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PIAI.U

Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share

Delisted

PIAI.U was delisted on the 14th of September, 2023.

27 hedge funds and large institutions have $64.1M invested in Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% less funds holding

Funds holding: 4727 (-20)

53% less capital invested

Capital invested by funds: $137M → $64.1M (-$73M)

75% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 12

80% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 25

Holders
27
Holders Change
-20
Holders Change %
-42.55%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
3
Reduced
12
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Walleye Capital
26
Walleye Capital
New York
$297 -$955K -90,000 -75%
HIM
27
HGC Investment Management
Ontario, Canada
-$8.63M -813,153 Closed
PC
28
Periscope Capital
Ontario, Canada
-$5.42M -511,200 Closed
PSAMP
29
P. Schoenfeld Asset Management (PSAM)
New York
-$4.24M -400,000 Closed
SCM
30
Shaolin Capital Management
Florida
-$4.24M -400,000 Closed
SRF
31
Silver Rock Financial
California
-$4.21M -399,299 Closed
FTCM
32
First Trust Capital Management
Illinois
-$3.64M -342,900 Closed
LP
33
LMR Partners
United Kingdom
-$3.28M -309,483 Closed
Jane Street
34
Jane Street
New York
-$3.19M -300,230 Closed
Federated Hermes
35
Federated Hermes
Pennsylvania
-$3.18M -300,000 Closed
Deutsche Bank
36
Deutsche Bank
Germany
-$2.65M -250,000 Closed
PMAM
37
Picton Mahoney Asset Management
Ontario, Canada
-$2.12M -200,000 Closed
SCS
38
Syquant Capital SAS
France
-$2.12M -200,000 Closed
MP
39
Mangrove Partners
Connecticut
-$2.1M -198,000 Closed
KC
40
Kepos Capital
New York
-$1.44M -136,000 Closed
Verition Fund Management
41
Verition Fund Management
Connecticut
-$1.06M -100,000 Closed
BCM
42
Bluefin Capital Management
New York
-$903K -85,100 Closed
EAM
43
Exos Asset Management
New York
-$436K -41,068 Closed
LCS
44
Levin Capital Strategies
New York
-$327K -30,800 Closed
UBS Group
45
UBS Group
Switzerland
-$297K -28,024 Closed
BCM
46
Beryl Capital Management
California
-$253K -23,843 Closed
SSA
47
Schonfeld Strategic Advisors
New York
-$212K -20,000 Closed
KC
48
KCL Capital
New York
-$159K -15,000 Closed
VCM
49
Vivaldi Capital Management
Illinois
-$138K -13,000 Closed
OAC
50
OMERS Administration Corp
Ontario, Canada
-$107K -10,077 Closed

PIAI.U Hedge Fund Activity: Q1 2021 in Review

27 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share (PIAI.U) for Q1 2021, worth a combined $64.1M — down 53% from $137M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of PIAI.U and 5 opened new positions — a net loss of 20 holders — while 12 trimmed existing stakes and 3 added.

The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $3.14M. The largest seller was Millennium Management, cutting an estimated $11.1M.

  • 27 institutional investors held Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share (PIAI.U) as of Q1 2021, down from 47 in Q4 2020.
  • Funds reported $64.1M of Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share stock for Q1 2021, down 53% quarter-over-quarter.
  • 5 funds opened new Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share positions in Q1 2021 and 25 closed out, a net change of -20 holders.
  • The largest Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share buyer in Q1 2021 was Boothbay Fund Management, an estimated $3.14M added.
  • The largest Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share seller in Q1 2021 was Millennium Management, an estimated $11.1M sold.

Based on aggregated 13F filings for Q1 2021.