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.
3 hedge funds and large institutions have $79.9K 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 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
67% less funds holding
Funds holding: 9 → 3 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
99% less capital invested
Capital invested by funds: $9.44M → $79.9K (-$9.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$61.7K |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$3.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$3.71M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.28M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.49M |
| 4 |
CIM
Cowen Investment Management
New York
|
-$1.03M |
| 5 |
Walleye Capital
New York
|
-$494K |
PACI.U Hedge Fund Activity: Q2 2023 in Review
3 of the 6,383 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 Q2 2023, worth a combined $79.9K — down 99% from $9.44M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PACI.U and 1 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $61.7K. The largest seller was Sandia Investment Management, exiting entirely with an estimated $3.71M sold.
- 3 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 Q2 2023, down from 9 in Q1 2023.
- Funds reported $79.9K 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 Q2 2023, down 99% 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 Q2 2023 and 7 closed out, a net change of -6 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 Q2 2023 was Clear Street, an estimated $61.7K 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 Q2 2023 was Sandia Investment Management, an estimated $3.71M sold.
Based on aggregated 13F filings for Q2 2023.