PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
PACI.U
PACI.U was delisted on the 1st of December, 2023.
27 hedge funds and large institutions have $82.3M invested in PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 55 closing their positions.
67% less funds holding
Funds holding: 82 → 27 (-55)
69% less capital invested
Capital invested by funds: $270M → $82.3M (-$187M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
+$80.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$13.1M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$10.1M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$9.51M |
| 4 |
Goldman Sachs
New York
|
-$8.63M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.51M |
PACI.U Hedge Fund Activity: Q1 2022 in Review
27 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PACI.U) for Q1 2022, worth a combined $82.3M — down 69% from $270M a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of PACI.U and 0 opened new positions — a net loss of 55 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was RPO LLC, adding an estimated $80.2K. The largest seller was Cubist Systematic Strategies, exiting entirely with an estimated $13.1M sold.
- 27 institutional investors held PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PACI.U) as of Q1 2022, down from 82 in Q4 2021.
- Funds reported $82.3M of PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2022, down 69% quarter-over-quarter.
- 0 funds opened new PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q1 2022 and 55 closed out, a net change of -55 holders.
- The largest PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q1 2022 was RPO LLC, an estimated $80.2K added.
- The largest PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q1 2022 was Cubist Systematic Strategies, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2022.