Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third
PANA.U
PANA.U was delisted on the 9th of February, 2021.
22 hedge funds and large institutions have $64.9M invested in Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 19 closing their positions.
42% less funds holding
Funds holding: 38 → 22 (-16)
45% less capital invested
Capital invested by funds: $118M → $64.9M (-$53.4M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
84% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.74M |
| 2 |
D.E. Shaw & Co
New York
|
+$1.17M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$138K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$14.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BVF Inc
San Francisco,
California
|
-$8.72M |
| 2 |
BlackRock
New York
|
-$8.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.4M |
| 4 |
BCLSI
Bain Capital Life Sciences Investors
Boston,
Massachusetts
|
-$5M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.86M |
PANA.U Hedge Fund Activity: Q4 2020 in Review
22 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third (PANA.U) for Q4 2020, worth a combined $64.9M — down 45% from $118M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PANA.U and 3 opened new positions — a net loss of 16 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.74M. The largest seller was BVF Inc, cutting an estimated $8.72M.
- 22 institutional investors held Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third (PANA.U) as of Q4 2020, down from 38 in Q3 2020.
- Funds reported $64.9M of Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third stock for Q4 2020, down 45% quarter-over-quarter.
- 3 funds opened new Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third positions in Q4 2020 and 19 closed out, a net change of -16 holders.
- The largest Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third buyer in Q4 2020 was Virtu Financial, an estimated $1.74M added.
- The largest Panacea Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third seller in Q4 2020 was BVF Inc, an estimated $8.72M sold.
Based on aggregated 13F filings for Q4 2020.