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 $32.9M 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 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 19 → 19 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
10% less capital invested
Capital invested by funds: $36.4M → $32.9M (-$3.5M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$12.5K |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$8.96K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.98K |
| 4 |
Walleye Capital
New York
|
+$2.99K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$2.77M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$72K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$9.99K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.84K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.08K |
PIAI.U Hedge Fund Activity: Q1 2022 in Review
19 of the 6,341 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 2022, worth a combined $32.9M — down 9.6% from $36.4M a quarter earlier.
Fund positioning in PIAI.U was balanced in Q1 2022: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 4 trimmed.
The largest buyer was Wealthspring Capital, adding an estimated $12.5K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $2.77M 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 Q1 2022, unchanged from Q4 2021.
- Funds reported $32.9M 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 2022, down 9.6% quarter-over-quarter.
- 2 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 2022 and 2 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 Q1 2022 was Wealthspring Capital, an estimated $12.5K 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 2022 was Glazer Capital LLC, an estimated $2.77M sold.
Based on aggregated 13F filings for Q1 2022.