Progress Acquisition Corp. Units
PGRWU
PGRWU was delisted on the 9th of May, 2023.
27 hedge funds and large institutions have $16.2M invested in Progress Acquisition Corp. Units in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
22% less capital invested
Capital invested by funds: $20.8M → $16.2M (-$4.56M)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$868K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$868K |
| 3 |
Jane Street
New York
|
+$53.2K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$8.46K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.98M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.74M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.24M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.05M |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$178K |
PGRWU Hedge Fund Activity: Q2 2022 in Review
27 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Units (PGRWU) for Q2 2022, worth a combined $16.2M — down 22% from $20.8M a quarter earlier.
Fund positioning in PGRWU was balanced in Q2 2022: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 8 trimmed.
The largest buyer was Periscope Capital, opening a new position worth an estimated $868K. The largest seller was Yakira Capital Management, exiting entirely with an estimated $1.98M sold.
- 27 institutional investors held Progress Acquisition Corp. Units (PGRWU) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $16.2M of Progress Acquisition Corp. Units stock for Q2 2022, down 22% quarter-over-quarter.
- 2 funds opened new Progress Acquisition Corp. Units positions in Q2 2022 and 2 closed out, a net change of 0 holders.
- The largest Progress Acquisition Corp. Units buyer in Q2 2022 was Periscope Capital, an estimated $868K added.
- The largest Progress Acquisition Corp. Units seller in Q2 2022 was Yakira Capital Management, an estimated $1.98M sold.
Based on aggregated 13F filings for Q2 2022.