Progress Acquisition Corp. Class A Common Stock
PGRW
PGRW was delisted on the 9th of May, 2023.
58 hedge funds and large institutions have $149M invested in Progress Acquisition Corp. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 10 closing their positions.
1% less capital invested
Capital invested by funds: $150M → $149M (-$780K)
5% less funds holding
Funds holding: 61 → 58 (-3)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$5.88M |
| 2 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
+$3.79M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.29M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$2.21M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$4.88M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.71M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$2.3M |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$2.29M |
| 5 |
Goldman Sachs
New York
|
-$1.79M |
PGRW Hedge Fund Activity: Q3 2022 in Review
58 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Class A Common Stock (PGRW) for Q3 2022, worth a combined $149M — down 0.52% from $150M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PGRW and 7 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Cubist Systematic Strategies, adding an estimated $5.88M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $4.88M sold.
- 58 institutional investors held Progress Acquisition Corp. Class A Common Stock (PGRW) as of Q3 2022, down from 61 in Q2 2022.
- Funds reported $149M of Progress Acquisition Corp. Class A Common Stock stock for Q3 2022, down 0.52% quarter-over-quarter.
- 7 funds opened new Progress Acquisition Corp. Class A Common Stock positions in Q3 2022 and 10 closed out, a net change of -3 holders.
- The largest Progress Acquisition Corp. Class A Common Stock buyer in Q3 2022 was Cubist Systematic Strategies, an estimated $5.88M added.
- The largest Progress Acquisition Corp. Class A Common Stock seller in Q3 2022 was Glazer Capital LLC, an estimated $4.88M sold.
Based on aggregated 13F filings for Q3 2022.