Progress Acquisition Corp. Class A Common Stock
PGRW
PGRW was delisted on the 9th of May, 2023.
61 hedge funds and large institutions have $144M invested in Progress Acquisition Corp. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
20% more funds holding
Funds holding: 51 → 61 (+10)
15% more capital invested
Capital invested by funds: $126M → $144M (+$18.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$4.57M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$4.34M |
| 3 |
SCM
Saba Capital Management
New York
|
+$3.46M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$2.94M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.6M |
| 2 |
HIH
HRS Investment Holdings
New York
|
-$1.12M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$770K |
| 4 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
-$204K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
51
Meteora Capital
Boca Raton,
Florida
| $271K | +$270K | +27,577 | New |
|
|
OMC
52
Old Mission Capital
Chicago,
Illinois
| $167K | +$167K | +17,036 | New |
|
|
SSA
53
Schonfeld Strategic Advisors
New York
| $157K | -$39.7K | -4,045 | -20% |
|
|
MIG
54
Mariner Investment Group
Harrison,
New York
| $153K | +$153K | +15,600 | New |
|
|
CC
55
Centiva Capital
New York
| $118K | +$117K | +11,953 | New |
|
|
HF
56
HRT Financial
New York
| $116K | +$2.43K | +248 | +2% |
|
|
MF
57
Magnetar Financial
Evanston,
Illinois
| $101K | – | – | – |
|
|
ICMH
58
Integrity Capital Management (HK)
Central,
Hong Kong
| $74K | +$73.5K | +7,500 | New |
|
|
CSS
59
Cubist Systematic Strategies
Stamford,
Connecticut
| $33K | +$33.1K | +3,375 | New |
|
|
CM
60
Cohanzick Management
Pleasantville,
New York
| $25K | +$3.92K | +400 | +19% |
|
61
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | – | – | – |
|
|
HIH
62
HRS Investment Holdings
New York
| – | -$1.12M | -114,740 | Closed |
|
PGRW Hedge Fund Activity: Q1 2022 in Review
61 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Class A Common Stock (PGRW) for Q1 2022, worth a combined $144M — up 15% from $126M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PGRW positions and 1 closed out — a net gain of 10 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $4.57M. The largest seller was Millennium Management, cutting an estimated $2.6M.
- 61 institutional investors held Progress Acquisition Corp. Class A Common Stock (PGRW) as of Q1 2022, up from 51 in Q4 2021.
- Funds reported $144M of Progress Acquisition Corp. Class A Common Stock stock for Q1 2022, up 15% quarter-over-quarter.
- 11 funds opened new Progress Acquisition Corp. Class A Common Stock positions in Q1 2022 and 1 closed out, a net change of +10 holders.
- The largest Progress Acquisition Corp. Class A Common Stock buyer in Q1 2022 was Glazer Capital LLC, an estimated $4.57M added.
- The largest Progress Acquisition Corp. Class A Common Stock seller in Q1 2022 was Millennium Management, an estimated $2.6M sold.
Based on aggregated 13F filings for Q1 2022.