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.
6 hedge funds and large institutions have $490K 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 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 0 closing their positions.
100% more funds holding
Funds holding: 3 → 6 (+3)
32% less capital invested
Capital invested by funds: $716K → $490K (-$226K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$110K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.08K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.48M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$18.9K |
| 3 |
CS
Clear Street
New York
|
-$14.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
1
Spartan Fund Management
Toronto, Ontario,
Canada
| $355K | -$1.48M | -136,130 | -82% |
|
|
VF
2
Virtu Financial
New York
| $111K | +$110K | +10,121 | New |
|
|
CS
3
Clear Street
New York
| $21.3K | -$14.5K | -1,341 | -41% |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $1.09K | +$1.08K | +100 | New |
|
|
GCL
5
Glazer Capital LLC
New York
| $1K | +$1.08K | +100 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $568 | -$18.9K | -1,748 | -97% |
|
PHYT.U Hedge Fund Activity: Q3 2023 in Review
6 of the 6,301 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 Q3 2023, worth a combined $490K — down 32% from $716K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PHYT.U positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 3 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $110K. The largest seller was Spartan Fund Management, cutting an estimated $1.48M.
- 6 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 Q3 2023, up from 3 in Q2 2023.
- Funds reported $490K of Pyrophyte Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q3 2023, down 32% 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 Q3 2023 and 0 closed out, a net change of +3 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 Q3 2023 was Virtu Financial, an estimated $110K 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 Q3 2023 was Spartan Fund Management, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2023.