Provident Acquisition Corp. Class A Ordinary Shares
PAQC
PAQC was delisted on the 28th of October, 2022.
52 hedge funds and large institutions have $105M invested in Provident Acquisition Corp. Class A Ordinary Shares in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
16% more capital invested
Capital invested by funds: $90.4M → $105M (+$14.2M)
11% more funds holding
Funds holding: 47 → 52 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$7.38M |
| 2 |
Millennium Management
New York
|
+$4.84M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.96M |
| 4 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
+$2.57M |
| 5 |
SCM
Saba Capital Management
New York
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$8.88M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$1.78M |
| 3 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$1.29M |
| 4 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
-$484K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$304K |
PAQC Hedge Fund Activity: Q3 2021 in Review
52 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Class A Ordinary Shares (PAQC) for Q3 2021, worth a combined $105M — up 16% from $90.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PAQC positions and 1 closed out — a net gain of 5 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Marshall Wace, adding an estimated $7.38M. The largest seller was RP Investment Advisors, cutting an estimated $8.88M.
- 52 institutional investors held Provident Acquisition Corp. Class A Ordinary Shares (PAQC) as of Q3 2021, up from 47 in Q2 2021.
- Funds reported $105M of Provident Acquisition Corp. Class A Ordinary Shares stock for Q3 2021, up 16% quarter-over-quarter.
- 6 funds opened new Provident Acquisition Corp. Class A Ordinary Shares positions in Q3 2021 and 1 closed out, a net change of +5 holders.
- The largest Provident Acquisition Corp. Class A Ordinary Shares buyer in Q3 2021 was Marshall Wace, an estimated $7.38M added.
- The largest Provident Acquisition Corp. Class A Ordinary Shares seller in Q3 2021 was RP Investment Advisors, an estimated $8.88M sold.
Based on aggregated 13F filings for Q3 2021.