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
PIAI.U was delisted on the 14th of September, 2023.
19 hedge funds and large institutions have $36.4M 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 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 19 → 19 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
12% less capital invested
Capital invested by funds: $41.4M → $36.4M (-$5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$72.3K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$18K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$10.1K |
| 4 |
Walleye Capital
New York
|
+$6.93K |
| 5 |
SC
Sculptor Capital
New York
|
+$40 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.01M |
| 2 |
HP
Hound Partners
New York
|
-$2.98M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$323K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$5.02K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$602 |
PIAI.U Hedge Fund Activity: Q4 2021 in Review
19 of the 6,499 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 Q4 2021, worth a combined $36.4M — down 12% from $41.4M a quarter earlier.
Fund positioning in PIAI.U was balanced in Q4 2021: 3 funds opened new positions, 3 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Qube Research & Technologies (QRT), opening a new position worth an estimated $72.3K. The largest seller was Millennium Management, exiting entirely with an estimated $3.01M sold.
- 19 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 Q4 2021, unchanged from Q3 2021.
- Funds reported $36.4M 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 Q4 2021, down 12% quarter-over-quarter.
- 3 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 Q4 2021 and 3 closed out, a net change of 0 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 Q4 2021 was Qube Research & Technologies (QRT), an estimated $72.3K 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 Q4 2021 was Millennium Management, an estimated $3.01M sold.
Based on aggregated 13F filings for Q4 2021.