Provident Acquisition Corp. Class A Ordinary Shares
PAQC
PAQC was delisted on the 28th of October, 2022.
61 hedge funds and large institutions have $119M invested in Provident Acquisition Corp. Class A Ordinary Shares in 2022 Q1 according to their latest regulatory filings, with 14 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
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
7% more funds holding
Funds holding: 57 → 61 (+4)
5% less capital invested
Capital invested by funds: $126M → $119M (-$6.71M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Taconic Capital Advisors
New York
|
+$3.95M |
| 2 |
AMH
Apollo Management Holdings
New York
|
+$2.94M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$1.68M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.59M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$989K |
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
61 of the 6,340 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 $119M — down 5.3% from $126M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PAQC positions and 10 closed out — a net gain of 4 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Taconic Capital Advisors, adding an estimated $3.95M. The largest seller was Sycomore Asset Management, exiting entirely with an estimated $5.26M sold.
- 61 institutional investors held Provident Acquisition Corp. Class A Ordinary Shares (PAQC) as of Q1 2022, up from 57 in Q4 2021.
- Funds reported $119M of Provident Acquisition Corp. Class A Ordinary Shares stock for Q1 2022, down 5.3% quarter-over-quarter.
- 14 funds opened new Provident Acquisition Corp. Class A Ordinary Shares positions in Q1 2022 and 10 closed out, a net change of +4 holders.
- The largest Provident Acquisition Corp. Class A Ordinary Shares buyer in Q1 2022 was Taconic Capital Advisors, an estimated $3.95M 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.