Pivotal Investment Corporation III
PICC
PICC was delisted on the 7th of February, 2023.
3 hedge funds and large institutions have $1.22M invested in Pivotal Investment Corporation III in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 3 closing their positions.
26% less capital invested
Capital invested by funds: $1.65M → $1.22M (-$435K)
40% less funds holding
Funds holding: 5 → 3 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$404K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$180K |
| 3 |
CS
Clear Street
New York
|
-$5.01K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.1K |
PICC Hedge Fund Activity: Q2 2023 in Review
3 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pivotal Investment Corporation III (PICC) for Q2 2023, worth a combined $1.22M — down 26% from $1.65M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PICC and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Schechter Investment Advisors, opening a new position worth an estimated $131K. The largest seller was Tidal Investments, exiting entirely with an estimated $404K sold.
- 3 institutional investors held Pivotal Investment Corporation III (PICC) as of Q2 2023, down from 5 in Q1 2023.
- Funds reported $1.22M of Pivotal Investment Corporation III stock for Q2 2023, down 26% quarter-over-quarter.
- 1 fund opened new Pivotal Investment Corporation III positions in Q2 2023 and 3 closed out, a net change of -2 holders.
- The largest Pivotal Investment Corporation III buyer in Q2 2023 was Schechter Investment Advisors, an estimated $131K added.
- The largest Pivotal Investment Corporation III seller in Q2 2023 was Tidal Investments, an estimated $404K sold.
Based on aggregated 13F filings for Q2 2023.