Progress Acquisition Corp. Class A Common Stock
PGRW
PGRW was delisted on the 9th of May, 2023.
51 hedge funds and large institutions have $126M invested in Progress Acquisition Corp. Class A Common Stock in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
9% more capital invested
Capital invested by funds: $115M → $126M (+$10.9M)
4% more funds holding
Funds holding: 49 → 51 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$5.06M |
| 2 |
Millennium Management
New York
|
+$2.54M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.34M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.19M |
| 5 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$3.12M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.94M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.45M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$718K |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$717K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | – | – | – |
|
|
MP
52
Mangrove Partners
Greenwich,
Connecticut
| – | -$2.94M | -299,900 | Closed |
|
|
AA
53
AQR Arbitrage
Greenwich,
Connecticut
| – | -$1.45M | -147,740 | Closed |
|
|
MSU
54
Mizuho Securities USA
New York
| – | -$717K | -73,500 | Closed |
|
|
AIMCA
55
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$248K | -25,303 | Closed |
|
56
UBS Group
Zurich,
Switzerland
| – | -$13K | -1,362 | Closed |
|
PGRW Hedge Fund Activity: Q4 2021 in Review
51 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Class A Common Stock (PGRW) for Q4 2021, worth a combined $126M — up 9.5% from $115M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PGRW positions and 5 closed out — a net gain of 4 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Marshall Wace, adding an estimated $5.06M. The largest seller was Boothbay Fund Management, cutting an estimated $3.12M.
- 51 institutional investors held Progress Acquisition Corp. Class A Common Stock (PGRW) as of Q4 2021, up from 49 in Q3 2021.
- Funds reported $126M of Progress Acquisition Corp. Class A Common Stock stock for Q4 2021, up 9.5% quarter-over-quarter.
- 9 funds opened new Progress Acquisition Corp. Class A Common Stock positions in Q4 2021 and 5 closed out, a net change of +4 holders.
- The largest Progress Acquisition Corp. Class A Common Stock buyer in Q4 2021 was Marshall Wace, an estimated $5.06M added.
- The largest Progress Acquisition Corp. Class A Common Stock seller in Q4 2021 was Boothbay Fund Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q4 2021.