Provident Acquisition Corp. Units
PAQCU
PAQCU was delisted on the 28th of October, 2022.
19 hedge funds and large institutions have $30.8M invested in Provident Acquisition Corp. Units in 2021 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 6 closing their positions.
12% less capital invested
Capital invested by funds: $35.2M → $30.8M (-$4.39M)
24% less funds holding
Funds holding: 25 → 19 (-6)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$195K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$58.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$1.27M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.16M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$978K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$462K |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$251K |
PAQCU Hedge Fund Activity: Q4 2021 in Review
19 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Units (PAQCU) for Q4 2021, worth a combined $30.8M — down 12% from $35.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PAQCU and 0 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Virtu Financial, adding an estimated $195K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $1.27M sold.
- 19 institutional investors held Provident Acquisition Corp. Units (PAQCU) as of Q4 2021, down from 25 in Q3 2021.
- Funds reported $30.8M of Provident Acquisition Corp. Units stock for Q4 2021, down 12% quarter-over-quarter.
- 0 funds opened new Provident Acquisition Corp. Units positions in Q4 2021 and 6 closed out, a net change of -6 holders.
- The largest Provident Acquisition Corp. Units buyer in Q4 2021 was Virtu Financial, an estimated $195K added.
- The largest Provident Acquisition Corp. Units seller in Q4 2021 was Glazer Capital LLC, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2021.