Pioneer Merger Corp. Class A Ordinary Share
PACX
PACX was delisted on the 12th of January, 2023.
77 hedge funds and large institutions have $361M invested in Pioneer Merger Corp. Class A Ordinary Share in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 22 closing their positions.
0% more capital invested
Capital invested by funds: $360M → $361M (+$536K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.67% less ownership
Funds ownership: 90.12% → 88.45% (-1.7%)
16% less funds holding
Funds holding: 92 → 77 (-15)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
68% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.4M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$11.9M |
| 3 |
D.E. Shaw & Co
New York
|
+$6.73M |
| 4 |
CAC
Cowen and Company
New York
|
+$6.03M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.69M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$8.13M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.04M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$6.01M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$5.05M |
PACX Hedge Fund Activity: Q4 2022 in Review
77 of the 6,238 institutional investors tracked by Wall St. Rank reported a position in Pioneer Merger Corp. Class A Ordinary Share (PACX) for Q4 2022, worth a combined $361M — up 0.15% from $360M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PACX and 7 opened new positions — a net loss of 15 holders — while 15 trimmed existing stakes and 9 added.
The largest buyer was Bank of Montreal, adding an estimated $13.4M. The largest seller was Millennium Management, exiting entirely with an estimated $9.69M sold.
- 77 institutional investors held Pioneer Merger Corp. Class A Ordinary Share (PACX) as of Q4 2022, down from 92 in Q3 2022.
- Funds reported $361M of Pioneer Merger Corp. Class A Ordinary Share stock for Q4 2022, up 0.15% quarter-over-quarter.
- 7 funds opened new Pioneer Merger Corp. Class A Ordinary Share positions in Q4 2022 and 22 closed out, a net change of -15 holders.
- The largest Pioneer Merger Corp. Class A Ordinary Share buyer in Q4 2022 was Bank of Montreal, an estimated $13.4M added.
- The largest Pioneer Merger Corp. Class A Ordinary Share seller in Q4 2022 was Millennium Management, an estimated $9.69M sold.
Based on aggregated 13F filings for Q4 2022.