Pioneer Merger Corp. Class A Ordinary Share
PACX
PACX was delisted on the 12th of January, 2023.
74 hedge funds and large institutions have $295M invested in Pioneer Merger Corp. Class A Ordinary Share in 2021 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
114% more capital invested
Capital invested by funds: $138M → $295M (+$157M)
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
45% more funds holding
Funds holding: 51 → 74 (+23)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWG
Alpha Wave Global
New York
|
+$43.7M |
| 2 |
BL
Bleichroeder LP
New York
|
+$20.9M |
| 3 |
SC
Sculptor Capital
New York
|
+$16.1M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$15.7M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SB Management
Abu Dhabi,
United Arab Emirates
|
-$26.7M |
| 2 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$5.09M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$3.17M |
| 4 |
KCM
Kingstown Capital Management
New York
|
-$2.92M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$1.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
76
RP Investment Advisors
Toronto,
Ontario, Canada
| – | -$5.09M | -523,201 | Closed |
|
|
KCM
77
Kingstown Capital Management
New York
| – | -$2.92M | -300,000 | Closed |
|
|
FTCM
78
Fir Tree Capital Management
New York
| – | -$1.94M | -200,000 | Closed |
|
|
GL
79
Governors Lane
New York
| – | -$1.94M | -200,000 | Closed |
|
|
SCC
80
Spring Creek Capital
Wichita,
Kansas
| – | -$1.22M | -125,000 | Closed |
|
|
OAC
81
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$953K | -97,998 | Closed |
|
|
BCM
82
Basso Capital Management
Stamford,
Connecticut
| – | -$543K | -55,909 | Closed |
|
|
NAM
83
Nexpoint Asset Management
Dallas,
Texas
| – | -$223K | -22,983 | Closed |
|
|
RA
84
Ramius Advisors
New York
| – | -$194K | -20,000 | Closed |
|
85
JP Morgan Chase
New York
| – | -$36K | -3,700 | Closed |
|
PACX Hedge Fund Activity: Q2 2021 in Review
74 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Pioneer Merger Corp. Class A Ordinary Share (PACX) for Q2 2021, worth a combined $295M — up 114% from $138M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PACX positions and 11 closed out — a net gain of 23 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Alpha Wave Global, opening a new position worth an estimated $43.7M. The largest seller was SB Management, exiting entirely with an estimated $26.7M sold.
- 74 institutional investors held Pioneer Merger Corp. Class A Ordinary Share (PACX) as of Q2 2021, up from 51 in Q1 2021.
- Funds reported $295M of Pioneer Merger Corp. Class A Ordinary Share stock for Q2 2021, up 114% quarter-over-quarter.
- 34 funds opened new Pioneer Merger Corp. Class A Ordinary Share positions in Q2 2021 and 11 closed out, a net change of +23 holders.
- The largest Pioneer Merger Corp. Class A Ordinary Share buyer in Q2 2021 was Alpha Wave Global, an estimated $43.7M added.
- The largest Pioneer Merger Corp. Class A Ordinary Share seller in Q2 2021 was SB Management, an estimated $26.7M sold.
Based on aggregated 13F filings for Q2 2021.