Pioneer Merger Corp. Class A Ordinary Share
PACX
PACX was delisted on the 12th of January, 2023.
92 hedge funds and large institutions have $355M invested in Pioneer Merger Corp. Class A Ordinary Share in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 10 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
3% more capital invested
Capital invested by funds: $346M → $355M (+$9.74M)
3% less funds holding
Funds holding: 95 → 92 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$4.73M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$4.18M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.44M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.61M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
-$3.05M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.96M |
| 3 |
AC
Antara Capital
New York
|
-$2.96M |
| 4 |
Millennium Management
New York
|
-$2.24M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
101
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$3K | -310 | Closed |
|
102
Osaic Holdings
Scottsdale,
Arizona
| – | -$2K | -250 | Closed |
|
PACX Hedge Fund Activity: Q3 2022 in Review
92 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Pioneer Merger Corp. Class A Ordinary Share (PACX) for Q3 2022, worth a combined $355M — up 2.8% from $346M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PACX and 7 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $4.73M. The largest seller was RPO LLC, exiting entirely with an estimated $3.05M sold.
- 92 institutional investors held Pioneer Merger Corp. Class A Ordinary Share (PACX) as of Q3 2022, down from 95 in Q2 2022.
- Funds reported $355M of Pioneer Merger Corp. Class A Ordinary Share stock for Q3 2022, up 2.8% quarter-over-quarter.
- 7 funds opened new Pioneer Merger Corp. Class A Ordinary Share positions in Q3 2022 and 10 closed out, a net change of -3 holders.
- The largest Pioneer Merger Corp. Class A Ordinary Share buyer in Q3 2022 was D.E. Shaw & Co, an estimated $4.73M added.
- The largest Pioneer Merger Corp. Class A Ordinary Share seller in Q3 2022 was RPO LLC, an estimated $3.05M sold.
Based on aggregated 13F filings for Q3 2022.