Pyrophyte Acquisition Corp.
PHYT
PHYT was delisted on the 25th of October, 2024.
25 hedge funds and large institutions have $98.6M invested in Pyrophyte Acquisition Corp. in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
2% more capital invested
Capital invested by funds: $96.2M → $98.6M (+$2.39M)
4% less funds holding
Funds holding: 26 → 25 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$6.78M |
| 2 |
CAC
Cowen and Company
New York
|
+$4.84M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$1.57M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$779K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$7.11M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.94M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.93M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.11M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.01M |
PHYT Hedge Fund Activity: Q1 2024 in Review
25 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pyrophyte Acquisition Corp. (PHYT) for Q1 2024, worth a combined $98.6M — up 2.5% from $96.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PHYT and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 4 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $6.78M. The largest seller was Radcliffe Capital Management, exiting entirely with an estimated $7.11M sold.
- 25 institutional investors held Pyrophyte Acquisition Corp. (PHYT) as of Q1 2024, down from 26 in Q4 2023.
- Funds reported $98.6M of Pyrophyte Acquisition Corp. stock for Q1 2024, up 2.5% quarter-over-quarter.
- 2 funds opened new Pyrophyte Acquisition Corp. positions in Q1 2024 and 3 closed out, a net change of -1 holder.
- The largest Pyrophyte Acquisition Corp. buyer in Q1 2024 was W.R. Berkley Corp, an estimated $6.78M added.
- The largest Pyrophyte Acquisition Corp. seller in Q1 2024 was Radcliffe Capital Management, an estimated $7.11M sold.
Based on aggregated 13F filings for Q1 2024.