.