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.
3 hedge funds and large institutions have $58K 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 13 closing their positions.
80% less funds holding
Funds holding: 15 → 3 (-12)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 13
99% less capital invested
Capital invested by funds: $4.39M → $58K (-$4.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$26.5K |
| 2 |
CS
Clear Street
New York
|
+$25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.49M |
| 2 |
HF
HRT Financial
New York
|
-$992K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$596K |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$280K |
| 5 |
Walleye Capital
New York
|
-$260K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
UBS Group
Zurich,
Switzerland
| $33K | +$26.5K | +2,645 | +419% |
|
|
CS
2
Clear Street
New York
| $25K | +$25K | +2,493 | New |
|
|
MF
3
Magnetar Financial
Evanston,
Illinois
| – | -$26.3K | -2,650,001 | Closed |
|
|
HIM
4
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$1.49M | -150,000 | Closed |
|
|
HF
5
HRT Financial
New York
| – | -$992K | -100,060 | Closed |
|
|
WC
6
Wealthspring Capital
West Harrison,
New York
| – | -$596K | -60,038 | Closed |
|
|
WCMNY
7
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$280K | -28,278 | Closed |
|
|
8
Walleye Capital
New York
| – | -$260K | -26,160 | Closed |
|
|
SIA
9
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$256K | -25,852 | Closed |
|
|
LCM
10
Landscape Capital Management
Englewood,
New Jersey
| – | -$206K | -20,747 | Closed |
|
11
Walleye Trading
New York
| – | -$166K | -16,780 | Closed |
|
|
SMA
12
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$106K | -10,720 | Closed |
|
13
Wells Fargo
San Francisco,
California
| – | -$4K | -400 | Closed |
|
|
FIA
14
FNY Investment Advisers
New York
| – | -$2K | -300 | Closed |
|
PIAI.U Hedge Fund Activity: Q3 2022 in Review
3 of the 5,806 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 Q3 2022, worth a combined $58K — down 99% from $4.39M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PIAI.U and 1 opened new positions — a net loss of 12 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $26.5K. The largest seller was HGC Investment Management, exiting entirely with an estimated $1.49M sold.
- 3 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 Q3 2022, down from 15 in Q2 2022.
- Funds reported $58K 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 Q3 2022, down 99% quarter-over-quarter.
- 1 fund 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 Q3 2022 and 13 closed out, a net change of -12 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 Q3 2022 was UBS Group, an estimated $26.5K 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 Q3 2022 was HGC Investment Management, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2022.