Progress Acquisition Corp. Units
PGRWU
PGRWU was delisted on the 9th of May, 2023.
4 hedge funds and large institutions have $1.16M invested in Progress Acquisition Corp. Units in 2022 Q4 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 15 closing their positions.
79% less funds holding
Funds holding: 19 → 4 (-15)
90% less capital invested
Capital invested by funds: $11.6M → $1.16M (-$10.5M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 15
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.5M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$2.07M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$876K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$794K |
| 5 |
HF
HRT Financial
New York
|
-$764K |
PGRWU Hedge Fund Activity: Q4 2022 in Review
4 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Progress Acquisition Corp. Units (PGRWU) for Q4 2022, worth a combined $1.16M — down 90% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PGRWU and 0 opened new positions — a net loss of 15 holders — while 2 trimmed existing stakes and 0 added.
The largest seller was HGC Investment Management, exiting entirely with an estimated $2.5M sold.
- 4 institutional investors held Progress Acquisition Corp. Units (PGRWU) as of Q4 2022, down from 19 in Q3 2022.
- Funds reported $1.16M of Progress Acquisition Corp. Units stock for Q4 2022, down 90% quarter-over-quarter.
- 0 funds opened new Progress Acquisition Corp. Units positions in Q4 2022 and 15 closed out, a net change of -15 holders.
- The largest Progress Acquisition Corp. Units seller in Q4 2022 was HGC Investment Management, an estimated $2.5M sold.
Based on aggregated 13F filings for Q4 2022.