Provident Acquisition Corp. Class A Ordinary Shares
PAQC
PAQC was delisted on the 28th of October, 2022.
57 hedge funds and large institutions have $126M invested in Provident Acquisition Corp. Class A Ordinary Shares in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 6 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $105M → $126M (+$21M)
10% more funds holding
Funds holding: 52 → 57 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$7.25M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.11M |
| 3 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
+$1.66M |
| 4 |
HIH
HRS Investment Holdings
New York
|
+$1.66M |
| 5 |
OCM
Oribel Capital Management
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$3.47M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$1.21M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$679K |
| 4 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$390K |
| 5 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$170K |
PAQC Hedge Fund Activity: Q4 2021 in Review
57 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Class A Ordinary Shares (PAQC) for Q4 2021, worth a combined $126M — up 20% from $105M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PAQC positions and 6 closed out — a net gain of 5 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $7.25M. The largest seller was RP Investment Advisors, cutting an estimated $3.47M.
- 57 institutional investors held Provident Acquisition Corp. Class A Ordinary Shares (PAQC) as of Q4 2021, up from 52 in Q3 2021.
- Funds reported $126M of Provident Acquisition Corp. Class A Ordinary Shares stock for Q4 2021, up 20% quarter-over-quarter.
- 11 funds opened new Provident Acquisition Corp. Class A Ordinary Shares positions in Q4 2021 and 6 closed out, a net change of +5 holders.
- The largest Provident Acquisition Corp. Class A Ordinary Shares buyer in Q4 2021 was D.E. Shaw & Co, an estimated $7.25M added.
- The largest Provident Acquisition Corp. Class A Ordinary Shares seller in Q4 2021 was RP Investment Advisors, an estimated $3.47M sold.
Based on aggregated 13F filings for Q4 2021.