Pantages Capital Acquisition Corp
PGAC
26 hedge funds and large institutions have $78.6M invested in Pantages Capital Acquisition Corp in 2025 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 2 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
2% more capital invested
Capital invested by funds: $77M → $78.6M (+$1.6M)
0.94% more ownership
Funds ownership: 84.67% → 85.62% (+0.94%)
7% less funds holding
Funds holding: 28 → 26 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.3M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.03M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$607K |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$514K |
| 5 |
CS
Clear Street
New York
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.16M |
| 2 |
JP Morgan Chase
New York
|
-$516K |
| 3 |
CF
Cantor Fitzgerald
New York
|
-$513K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$441K |
| 5 |
Morgan Stanley
New York
|
-$155K |
PGAC Hedge Fund Activity: Q4 2025 in Review
26 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Pantages Capital Acquisition Corp (PGAC) for Q4 2025, worth a combined $78.6M — up 2.1% from $77M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PGAC and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.3M. The largest seller was Toronto Dominion Bank, cutting an estimated $1.16M.
- 26 institutional investors held Pantages Capital Acquisition Corp (PGAC) as of Q4 2025, down from 28 in Q3 2025.
- Funds reported $78.6M of Pantages Capital Acquisition Corp stock for Q4 2025, up 2.1% quarter-over-quarter.
- 0 funds opened new Pantages Capital Acquisition Corp positions in Q4 2025 and 2 closed out, a net change of -2 holders.
- The largest Pantages Capital Acquisition Corp buyer in Q4 2025 was Rivernorth Capital Management, an estimated $1.3M added.
- The largest Pantages Capital Acquisition Corp seller in Q4 2025 was Toronto Dominion Bank, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2025.