Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant
PDOT.U
PDOT.U was delisted on the 8th of March, 2023.
45 hedge funds and large institutions have $119M invested in Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 16 reducing their positions, and 17 closing their positions.
26% less funds holding
Funds holding: 61 → 45 (-16)
27% less capital invested
Capital invested by funds: $163M → $119M (-$44M)
81% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 16
82% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.58M |
| 2 |
SC
Shay Capital
New York
|
+$178K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$134K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$29.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.22M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.91M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$5.99M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$4.92M |
| 5 |
Neuberger Berman Group
New York
|
-$3.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACA
51
Arena Capital Advisors
Los Angeles,
California
| – | -$2.27M | -227,106 | Closed |
|
|
TCA
52
Tortoise Capital Advisors
Overland Park,
Kansas
| – | -$2.25M | -225,000 | Closed |
|
|
CCM
53
CAAS Capital Management
New York
| – | -$1.07M | -107,600 | Closed |
|
|
AGC
54
Angelo Gordon & Co
New York
| – | -$999K | -100,000 | Closed |
|
|
AA
55
AQR Arbitrage
Greenwich,
Connecticut
| – | -$999K | -100,000 | Closed |
|
|
MAM
56
Myriad Asset Management
North Point,
Hong Kong
| – | -$999K | -100,000 | Closed |
|
57
Squarepoint
New York
| – | -$999K | -100,000 | Closed |
|
|
BCM
58
BlueCrest Capital Management
St Helier,
Jersey
| – | -$993K | -99,400 | Closed |
|
59
Parallax Volatility Advisers
San Francisco,
California
| – | -$949K | -95,000 | Closed |
|
|
CAC
60
Cowen and Company
New York
| – | -$476K | -47,634 | Closed |
|
|
EC
61
EJF Capital
Arlington,
Virginia
| – | -$300K | -30,000 | Closed |
|
62
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$250K | -25,003 | Closed |
|
PDOT.U Hedge Fund Activity: Q3 2021 in Review
45 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (PDOT.U) for Q3 2021, worth a combined $119M — down 27% from $163M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PDOT.U and 3 opened new positions — a net loss of 14 holders — while 16 trimmed existing stakes and 3 added.
The largest buyer was CSS LLC, adding an estimated $1.58M. The largest seller was Millennium Management, cutting an estimated $8.22M.
- 45 institutional investors held Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (PDOT.U) as of Q3 2021, down from 61 in Q2 2021.
- Funds reported $119M of Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant stock for Q3 2021, down 27% quarter-over-quarter.
- 3 funds opened new Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant positions in Q3 2021 and 17 closed out, a net change of -14 holders.
- The largest Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant buyer in Q3 2021 was CSS LLC, an estimated $1.58M added.
- The largest Peridot Acquisition Corp. II Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant seller in Q3 2021 was Millennium Management, an estimated $8.22M sold.
Based on aggregated 13F filings for Q3 2021.