Prime Impact Acquisition I
PIAI
PIAI was delisted on the 14th of September, 2023.
77 hedge funds and large institutions have $270M invested in Prime Impact Acquisition I in 2021 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
12% more funds holding
Funds holding: 69 → 77 (+8)
5% more capital invested
Capital invested by funds: $257M → $270M (+$12.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$2.85M |
| 2 |
Millennium Management
New York
|
+$2.73M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.18M |
| 4 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
+$1.08M |
| 5 |
HIH
HRS Investment Holdings
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$2.53M |
| 2 |
JP Morgan Chase
New York
|
-$2.19M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$2.09M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$688K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$665K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Morgan Stanley
New York
| $22K | – | – | – |
|
|
77
JP Morgan Chase
New York
| – | -$2.19M | -223,347 | Closed |
|
|
EIP
78
Easterly Investment Partners
Beverly,
Massachusetts
| – | -$491K | -49,998 | Closed |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$243K | -24,460 | Closed |
|
80
Parallax Volatility Advisers
San Francisco,
California
| – | -$207K | -21,041 | Closed |
|
|
VCM
81
Vivaldi Capital Management
Chicago,
Illinois
| – | -$128K | -12,999 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$1.56K | -159 | -91% |
|
PIAI Hedge Fund Activity: Q4 2021 in Review
77 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Prime Impact Acquisition I (PIAI) for Q4 2021, worth a combined $270M — up 5% from $257M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PIAI positions and 5 closed out — a net gain of 10 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was HSBC Holdings, adding an estimated $2.85M. The largest seller was Silver Rock Financial, cutting an estimated $2.53M.
- 77 institutional investors held Prime Impact Acquisition I (PIAI) as of Q4 2021, up from 69 in Q3 2021.
- Funds reported $270M of Prime Impact Acquisition I stock for Q4 2021, up 5% quarter-over-quarter.
- 15 funds opened new Prime Impact Acquisition I positions in Q4 2021 and 5 closed out, a net change of +10 holders.
- The largest Prime Impact Acquisition I buyer in Q4 2021 was HSBC Holdings, an estimated $2.85M added.
- The largest Prime Impact Acquisition I seller in Q4 2021 was Silver Rock Financial, an estimated $2.53M sold.
Based on aggregated 13F filings for Q4 2021.