Pyrophyte Acquisition Corp.
PHYT
PHYT was delisted on the 25th of October, 2024.
21 hedge funds and large institutions have $72.5M invested in Pyrophyte Acquisition Corp. in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 6 closing their positions.
16% less funds holding
Funds holding: 25 → 21 (-4)
27% less capital invested
Capital invested by funds: $98.6M → $72.5M (-$26.2M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$4.33M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.46M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.36M |
| 4 |
CS
Clear Street
New York
|
+$76.6K |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$863 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16.1M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$6.26M |
| 3 |
TCM
Tenor Capital Management
New York
|
-$3.34M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$3.04M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$779K | -70,000 | Closed |
|
|
FTUS
27
Flow Traders U.S.
New York
| – | -$264K | -23,726 | Closed |
|
PHYT Hedge Fund Activity: Q2 2024 in Review
21 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Pyrophyte Acquisition Corp. (PHYT) for Q2 2024, worth a combined $72.5M — down 27% from $98.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PHYT and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Mizuho Securities USA, adding an estimated $4.33M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $16.1M sold.
- 21 institutional investors held Pyrophyte Acquisition Corp. (PHYT) as of Q2 2024, down from 25 in Q1 2024.
- Funds reported $72.5M of Pyrophyte Acquisition Corp. stock for Q2 2024, down 27% quarter-over-quarter.
- 2 funds opened new Pyrophyte Acquisition Corp. positions in Q2 2024 and 6 closed out, a net change of -4 holders.
- The largest Pyrophyte Acquisition Corp. buyer in Q2 2024 was Mizuho Securities USA, an estimated $4.33M added.
- The largest Pyrophyte Acquisition Corp. seller in Q2 2024 was Balyasny Asset Management, an estimated $16.1M sold.
Based on aggregated 13F filings for Q2 2024.