Pioneer Merger Corp. Class A Ordinary Share
PACX
PACX was delisted on the 12th of January, 2023.
96 hedge funds and large institutions have $352M invested in Pioneer Merger Corp. Class A Ordinary Share in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
7% more funds holding
Funds holding: 90 → 96 (+6)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
0.2% less ownership
Funds ownership: 89.27% → 89.07% (-0.2%)
1% less capital invested
Capital invested by funds: $355M → $352M (-$3.17M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.28M |
| 3 |
SC
Sculptor Capital
New York
|
+$6.17M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.14M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$4.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$11.4M |
| 2 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$9.88M |
| 3 |
Millennium Management
New York
|
-$6.48M |
| 4 |
KC
Kepos Capital
New York
|
-$5.18M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$3.95M |
PACX Hedge Fund Activity: Q1 2022 in Review
96 of the 6,361 institutional investors tracked by Wall St. Rank reported a position in Pioneer Merger Corp. Class A Ordinary Share (PACX) for Q1 2022, worth a combined $352M — down 0.89% from $355M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PACX positions and 9 closed out — a net gain of 6 holders — while 18 added to existing stakes and 18 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $10.2M. The largest seller was Azora Capital LP, exiting entirely with an estimated $11.4M sold.
- 96 institutional investors held Pioneer Merger Corp. Class A Ordinary Share (PACX) as of Q1 2022, up from 90 in Q4 2021.
- Funds reported $352M of Pioneer Merger Corp. Class A Ordinary Share stock for Q1 2022, down 0.89% quarter-over-quarter.
- 15 funds opened new Pioneer Merger Corp. Class A Ordinary Share positions in Q1 2022 and 9 closed out, a net change of +6 holders.
- The largest Pioneer Merger Corp. Class A Ordinary Share buyer in Q1 2022 was Karpus Investment Management, an estimated $10.2M added.
- The largest Pioneer Merger Corp. Class A Ordinary Share seller in Q1 2022 was Azora Capital LP, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2022.