Pegasus Digital Mobility Acquisition Corp.
PGSS
PGSS was delisted on the 30th of April, 2024.
17 hedge funds and large institutions have $52.7M invested in Pegasus Digital Mobility Acquisition Corp. in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 25 closing their positions.
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
56% less funds holding
Funds holding: 39 → 17 (-22)
75% less capital invested
Capital invested by funds: $211M → $52.7M (-$159M)
88% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$3.77M |
| 2 |
CAC
Cowen and Company
New York
|
+$757K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$277K |
| 4 |
VF
Virtu Financial
New York
|
+$168K |
| 5 |
Walleye Capital
New York
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$21.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$20.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.8M |
| 4 |
SCM
Saba Capital Management
New York
|
-$16.7M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$11.2M |
PGSS Hedge Fund Activity: Q2 2023 in Review
17 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Pegasus Digital Mobility Acquisition Corp. (PGSS) for Q2 2023, worth a combined $52.7M — down 75% from $211M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PGSS and 3 opened new positions — a net loss of 22 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Radcliffe Capital Management, adding an estimated $3.77M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $21.7M sold.
- 17 institutional investors held Pegasus Digital Mobility Acquisition Corp. (PGSS) as of Q2 2023, down from 39 in Q1 2023.
- Funds reported $52.7M of Pegasus Digital Mobility Acquisition Corp. stock for Q2 2023, down 75% quarter-over-quarter.
- 3 funds opened new Pegasus Digital Mobility Acquisition Corp. positions in Q2 2023 and 25 closed out, a net change of -22 holders.
- The largest Pegasus Digital Mobility Acquisition Corp. buyer in Q2 2023 was Radcliffe Capital Management, an estimated $3.77M added.
- The largest Pegasus Digital Mobility Acquisition Corp. seller in Q2 2023 was Polar Asset Management Partners, an estimated $21.7M sold.
Based on aggregated 13F filings for Q2 2023.