Progress Acquisition Corp. Units
PGRWU
PGRWU was delisted on the 9th of May, 2023.
19 hedge funds and large institutions have $11.6M invested in Progress Acquisition Corp. Units in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
30% less funds holding
Funds holding: 27 → 19 (-8)
31% less capital invested
Capital invested by funds: $16.8M → $11.6M (-$5.15M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$179K |
| 2 |
CS
Clear Street
New York
|
+$29.3K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$12K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.47K |
| 5 |
Jane Street
New York
|
+$6.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.49M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$871K |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$644K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$569K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$559K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| – | -$20K | -2,065 | Closed |
|
27
Osaic Holdings
Scottsdale,
Arizona
| – | -$15K | -1,520 | Closed |
|
PGRWU Hedge Fund Activity: Q3 2022 in Review
19 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Units (PGRWU) for Q3 2022, worth a combined $11.6M — down 31% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PGRWU and 0 opened new positions — a net loss of 8 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Longfellow Investment Management, adding an estimated $179K. The largest seller was HGC Investment Management, cutting an estimated $2.49M.
- 19 institutional investors held Progress Acquisition Corp. Units (PGRWU) as of Q3 2022, down from 27 in Q2 2022.
- Funds reported $11.6M of Progress Acquisition Corp. Units stock for Q3 2022, down 31% quarter-over-quarter.
- 0 funds opened new Progress Acquisition Corp. Units positions in Q3 2022 and 8 closed out, a net change of -8 holders.
- The largest Progress Acquisition Corp. Units buyer in Q3 2022 was Longfellow Investment Management, an estimated $179K added.
- The largest Progress Acquisition Corp. Units seller in Q3 2022 was HGC Investment Management, an estimated $2.49M sold.
Based on aggregated 13F filings for Q3 2022.