Provident Acquisition Corp. Class A Ordinary Shares
PAQC
PAQC was delisted on the 28th of October, 2022.
63 hedge funds and large institutions have $140M invested in Provident Acquisition Corp. Class A Ordinary Shares in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
18% more capital invested
Capital invested by funds: $119M → $140M (+$21.4M)
3% more funds holding
Funds holding: 61 → 63 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$10.6M |
| 2 |
RL
RPO LLC
Stamford,
Connecticut
|
+$6.67M |
| 3 |
AC
Athos Capital
Hong Kong
|
+$3.94M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$2.17M |
| 5 |
CF
Cantor Fitzgerald
New York
|
+$754K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prelude Capital Management
New York
|
-$570K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$526K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$197K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$148K |
| 5 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$98.5K |
PAQC Hedge Fund Activity: Q2 2022 in Review
63 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Class A Ordinary Shares (PAQC) for Q2 2022, worth a combined $140M — up 18% from $119M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PAQC positions and 3 closed out — a net gain of 3 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $10.6M. The largest seller was Prelude Capital Management, exiting entirely with an estimated $570K sold.
- 63 institutional investors held Provident Acquisition Corp. Class A Ordinary Shares (PAQC) as of Q2 2022, up from 61 in Q1 2022.
- Funds reported $140M of Provident Acquisition Corp. Class A Ordinary Shares stock for Q2 2022, up 18% quarter-over-quarter.
- 6 funds opened new Provident Acquisition Corp. Class A Ordinary Shares positions in Q2 2022 and 3 closed out, a net change of +3 holders.
- The largest Provident Acquisition Corp. Class A Ordinary Shares buyer in Q2 2022 was UBS O'Connor, an estimated $10.6M added.
- The largest Provident Acquisition Corp. Class A Ordinary Shares seller in Q2 2022 was Prelude Capital Management, an estimated $570K sold.
Based on aggregated 13F filings for Q2 2022.