Provident Acquisition Corp. Class A Ordinary Shares
PAQC
PAQC was delisted on the 28th of October, 2022.
62 hedge funds and large institutions have $129M invested in Provident Acquisition Corp. Class A Ordinary Shares in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 10 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
9% more funds holding
Funds holding: 57 → 62 (+5)
3% more capital invested
Capital invested by funds: $126M → $129M (+$3.87M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$10.5M |
| 2 |
TCA
Taconic Capital Advisors
New York
|
+$3.95M |
| 3 |
AMH
Apollo Management Holdings
New York
|
+$2.94M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$1.68M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sycomore Asset Management
Paris,
France
|
-$5.26M |
| 2 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$4.87M |
| 3 |
JP Morgan Chase
New York
|
-$4.33M |
| 4 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
-$3.33M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$3.11M |
PAQC Hedge Fund Activity: Q1 2022 in Review
62 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Class A Ordinary Shares (PAQC) for Q1 2022, worth a combined $129M — up 3.1% from $126M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PAQC positions and 10 closed out — a net gain of 5 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $10.5M. The largest seller was Sycomore Asset Management, exiting entirely with an estimated $5.26M sold.
- 62 institutional investors held Provident Acquisition Corp. Class A Ordinary Shares (PAQC) as of Q1 2022, up from 57 in Q4 2021.
- Funds reported $129M of Provident Acquisition Corp. Class A Ordinary Shares stock for Q1 2022, up 3.1% quarter-over-quarter.
- 15 funds opened new Provident Acquisition Corp. Class A Ordinary Shares positions in Q1 2022 and 10 closed out, a net change of +5 holders.
- The largest Provident Acquisition Corp. Class A Ordinary Shares buyer in Q1 2022 was UBS O'Connor, an estimated $10.5M added.
- The largest Provident Acquisition Corp. Class A Ordinary Shares seller in Q1 2022 was Sycomore Asset Management, an estimated $5.26M sold.
Based on aggregated 13F filings for Q1 2022.