Provident Acquisition Corp. Class A Ordinary Shares
PAQC
PAQC was delisted on the 28th of October, 2022.
47 hedge funds and large institutions have $90.4M invested in Provident Acquisition Corp. Class A Ordinary Shares in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 13 increasing their positions, 2 reducing their positions, and 4 closing their positions.
550% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 2
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
44% more capital invested
Capital invested by funds: $62.6M → $90.4M (+$27.8M)
42% more funds holding
Funds holding: 33 → 47 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sycomore Asset Management
Paris,
France
|
+$5.26M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4.87M |
| 3 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$4.07M |
| 4 |
6CM
683 Capital Management
New York
|
+$3.9M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
-$2.93M |
| 2 |
LA
Linden Advisors
New York
|
-$2.86M |
| 3 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
-$638K |
| 4 |
TCM
Tenor Capital Management
New York
|
-$400K |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$98K |
PAQC Hedge Fund Activity: Q2 2021 in Review
47 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Class A Ordinary Shares (PAQC) for Q2 2021, worth a combined $90.4M — up 44% from $62.6M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PAQC positions and 4 closed out — a net gain of 14 holders — while 13 added to existing stakes and 2 trimmed.
The largest buyer was Sycomore Asset Management, opening a new position worth an estimated $5.26M. The largest seller was Kingstown Capital Management, exiting entirely with an estimated $2.93M sold.
- 47 institutional investors held Provident Acquisition Corp. Class A Ordinary Shares (PAQC) as of Q2 2021, up from 33 in Q1 2021.
- Funds reported $90.4M of Provident Acquisition Corp. Class A Ordinary Shares stock for Q2 2021, up 44% quarter-over-quarter.
- 18 funds opened new Provident Acquisition Corp. Class A Ordinary Shares positions in Q2 2021 and 4 closed out, a net change of +14 holders.
- The largest Provident Acquisition Corp. Class A Ordinary Shares buyer in Q2 2021 was Sycomore Asset Management, an estimated $5.26M added.
- The largest Provident Acquisition Corp. Class A Ordinary Shares seller in Q2 2021 was Kingstown Capital Management, an estimated $2.93M sold.
Based on aggregated 13F filings for Q2 2021.