Prime Impact Acquisition I
PIAI
PIAI was delisted on the 14th of September, 2023.
26 hedge funds and large institutions have $58.8M invested in Prime Impact Acquisition I in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% less capital invested
Capital invested by funds: $60.7M → $58.8M (-$1.88M)
4% less funds holding
Funds holding: 27 → 26 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$3.44M |
| 2 |
GCWM
Graham Capital Wealth Management
Washington D.c.,
District of Columbia
|
+$3.11M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.31M |
| 4 |
SC
Shay Capital
New York
|
+$172K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCFM
Cohen & Co Financial Management
New York
|
-$5.53M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.74M |
| 3 |
HF
HRT Financial
New York
|
-$527K |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$513K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$256K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FSI
26
Flow State Investments
Chicago,
Illinois
| $103K | +$102K | +10,000 | New |
|
|
CCFM
27
Cohen & Co Financial Management
New York
| – | -$5.53M | -549,724 | Closed |
|
|
UOC
28
UBS O'Connor
Chicago,
Illinois
| – | -$4.74M | -471,326 | Closed |
|
|
PCM
29
Prelude Capital Management
New York
| – | -$256K | -25,400 | Closed |
|
|
OMC
30
Old Mission Capital
Chicago,
Illinois
| – | -$1K | -14,160 | Closed |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$101 | -10,017 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$58K | -5,779 | Closed |
|
PIAI Hedge Fund Activity: Q4 2022 in Review
26 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Prime Impact Acquisition I (PIAI) for Q4 2022, worth a combined $58.8M — down 3.1% from $60.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PIAI and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 1 added.
The largest buyer was Sea Otter Advisors, opening a new position worth an estimated $3.44M. The largest seller was Cohen & Co Financial Management, exiting entirely with an estimated $5.53M sold.
- 26 institutional investors held Prime Impact Acquisition I (PIAI) as of Q4 2022, down from 27 in Q3 2022.
- Funds reported $58.8M of Prime Impact Acquisition I stock for Q4 2022, down 3.1% quarter-over-quarter.
- 5 funds opened new Prime Impact Acquisition I positions in Q4 2022 and 6 closed out, a net change of -1 holder.
- The largest Prime Impact Acquisition I buyer in Q4 2022 was Sea Otter Advisors, an estimated $3.44M added.
- The largest Prime Impact Acquisition I seller in Q4 2022 was Cohen & Co Financial Management, an estimated $5.53M sold.
Based on aggregated 13F filings for Q4 2022.