Pioneer Merger Corp. Unit
PACXU
PACXU was delisted on the 9th of January, 2023.
19 hedge funds and large institutions have $30.8M invested in Pioneer Merger Corp. Unit in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 29 closing their positions.
60% less funds holding
Funds holding: 47 → 19 (-28)
79% less capital invested
Capital invested by funds: $149M → $30.8M (-$118M)
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
93% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$431K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$108K |
| 3 |
JP Morgan Chase
New York
|
+$4.08K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$877 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWG
Alpha Wave Global
New York
|
-$43.3M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$11.7M |
| 3 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$10.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.65M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$6.03M |
PACXU Hedge Fund Activity: Q2 2021 in Review
19 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Pioneer Merger Corp. Unit (PACXU) for Q2 2021, worth a combined $30.8M — down 79% from $149M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PACXU and 2 opened new positions — a net loss of 27 holders — while 11 trimmed existing stakes and 2 added.
The largest buyer was Silver Rock Financial, adding an estimated $431K. The largest seller was Alpha Wave Global, exiting entirely with an estimated $43.3M sold.
- 19 institutional investors held Pioneer Merger Corp. Unit (PACXU) as of Q2 2021, down from 47 in Q1 2021.
- Funds reported $30.8M of Pioneer Merger Corp. Unit stock for Q2 2021, down 79% quarter-over-quarter.
- 2 funds opened new Pioneer Merger Corp. Unit positions in Q2 2021 and 29 closed out, a net change of -27 holders.
- The largest Pioneer Merger Corp. Unit buyer in Q2 2021 was Silver Rock Financial, an estimated $431K added.
- The largest Pioneer Merger Corp. Unit seller in Q2 2021 was Alpha Wave Global, an estimated $43.3M sold.
Based on aggregated 13F filings for Q2 2021.