Provident Acquisition Corp. Units
PAQCU
PAQCU was delisted on the 28th of October, 2022.
19 hedge funds and large institutions have $16.9M invested in Provident Acquisition Corp. Units in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 19 → 19 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
45% less capital invested
Capital invested by funds: $30.8M → $16.9M (-$13.8M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$698K |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$135K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$132K |
| 4 |
CS
Clear Street
New York
|
+$85.3K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$66.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$8M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$4.14M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.83M |
| 4 |
VF
Virtu Financial
New York
|
-$690K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$339K |
PAQCU Hedge Fund Activity: Q1 2022 in Review
19 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Units (PAQCU) for Q1 2022, worth a combined $16.9M — down 45% from $30.8M a quarter earlier.
Fund positioning in PAQCU was balanced in Q1 2022: 5 funds opened new positions, 5 closed out, 2 added to existing stakes and 4 trimmed.
The largest buyer was Sandia Investment Management, opening a new position worth an estimated $698K. The largest seller was Tiger Global Management, exiting entirely with an estimated $8M sold.
- 19 institutional investors held Provident Acquisition Corp. Units (PAQCU) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $16.9M of Provident Acquisition Corp. Units stock for Q1 2022, down 45% quarter-over-quarter.
- 5 funds opened new Provident Acquisition Corp. Units positions in Q1 2022 and 5 closed out, a net change of 0 holders.
- The largest Provident Acquisition Corp. Units buyer in Q1 2022 was Sandia Investment Management, an estimated $698K added.
- The largest Provident Acquisition Corp. Units seller in Q1 2022 was Tiger Global Management, an estimated $8M sold.
Based on aggregated 13F filings for Q1 2022.