Project Energy Reimagined Acquisition Corp. Class A Ordinary Share
PEGR
PEGR was delisted on the 29th of July, 2024.
30 hedge funds and large institutions have $117M invested in Project Energy Reimagined Acquisition Corp. Class A Ordinary Share in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 33 closing their positions.
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
38% less funds holding
Funds holding: 48 → 30 (-18)
55% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 33
55% less capital invested
Capital invested by funds: $260M → $117M (-$142M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMC
Atlas Merchant Capital
New York
|
+$7.91M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$7.91M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$6.66M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$6.34M |
| 5 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$5.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$25.6M |
| 2 |
ACM
Atalaya Capital Management
New York
|
-$20.5M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$19.8M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$17.1M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIM
51
Cowen Investment Management
New York
| – | -$622K | -60,000 | Closed |
|
|
WA
52
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$518K | -50,000 | Closed |
|
|
SSA
53
Schonfeld Strategic Advisors
New York
| – | -$295K | -28,507 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$295K | -28,466 | Closed |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$288K | -27,600 | Closed |
|
|
EFI
56
EHP Funds Inc
Toronto,
Canada
| – | -$265K | -25,613 | Closed |
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$130K | -12,575 | Closed |
|
58
HighTower Advisors
Chicago,
Illinois
| – | -$121K | -11,600 | Closed |
|
59
Morgan Stanley
New York
| – | -$63.2K | -6,102 | Closed |
|
|
CCM
60
Context Capital Management
Lajolla,
California
| – | -$25K | -2,400 | Closed |
|
|
CM
61
Cohanzick Management
Pleasantville,
New York
| – | -$7.77K | -750 | Closed |
|
|
VCP
62
Varenne Capital Partners
Paris,
France
| – | -$5.04K | -487 | Closed |
|
|
DCM
63
Dupont Capital Management
Wilmington,
Delaware
| – | -$3.11K | -300 | Closed |
|
PEGR Hedge Fund Activity: Q3 2023 in Review
30 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in Project Energy Reimagined Acquisition Corp. Class A Ordinary Share (PEGR) for Q3 2023, worth a combined $117M — down 55% from $260M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of PEGR and 15 opened new positions — a net loss of 18 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Atlas Merchant Capital, opening a new position worth an estimated $7.91M. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $25.6M sold.
- 30 institutional investors held Project Energy Reimagined Acquisition Corp. Class A Ordinary Share (PEGR) as of Q3 2023, down from 48 in Q2 2023.
- Funds reported $117M of Project Energy Reimagined Acquisition Corp. Class A Ordinary Share stock for Q3 2023, down 55% quarter-over-quarter.
- 15 funds opened new Project Energy Reimagined Acquisition Corp. Class A Ordinary Share positions in Q3 2023 and 33 closed out, a net change of -18 holders.
- The largest Project Energy Reimagined Acquisition Corp. Class A Ordinary Share buyer in Q3 2023 was Atlas Merchant Capital, an estimated $7.91M added.
- The largest Project Energy Reimagined Acquisition Corp. Class A Ordinary Share seller in Q3 2023 was Apollo Management Holdings, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2023.