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PACI.U

PROOF Acquisition Corp I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant

Delisted

PACI.U was delisted on the 1st of December, 2023.

18 hedge funds and large institutions have $38.9M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% less funds holding

Funds holding: 2118 (-3)

24% less capital invested

Capital invested by funds: $51.2M → $38.9M (-$12.3M)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
18
Holders Change
-3
Holders Change %
-14.29%
% of All Funds
0.31%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
1
Reduced
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Calamos Advisors
1
Calamos Advisors
Illinois
$15M
CCA
2
Castle Creek Arbitrage
Colorado
$6.11M
SIM
3
Sandia Investment Management
Massachusetts
$4.03M
WCMNY
4
Westchester Capital Management (New York)
New York
$3.98M
RCM
5
Rivernorth Capital Management
Florida
$2.2M
LP
6
LMR Partners
United Kingdom
$1.51M
BFM
7
Boothbay Fund Management
New York
$1.43M
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$1.11M
CIM
9
Cowen Investment Management
New York
$1.01M
RL
10
RPO LLC
Connecticut
$609K
ICM
11
III Capital Management
Florida
$503K
Walleye Capital
12
Walleye Capital
New York
$483K
SSA
13
Schonfeld Strategic Advisors
New York
$400K
Walleye Trading
14
Walleye Trading
New York
$272K
WAM
15
Wolverine Asset Management
Illinois
$166K
CS
16
Clear Street
New York
$100K +$96.1K +9,600 +2,400%
UBS Group
17
UBS Group
Switzerland
$15K
MF
18
Magnetar Financial
Illinois
-$22K -2,251,700 Closed
BCM
19
Basso Capital Management
Connecticut
-$4.96M -500,000 Closed
MP
20
Mangrove Partners
Connecticut
-$4.33M -436,900 Closed
ACM
21
Atalaya Capital Management
New York
-$3.99M -400,000 Closed
Mirae Asset Global Investments
22
Mirae Asset Global Investments
South Korea
+$401K +40,000 New

PACI.U Hedge Fund Activity: Q3 2022 in Review

18 of the 5,805 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 Q3 2022, worth a combined $38.9M — down 24% from $51.2M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of PACI.U and 1 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 1 added.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $401K. The largest seller was Basso Capital Management, exiting entirely with an estimated $4.96M sold.

  • 18 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 Q3 2022, down from 21 in Q2 2022.
  • Funds reported $38.9M 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 Q3 2022, down 24% quarter-over-quarter.
  • 1 fund 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 Q3 2022 and 4 closed out, a net change of -3 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 Q3 2022 was Mirae Asset Global Investments, an estimated $401K 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 Q3 2022 was Basso Capital Management, an estimated $4.96M sold.

Based on aggregated 13F filings for Q3 2022.