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PIC.U

Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on

Delisted

PIC.U was delisted on the 21st of December, 2020.

23 hedge funds and large institutions have $52M invested in Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 2323 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

28% less capital invested

Capital invested by funds: $72.2M → $52M (-$20.2M)

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

Holders
23
Holders Change
Holders Change %
0%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
3
Reduced
6
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MF
1
Magnetar Financial
Illinois
$13.2M
DKCM
2
Davidson Kempner Capital Management
New York
$10.3M
PC
3
Periscope Capital
Ontario, Canada
$8.22M
SCM
4
Shaolin Capital Management
Florida
$4.5M -$10 -1 -0%
KPF
5
K2 Principal Fund
Ontario, Canada
$3.83M +$736K +72,500 +24%
ACH
6
ArrowMark Colorado Holdings
Colorado
$3.12M
LIM
7
Longfellow Investment Management
Massachusetts
$2.01M -$3.92M -386,100 -66%
RCM
8
Rivernorth Capital Management
Florida
$1.98M -$76.1K -7,505 -4%
YCM
9
Yakira Capital Management
Connecticut
$1.03M
WAM
10
Wolverine Asset Management
Illinois
$673K -$351K -34,594 -35%
BFM
11
Boothbay Fund Management
New York
$668K -$897K -88,456 -58%
CCA
12
Castle Creek Arbitrage
Colorado
$500K +$492K +48,500 New
Walleye Capital
13
Walleye Capital
New York
$411K +$111K +10,900 +38%
GCIA
14
Gabelli & Co Investment Advisers
New York
$409K +$403K +39,700 New
GF
15
Gabelli Funds
New York
$364K +$358K +35,300 New
Walleye Trading
16
Walleye Trading
New York
$274K +$270K +26,600 New
BI
17
Bulldog Investors
New Jersey
$185K -$1.19M -117,379 -87%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
18
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$103K
HIM
19
HGC Investment Management
Ontario, Canada
$65K
PAM
20
Panagora Asset Management
Massachusetts
$65K
UBS Group
21
UBS Group
Switzerland
$15K +$1.01K +100 +7%
TRCT
22
Tower Research Capital (TRC)
New York
$3K +$3.3K +325 New
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$1K +$842 +83 New
OP
24
Omni Partners
United Kingdom
-$10.5M -1,051,272 Closed
PMAM
25
Picton Mahoney Asset Management
Ontario, Canada
-$2.99M -300,000 Closed

PIC.U Hedge Fund Activity: Q2 2020 in Review

23 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on (PIC.U) for Q2 2020, worth a combined $52M — down 28% from $72.2M a quarter earlier.

Fund positioning in PIC.U was balanced in Q2 2020: 6 funds opened new positions, 6 closed out, 3 added to existing stakes and 6 trimmed.

The largest buyer was K2 Principal Fund, adding an estimated $736K. The largest seller was Omni Partners, exiting entirely with an estimated $10.5M sold.

  • 23 institutional investors held Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on (PIC.U) as of Q2 2020, unchanged from Q1 2020.
  • Funds reported $52M of Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on stock for Q2 2020, down 28% quarter-over-quarter.
  • 6 funds opened new Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on positions in Q2 2020 and 6 closed out, a net change of 0 holders.
  • The largest Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on buyer in Q2 2020 was K2 Principal Fund, an estimated $736K added.
  • The largest Pivotal Investment Corporation II Units, each consisting of one share of Class A common stock and on seller in Q2 2020 was Omni Partners, an estimated $10.5M sold.

Based on aggregated 13F filings for Q2 2020.