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PCPC.U

Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant

Delisted

PCPC.U was delisted on the 9th of December, 2022.

22 hedge funds and large institutions have $74.9M invested in Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% less funds holding

Funds holding: 6322 (-41)

75% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 12

80% less capital invested

Capital invested by funds: $379M → $74.9M (-$304M)

93% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 44

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
22
Holders Change
-41
Holders Change %
-65.08%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
3
Reduced
12
Closed
44
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AGC
51
Angelo Gordon & Co
New York
-$2.61M -100,000 Closed
BC
52
Brookfield Corp
Ontario, Canada
-$2.61M -100,000 Closed
TD Asset Management
53
TD Asset Management
Ontario, Canada
-$2.61M -100,000 Closed
Alyeska Investment Group
54
Alyeska Investment Group
Illinois
-$1.97M -75,595 Closed
CS
55
Credit Suisse
Switzerland
-$1.83M -70,100 Closed
TCM
56
Tenor Capital Management
New York
-$1.57M -60,000 Closed
BHMP
57
Bardin Hill Management Partners
New York
-$1.32M -50,594 Closed
Deutsche Bank
58
Deutsche Bank
Germany
-$1.31M -50,000 Closed
RCM
59
Rivernorth Capital Management
Florida
-$1.04M -40,000 Closed
SSA
60
Schonfeld Strategic Advisors
New York
-$1.04M -39,920 Closed
BFM
61
Boothbay Fund Management
New York
-$903K -34,598 Closed
Walleye Capital
62
Walleye Capital
New York
-$783 -30,000 Closed
LCS
63
Levin Capital Strategies
New York
-$522K -20,000 Closed
Walleye Trading
64
Walleye Trading
New York
-$522K -20,000 Closed
WRBC
65
W.R. Berkley Corp
Connecticut
-$519K -19,876 Closed
DAM
66
Deltec Asset Management
New York
-$392K -15,000 Closed

PCPC.U Hedge Fund Activity: Q1 2021 in Review

22 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant (PCPC.U) for Q1 2021, worth a combined $74.9M — down 80% from $379M a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of PCPC.U and 3 opened new positions — a net loss of 41 holders — while 12 trimmed existing stakes and 3 added.

The largest buyer was Glazer Capital LLC, adding an estimated $4.36M. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $26.1M sold.

  • 22 institutional investors held Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant (PCPC.U) as of Q1 2021, down from 63 in Q4 2020.
  • Funds reported $74.9M of Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant stock for Q1 2021, down 80% quarter-over-quarter.
  • 3 funds opened new Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant positions in Q1 2021 and 44 closed out, a net change of -41 holders.
  • The largest Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant buyer in Q1 2021 was Glazer Capital LLC, an estimated $4.36M added.
  • The largest Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant seller in Q1 2021 was Apollo Management Holdings, an estimated $26.1M sold.

Based on aggregated 13F filings for Q1 2021.