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.
10 hedge funds and large institutions have $3.85M invested in Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 6 closing their positions.
33% less funds holding
Funds holding: 15 → 10 (-5)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
51% less capital invested
Capital invested by funds: $7.83M → $3.85M (-$3.97M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$25.4K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$2.02M |
| 2 |
CCA
Cruiser Capital Advisors
Stamford,
Connecticut
|
-$758K |
| 3 |
GAM
Gritstone Asset Management
Bethesda,
Maryland
|
-$556K |
| 4 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$506K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$253K |
PHYT.U Hedge Fund Activity: Q1 2023 in Review
10 of the 6,275 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 2023, worth a combined $3.85M — down 51% from $7.83M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PHYT.U and 1 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $25.4K. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $2.02M sold.
- 10 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 2023, down from 15 in Q4 2022.
- Funds reported $3.85M 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 2023, down 51% quarter-over-quarter.
- 1 fund 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 2023 and 6 closed out, a net change of -5 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 2023 was Clear Street, an estimated $25.4K 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 2023 was Westchester Capital Management (New York), an estimated $2.02M sold.
Based on aggregated 13F filings for Q1 2023.