Prime Impact Acquisition I
PIAI
PIAI was delisted on the 14th of September, 2023.
69 hedge funds and large institutions have $257M invested in Prime Impact Acquisition I in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 8 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
3% more capital invested
Capital invested by funds: $249M → $257M (+$8.39M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 71 → 69 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$5.82M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$4.84M |
| 3 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
+$2.81M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$2.1M |
| 5 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$5.04M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$4.84M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$1.49M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$1.38M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$645K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
76
Penserra Capital Management
Orinda,
California
| – | -$55K | -5,727 | Closed |
|
77
UBS Group
Zurich,
Switzerland
| – | -$8K | -811 | Closed |
|
PIAI Hedge Fund Activity: Q3 2021 in Review
69 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Prime Impact Acquisition I (PIAI) for Q3 2021, worth a combined $257M — up 3.4% from $249M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PIAI and 6 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 17 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $5.82M. The largest seller was Glazer Capital LLC, cutting an estimated $5.04M.
- 69 institutional investors held Prime Impact Acquisition I (PIAI) as of Q3 2021, down from 71 in Q2 2021.
- Funds reported $257M of Prime Impact Acquisition I stock for Q3 2021, up 3.4% quarter-over-quarter.
- 6 funds opened new Prime Impact Acquisition I positions in Q3 2021 and 8 closed out, a net change of -2 holders.
- The largest Prime Impact Acquisition I buyer in Q3 2021 was D.E. Shaw & Co, an estimated $5.82M added.
- The largest Prime Impact Acquisition I seller in Q3 2021 was Glazer Capital LLC, an estimated $5.04M sold.
Based on aggregated 13F filings for Q3 2021.