Pioneer Merger Corp. Class A Ordinary Share
PACX
PACX was delisted on the 12th of January, 2023.
90 hedge funds and large institutions have $355M invested in Pioneer Merger Corp. Class A Ordinary Share in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more funds holding
Funds holding: 79 → 90 (+11)
11% more capital invested
Capital invested by funds: $321M → $355M (+$34M)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC
Chai Trust Company
Chicago,
Illinois
|
+$13.4M |
| 2 |
TCA
Taconic Capital Advisors
New York
|
+$4.47M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$4.23M |
| 4 |
Millennium Management
New York
|
+$3.03M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.9M |
| 2 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$3.11M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.43M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.19M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.09M |
PACX Hedge Fund Activity: Q4 2021 in Review
90 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Pioneer Merger Corp. Class A Ordinary Share (PACX) for Q4 2021, worth a combined $355M — up 11% from $321M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PACX positions and 4 closed out — a net gain of 12 holders — while 16 added to existing stakes and 22 trimmed.
The largest buyer was Chai Trust Company, opening a new position worth an estimated $13.4M. The largest seller was Citadel Advisors, cutting an estimated $4.9M.
- 90 institutional investors held Pioneer Merger Corp. Class A Ordinary Share (PACX) as of Q4 2021, up from 79 in Q3 2021.
- Funds reported $355M of Pioneer Merger Corp. Class A Ordinary Share stock for Q4 2021, up 11% quarter-over-quarter.
- 16 funds opened new Pioneer Merger Corp. Class A Ordinary Share positions in Q4 2021 and 4 closed out, a net change of +12 holders.
- The largest Pioneer Merger Corp. Class A Ordinary Share buyer in Q4 2021 was Chai Trust Company, an estimated $13.4M added.
- The largest Pioneer Merger Corp. Class A Ordinary Share seller in Q4 2021 was Citadel Advisors, an estimated $4.9M sold.
Based on aggregated 13F filings for Q4 2021.