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.
3 hedge funds and large institutions have $716K 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 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 9 closing their positions.
70% less funds holding
Funds holding: 10 → 3 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
81% less capital invested
Capital invested by funds: $3.85M → $716K (-$3.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.78M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$19.1K |
| 3 |
CS
Clear Street
New York
|
+$9.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
-$1.05M |
| 2 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$962K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$619K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$345K |
| 5 |
Walleye Capital
New York
|
-$265K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
1
Spartan Fund Management
Toronto, Ontario,
Canada
| $662K | +$1.78M | +167,030 | New |
|
|
CS
2
Clear Street
New York
| $35.1K | +$9.1K | +856 | +35% |
|
|
3
UBS Group
Zurich,
Switzerland
| $19.2K | +$19.1K | +1,800 | New |
|
|
CIM
4
Cowen Investment Management
New York
| – | -$1.05M | -100,000 | Closed |
|
|
SRF
5
Silver Rock Financial
Los Angeles,
California
| – | -$962K | -91,296 | Closed |
|
|
SIA
6
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$619K | -58,740 | Closed |
|
|
LCM
7
Landscape Capital Management
Englewood,
New Jersey
| – | -$345K | -32,756 | Closed |
|
|
8
Walleye Capital
New York
| – | -$265K | -25,148 | Closed |
|
|
YCM
9
Yaupon Capital Management
New York
| – | -$264K | -25,000 | Closed |
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$197K | -18,729 | Closed |
|
|
WC
11
Wealthspring Capital
West Harrison,
New York
| – | -$121K | -11,500 | Closed |
|
|
SC
12
Sculptor Capital
New York
| – | -$21 | -2 | Closed |
|
PHYT.U Hedge Fund Activity: Q2 2023 in Review
3 of the 6,369 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 Q2 2023, worth a combined $716K — down 81% from $3.85M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PHYT.U and 2 opened new positions — a net loss of 7 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $1.78M. The largest seller was Cowen Investment Management, exiting entirely with an estimated $1.05M sold.
- 3 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 Q2 2023, down from 10 in Q1 2023.
- Funds reported $716K of Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q2 2023, down 81% quarter-over-quarter.
- 2 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 Q2 2023 and 9 closed out, a net change of -7 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 Q2 2023 was Spartan Fund Management, an estimated $1.78M 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 Q2 2023 was Cowen Investment Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q2 2023.