Project Energy Reimagined Acquisition Corp. Class A Ordinary Share
PEGR
PEGR was delisted on the 29th of July, 2024.
20 hedge funds and large institutions have $73.6M invested in Project Energy Reimagined Acquisition Corp. Class A Ordinary Share in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 13 closing their positions.
37% less capital invested
Capital invested by funds: $117M → $73.6M (-$43.1M)
38% less funds holding
Funds holding: 32 → 20 (-12)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$3.05M |
| 2 |
CS
Clear Street
New York
|
+$1.36M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$8.01M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$5.31M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$4.87M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.32M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$3.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Capital
New York
| – | -$1.78M | -168,000 | Closed |
|
27
JP Morgan Chase
New York
| – | -$1.06M | -99,997 | Closed |
|
|
SFM
28
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$938K | -88,700 | Closed |
|
29
Walleye Trading
New York
| – | -$888K | -84,000 | Closed |
|
|
TCM
30
Tuttle Capital Management
Riverside,
Connecticut
| – | -$477K | -45,087 | Closed |
|
|
VF
31
Virtu Financial
New York
| – | -$229K | -21,635 | Closed |
|
32
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$160K | -15,175 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$1.06K | -100 | Closed |
|
PEGR Hedge Fund Activity: Q1 2024 in Review
20 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Project Energy Reimagined Acquisition Corp. Class A Ordinary Share (PEGR) for Q1 2024, worth a combined $73.6M — down 37% from $117M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PEGR and 2 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 1 added.
The largest buyer was Flow State Investments, opening a new position worth an estimated $3.05M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $8.01M sold.
- 20 institutional investors held Project Energy Reimagined Acquisition Corp. Class A Ordinary Share (PEGR) as of Q1 2024, down from 32 in Q4 2023.
- Funds reported $73.6M of Project Energy Reimagined Acquisition Corp. Class A Ordinary Share stock for Q1 2024, down 37% quarter-over-quarter.
- 2 funds opened new Project Energy Reimagined Acquisition Corp. Class A Ordinary Share positions in Q1 2024 and 13 closed out, a net change of -11 holders.
- The largest Project Energy Reimagined Acquisition Corp. Class A Ordinary Share buyer in Q1 2024 was Flow State Investments, an estimated $3.05M added.
- The largest Project Energy Reimagined Acquisition Corp. Class A Ordinary Share seller in Q1 2024 was Fir Tree Capital Management, an estimated $8.01M sold.
Based on aggregated 13F filings for Q1 2024.