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.
2 hedge funds and large institutions have $57.5K 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 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
31% less capital invested
Capital invested by funds: $83K → $57.5K (-$25.5K)
33% less funds holding
Funds holding: 3 → 2 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$2.15M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$14.5K |
| 3 |
CS
Clear Street
New York
|
-$8.82K |
PACI.U Hedge Fund Activity: Q3 2023 in Review
2 of the 6,301 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 2023, worth a combined $57.5K — down 31% from $83K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of PACI.U and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest seller was Spartan Fund Management, cutting an estimated $2.15M.
- 2 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 2023, down from 3 in Q2 2023.
- Funds reported $57.5K 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 2023, down 31% 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 Q3 2023 and 1 closed out, a net change of -1 holder.
- 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 2023 was Spartan Fund Management, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2023.