Progress Acquisition Corp. Units
PGRWU
PGRWU was delisted on the 9th of May, 2023.
43 hedge funds and large institutions have $40.1M invested in Progress Acquisition Corp. Units in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 20 closing their positions.
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
30% less funds holding
Funds holding: 61 → 43 (-18)
60% less capital invested
Capital invested by funds: $100M → $40.1M (-$60.2M)
85% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 20
Top Buyers
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.75M |
| 2 |
VF
Virtu Financial
New York
|
+$600K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$517K |
| 4 |
Jane Street
New York
|
+$187K |
| 5 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$150K |
Top Sellers
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$8.5M |
| 2 |
LA
Linden Advisors
New York
|
-$8.47M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$4.95M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.27M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.19M |
PGRWU Hedge Fund Activity: Q2 2021 in Review
43 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Units (PGRWU) for Q2 2021, worth a combined $40.1M — down 60% from $100M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PGRWU and 3 opened new positions — a net loss of 17 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Shaolin Capital Management, adding an estimated $1.75M. The largest seller was Nomura Holdings, cutting an estimated $8.5M.
- 43 institutional investors held Progress Acquisition Corp. Units (PGRWU) as of Q2 2021, down from 61 in Q1 2021.
- Funds reported $40.1M of Progress Acquisition Corp. Units stock for Q2 2021, down 60% quarter-over-quarter.
- 3 funds opened new Progress Acquisition Corp. Units positions in Q2 2021 and 20 closed out, a net change of -17 holders.
- The largest Progress Acquisition Corp. Units buyer in Q2 2021 was Shaolin Capital Management, an estimated $1.75M added.
- The largest Progress Acquisition Corp. Units seller in Q2 2021 was Nomura Holdings, an estimated $8.5M sold.
Based on aggregated 13F filings for Q2 2021.