Pantages Capital Acquisition Corp
PGAC
28 hedge funds and large institutions have $77M invested in Pantages Capital Acquisition Corp in 2025 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
22% more funds holding
Funds holding: 23 → 28 (+5)
13% more capital invested
Capital invested by funds: $68.1M → $77M (+$8.9M)
9.18% more ownership
Funds ownership: 75.5% → 84.67% (+9.2%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.31M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.26M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.03M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.02M |
| 5 |
JP Morgan Chase
New York
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.48M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$566K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$514K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$123K |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$69.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Clear Street
New York
| $455K | +$20 | +2 | +0% |
|
27
Morgan Stanley
New York
| $154K | +$153K | +15,005 | +37,513% |
|
28
UBS Group
Zurich,
Switzerland
| $10 | +$10 | +1 | New |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$514K | -50,481 | Closed |
|
PGAC Hedge Fund Activity: Q3 2025 in Review
28 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Pantages Capital Acquisition Corp (PGAC) for Q3 2025, worth a combined $77M — up 13% from $68.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PGAC positions and 1 closed out — a net gain of 5 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.31M. The largest seller was Karpus Investment Management, cutting an estimated $1.48M.
- 28 institutional investors held Pantages Capital Acquisition Corp (PGAC) as of Q3 2025, up from 23 in Q2 2025.
- Funds reported $77M of Pantages Capital Acquisition Corp stock for Q3 2025, up 13% quarter-over-quarter.
- 6 funds opened new Pantages Capital Acquisition Corp positions in Q3 2025 and 1 closed out, a net change of +5 holders.
- The largest Pantages Capital Acquisition Corp buyer in Q3 2025 was Rivernorth Capital Management, an estimated $3.31M added.
- The largest Pantages Capital Acquisition Corp seller in Q3 2025 was Karpus Investment Management, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2025.