Pioneer Merger Corp. Class A Ordinary Share
PACX
PACX was delisted on the 12th of January, 2023.
79 hedge funds and large institutions have $322M invested in Pioneer Merger Corp. Class A Ordinary Share in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
8% more capital invested
Capital invested by funds: $298M → $322M (+$24M)
5.84% more ownership
Funds ownership: 74.76% → 80.6% (+5.8%)
5% more funds holding
Funds holding: 75 → 79 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$11.4M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$9.11M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$5.94M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.95M |
| 5 |
OPU
Omni Partners US
Irvine,
California
|
+$4.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$5.95M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.47M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$3.24M |
| 4 |
AC
Athanor Capital
New York
|
-$2.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.77M |
PACX Hedge Fund Activity: Q3 2021 in Review
79 of the 5,729 institutional investors tracked by Wall St. Rank reported a position in Pioneer Merger Corp. Class A Ordinary Share (PACX) for Q3 2021, worth a combined $322M — up 8.1% from $298M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PACX positions and 9 closed out — a net gain of 4 holders — while 17 added to existing stakes and 14 trimmed.
The largest buyer was Azora Capital LP, opening a new position worth an estimated $11.4M. The largest seller was Indaba Capital Management, exiting entirely with an estimated $5.95M sold.
- 79 institutional investors held Pioneer Merger Corp. Class A Ordinary Share (PACX) as of Q3 2021, up from 75 in Q2 2021.
- Funds reported $322M of Pioneer Merger Corp. Class A Ordinary Share stock for Q3 2021, up 8.1% quarter-over-quarter.
- 13 funds opened new Pioneer Merger Corp. Class A Ordinary Share positions in Q3 2021 and 9 closed out, a net change of +4 holders.
- The largest Pioneer Merger Corp. Class A Ordinary Share buyer in Q3 2021 was Azora Capital LP, an estimated $11.4M added.
- The largest Pioneer Merger Corp. Class A Ordinary Share seller in Q3 2021 was Indaba Capital Management, an estimated $5.95M sold.
Based on aggregated 13F filings for Q3 2021.