Phoenix Biotech Acquisition Corp. Unit
PBAXU
PBAXU was delisted on the 7th of February, 2024.
26 hedge funds and large institutions have $29.1M invested in Phoenix Biotech Acquisition Corp. Unit in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 3 closing their positions.
7% less funds holding
Funds holding: 28 → 26 (-2)
11% less capital invested
Capital invested by funds: $32.6M → $29.1M (-$3.5M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$235K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$126K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.01M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
-$1.85M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$679K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$494K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$107K |
PBAXU Hedge Fund Activity: Q2 2022 in Review
26 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Phoenix Biotech Acquisition Corp. Unit (PBAXU) for Q2 2022, worth a combined $29.1M — down 11% from $32.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PBAXU and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $235K. The largest seller was Mangrove Partners, exiting entirely with an estimated $2.01M sold.
- 26 institutional investors held Phoenix Biotech Acquisition Corp. Unit (PBAXU) as of Q2 2022, down from 28 in Q1 2022.
- Funds reported $29.1M of Phoenix Biotech Acquisition Corp. Unit stock for Q2 2022, down 11% quarter-over-quarter.
- 1 fund opened new Phoenix Biotech Acquisition Corp. Unit positions in Q2 2022 and 3 closed out, a net change of -2 holders.
- The largest Phoenix Biotech Acquisition Corp. Unit buyer in Q2 2022 was Cubist Systematic Strategies, an estimated $235K added.
- The largest Phoenix Biotech Acquisition Corp. Unit seller in Q2 2022 was Mangrove Partners, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2022.