Progress Acquisition Corp. Units
PGRWU
PGRWU was delisted on the 9th of May, 2023.
35 hedge funds and large institutions have $36.9M invested in Progress Acquisition Corp. Units in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 34 → 35 (+1)
4% more capital invested
Capital invested by funds: $35.4M → $36.9M (+$1.47M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$420K |
| 2 |
Walleye Capital
New York
|
+$295K |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$65K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$11K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
-$333K |
| 2 |
Millennium Management
New York
|
-$322K |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$226K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$132K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$69K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AGM
26
Alpine Global Management
New York
| $162K | -$4K | -400 | -2% |
|
|
WCMNY
27
Westchester Capital Management (New York)
Valhalla,
New York
| $161K | – | – | – |
|
|
MIG
28
Mariner Investment Group
Harrison,
New York
| $156K | – | – | – |
|
|
E
29
Ergoteles
New York
| $142K | – | – | – |
|
30
Citadel Advisors
Miami,
Florida
| $131K | -$270 | -27 | -0.2% |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $15K | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $10K | – | – | – |
|
33
UBS Group
Zurich,
Switzerland
| $10K | +$590 | +59 | +6% |
|
|
CS
34
Clear Street
New York
| $7K | +$7K | +700 | New |
|
|
RCM
35
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $2K | +$2.5K | +250 | New |
|
|
CCM
36
Corsair Capital Management
New York
| – | -$333K | -33,243 | Closed |
|
|
37
Millennium Management
New York
| – | -$322K | -32,136 | Closed |
|
38
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -311 | Closed |
|
PGRWU Hedge Fund Activity: Q4 2021 in Review
35 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Units (PGRWU) for Q4 2021, worth a combined $36.9M — up 4.1% from $35.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PGRWU positions and 3 closed out — a net gain of 1 holder — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Longfellow Investment Management, adding an estimated $420K. The largest seller was Corsair Capital Management, exiting entirely with an estimated $333K sold.
- 35 institutional investors held Progress Acquisition Corp. Units (PGRWU) as of Q4 2021, up from 34 in Q3 2021.
- Funds reported $36.9M of Progress Acquisition Corp. Units stock for Q4 2021, up 4.1% quarter-over-quarter.
- 4 funds opened new Progress Acquisition Corp. Units positions in Q4 2021 and 3 closed out, a net change of +1 holder.
- The largest Progress Acquisition Corp. Units buyer in Q4 2021 was Longfellow Investment Management, an estimated $420K added.
- The largest Progress Acquisition Corp. Units seller in Q4 2021 was Corsair Capital Management, an estimated $333K sold.
Based on aggregated 13F filings for Q4 2021.