Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one
PDAC.U
PDAC.U was delisted on the 10th of August, 2021.
36 hedge funds and large institutions have $103M invested in Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 20 closing their positions.
23% less funds holding
Funds holding: 47 → 36 (-11)
48% less capital invested
Capital invested by funds: $198M → $103M (-$95.5M)
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$1.55M |
| 2 |
CC
Centiva Capital
New York
|
+$1.25M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$717K |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$685K |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$611K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$27M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$10.6M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$7.98M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$7.49M |
| 5 |
Neuberger Berman Group
New York
|
-$7.31M |
PDAC.U Hedge Fund Activity: Q4 2020 in Review
36 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one (PDAC.U) for Q4 2020, worth a combined $103M — down 48% from $198M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PDAC.U and 9 opened new positions — a net loss of 11 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Aristeia Capital, adding an estimated $1.55M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $27M sold.
- 36 institutional investors held Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one (PDAC.U) as of Q4 2020, down from 47 in Q3 2020.
- Funds reported $103M of Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one stock for Q4 2020, down 48% quarter-over-quarter.
- 9 funds opened new Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one positions in Q4 2020 and 20 closed out, a net change of -11 holders.
- The largest Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one buyer in Q4 2020 was Aristeia Capital, an estimated $1.55M added.
- The largest Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one seller in Q4 2020 was Adage Capital Partners, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2020.