Provident Acquisition Corp. Units
PAQCU
PAQCU was delisted on the 28th of October, 2022.
12 hedge funds and large institutions have $2.3M invested in Provident Acquisition Corp. Units in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 3 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
75% less capital invested
Capital invested by funds: $9.34M → $2.3M (-$7.04M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$37.4K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$9.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$6.57M |
| 2 |
VF
Virtu Financial
New York
|
-$350K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$210K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.08K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$998 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
1
HRT Financial
New York
| $843K | – | – | – |
|
2
Millennium Management
New York
| $528K | – | – | – |
|
3
Walleye Capital
New York
| $207K | – | – | – |
|
|
LIM
4
Longfellow Investment Management
Boston,
Massachusetts
| $166K | -$210K | -21,000 | -56% |
|
|
5
Citadel Advisors
Miami,
Florida
| $143K | -$2.08K | -208 | -1% |
|
6
Walleye Trading
New York
| $139K | – | – | – |
|
|
LCM
7
Landscape Capital Management
Englewood,
New Jersey
| $124K | – | – | – |
|
8
Morgan Stanley
New York
| $88K | – | – | – |
|
|
CS
9
Clear Street
New York
| $38K | +$37.4K | +3,747 | New |
|
|
10
UBS Group
Zurich,
Switzerland
| $10K | -$998 | -100 | -9% |
|
|
GCL
11
Glazer Capital LLC
New York
| $10K | +$9.46K | +948 | New |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
13
JP Morgan Chase
New York
| – | -$6.57M | -664,000 | Closed |
|
|
VF
14
Virtu Financial
New York
| – | -$350K | -35,369 | Closed |
|
PAQCU Hedge Fund Activity: Q3 2022 in Review
12 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Units (PAQCU) for Q3 2022, worth a combined $2.3M — down 75% from $9.34M a quarter earlier.
Fund positioning in PAQCU was balanced in Q3 2022: 2 funds opened new positions, 2 closed out, 0 added to existing stakes and 3 trimmed.
The largest buyer was Clear Street, opening a new position worth an estimated $37.4K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $6.57M sold.
- 12 institutional investors held Provident Acquisition Corp. Units (PAQCU) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $2.3M of Provident Acquisition Corp. Units stock for Q3 2022, down 75% quarter-over-quarter.
- 2 funds opened new Provident Acquisition Corp. Units positions in Q3 2022 and 2 closed out, a net change of 0 holders.
- The largest Provident Acquisition Corp. Units buyer in Q3 2022 was Clear Street, an estimated $37.4K added.
- The largest Provident Acquisition Corp. Units seller in Q3 2022 was JP Morgan Chase, an estimated $6.57M sold.
Based on aggregated 13F filings for Q3 2022.