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 $385K 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
90% less capital invested
Capital invested by funds: $3.85M → $385K (-$3.47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$328K |
| 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 |
PHYT.U Hedge Fund Activity: Q2 2023 in Review
3 of the 6,383 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 $385K — down 90% 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 $328K. 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 $385K 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 90% 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 $328K 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.