Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
PHYT.U
PHYT.U was delisted on the 17th of September, 2024.
31 hedge funds and large institutions have $25.6M invested in Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 10 reducing their positions, and 23 closing their positions.
39% less funds holding
Funds holding: 51 → 31 (-20)
72% less capital invested
Capital invested by funds: $91.5M → $25.6M (-$66M)
87% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 23
90% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$759K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$113K |
| 3 |
CS
Clear Street
New York
|
+$48.7K |
| 4 |
Walleye Capital
New York
|
+$47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.18M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$7.67M |
| 3 |
GL
Governors Lane
New York
|
-$6.1M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$5.08M |
| 5 |
Millennium Management
New York
|
-$4.4M |
PHYT.U Hedge Fund Activity: Q1 2022 in Review
31 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PHYT.U) for Q1 2022, worth a combined $25.6M — down 72% from $91.5M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of PHYT.U and 3 opened new positions — a net loss of 20 holders — while 10 trimmed existing stakes and 1 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $759K. The largest seller was Deutsche Bank, cutting an estimated $9.18M.
- 31 institutional investors held Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PHYT.U) as of Q1 2022, down from 51 in Q4 2021.
- Funds reported $25.6M of Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2022, down 72% quarter-over-quarter.
- 3 funds opened new Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q1 2022 and 23 closed out, a net change of -20 holders.
- The largest Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q1 2022 was Parallax Volatility Advisers, an estimated $759K added.
- The largest Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q1 2022 was Deutsche Bank, an estimated $9.18M sold.
Based on aggregated 13F filings for Q1 2022.