Phoenix Biotech Acquisition Corp. Unit
PBAXU
PBAXU was delisted on the 7th of February, 2024.
28 hedge funds and large institutions have $32.6M invested in Phoenix Biotech Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 11 closing their positions.
24% less funds holding
Funds holding: 37 → 28 (-9)
50% less capital invested
Capital invested by funds: $65.5M → $32.6M (-$32.9M)
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$17.6K |
| 2 |
CS
Clear Street
New York
|
+$8.62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.05M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$5.04M |
| 3 |
LA
Linden Advisors
New York
|
-$5.04M |
| 4 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$5.04M |
| 5 |
CCM
Context Capital Management
Lajolla,
California
|
-$4.04M |
PBAXU Hedge Fund Activity: Q1 2022 in Review
28 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Phoenix Biotech Acquisition Corp. Unit (PBAXU) for Q1 2022, worth a combined $32.6M — down 50% from $65.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PBAXU and 2 opened new positions — a net loss of 9 holders — while 9 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, adding an estimated $17.6K. The largest seller was Periscope Capital, exiting entirely with an estimated $6.05M sold.
- 28 institutional investors held Phoenix Biotech Acquisition Corp. Unit (PBAXU) as of Q1 2022, down from 37 in Q4 2021.
- Funds reported $32.6M of Phoenix Biotech Acquisition Corp. Unit stock for Q1 2022, down 50% quarter-over-quarter.
- 2 funds opened new Phoenix Biotech Acquisition Corp. Unit positions in Q1 2022 and 11 closed out, a net change of -9 holders.
- The largest Phoenix Biotech Acquisition Corp. Unit buyer in Q1 2022 was Wolverine Asset Management, an estimated $17.6K added.
- The largest Phoenix Biotech Acquisition Corp. Unit seller in Q1 2022 was Periscope Capital, an estimated $6.05M sold.
Based on aggregated 13F filings for Q1 2022.