Prime Impact Acquisition I
PIAI
PIAI was delisted on the 14th of September, 2023.
69 hedge funds and large institutions have $288M invested in Prime Impact Acquisition I in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 10 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
3% more capital invested
Capital invested by funds: $280M → $288M (+$8M)
7% less funds holding
Funds holding: 74 → 69 (-5)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$17.5M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$13M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$3.48M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.09M |
| 5 |
D.E. Shaw & Co
New York
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$16.9M |
| 2 |
Millennium Management
New York
|
-$7.44M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$7.35M |
| 4 |
KCM
Kawa Capital Management
Hallandale Beach,
Florida
|
-$3.46M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.5M |
PIAI Hedge Fund Activity: Q2 2022 in Review
69 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Prime Impact Acquisition I (PIAI) for Q2 2022, worth a combined $288M — up 2.9% from $280M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PIAI and 6 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 22 added.
The largest buyer was Bank of Montreal, adding an estimated $17.5M. The largest seller was Linden Advisors, cutting an estimated $16.9M.
- 69 institutional investors held Prime Impact Acquisition I (PIAI) as of Q2 2022, down from 74 in Q1 2022.
- Funds reported $288M of Prime Impact Acquisition I stock for Q2 2022, up 2.9% quarter-over-quarter.
- 6 funds opened new Prime Impact Acquisition I positions in Q2 2022 and 10 closed out, a net change of -4 holders.
- The largest Prime Impact Acquisition I buyer in Q2 2022 was Bank of Montreal, an estimated $17.5M added.
- The largest Prime Impact Acquisition I seller in Q2 2022 was Linden Advisors, an estimated $16.9M sold.
Based on aggregated 13F filings for Q2 2022.