Prime Impact Acquisition I
PIAI
PIAI was delisted on the 14th of September, 2023.
67 hedge funds and large institutions have $226M invested in Prime Impact Acquisition I in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 7 closing their positions.
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
52% more funds holding
Funds holding: 44 → 67 (+23)
30% more capital invested
Capital invested by funds: $174M → $226M (+$52.2M)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$16.3M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$13.1M |
| 3 |
Millennium Management
New York
|
+$7.5M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$6.29M |
| 5 |
TAL
TIG Advisors LLC
New York
|
+$6.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$5.41M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.54M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
-$3.91M |
| 4 |
OP
Omni Partners
London,
United Kingdom
|
-$2.71M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.23M |
PIAI Hedge Fund Activity: Q1 2021 in Review
67 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Prime Impact Acquisition I (PIAI) for Q1 2021, worth a combined $226M — up 30% from $174M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PIAI positions and 7 closed out — a net gain of 23 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was HGC Investment Management, adding an estimated $16.3M. The largest seller was Squarepoint, cutting an estimated $5.41M.
- 67 institutional investors held Prime Impact Acquisition I (PIAI) as of Q1 2021, up from 44 in Q4 2020.
- Funds reported $226M of Prime Impact Acquisition I stock for Q1 2021, up 30% quarter-over-quarter.
- 30 funds opened new Prime Impact Acquisition I positions in Q1 2021 and 7 closed out, a net change of +23 holders.
- The largest Prime Impact Acquisition I buyer in Q1 2021 was HGC Investment Management, an estimated $16.3M added.
- The largest Prime Impact Acquisition I seller in Q1 2021 was Squarepoint, an estimated $5.41M sold.
Based on aggregated 13F filings for Q1 2021.