Periphas Capital Partnering Corporation CAPS, each consisting of one share of Class A common stock and one-quarter of one redeemable warrant
PCPC.U
PCPC.U was delisted on the 9th of December, 2022.
15 hedge funds and large institutions have $31.8M 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 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.
12% less funds holding
Funds holding: 17 → 15 (-2)
40% less capital invested
Capital invested by funds: $52.8M → $31.8M (-$21M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.59M |
| 2 |
VF
Virtu Financial
New York
|
+$280K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$268K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.52K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$7.78M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
-$5.67M |
| 3 |
Millennium Management
New York
|
-$3.83M |
| 4 |
KC
Kepos Capital
New York
|
-$3.31M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.47M |
PCPC.U Hedge Fund Activity: Q4 2021 in Review
15 of the 6,499 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 Q4 2021, worth a combined $31.8M — down 40% from $52.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PCPC.U and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $1.59M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $7.78M sold.
- 15 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 Q4 2021, down from 17 in Q3 2021.
- Funds reported $31.8M 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 Q4 2021, down 40% 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 Q4 2021 and 5 closed out, a net change of -2 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 Q4 2021 was Parallax Volatility Advisers, an estimated $1.59M 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 Q4 2021 was Glazer Capital LLC, an estimated $7.78M sold.
Based on aggregated 13F filings for Q4 2021.