Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant
PICC.U
PICC.U was delisted on the 9th of February, 2023.
105 hedge funds and large institutions have $225M invested in Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 105 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$20.8M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$20.6M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$11.8M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$11.7M |
| 5 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$10.3M |
Top Sellers
PICC.U Hedge Fund Activity: Q1 2021 in Review
105 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (PICC.U) for Q1 2021, worth a combined $225M.
Buyers outnumbered sellers: 105 funds opened new PICC.U positions and 0 closed out — a net gain of 105 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $20.8M.
- 105 institutional investors held Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant (PICC.U) as of Q1 2021, up from 0 in Q4 2020.
- Funds reported $225M of Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant stock for Q1 2021.
- 105 funds opened new Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant positions in Q1 2021 and 0 closed out, a net change of +105 holders.
- The largest Pivotal Investment Corporation III Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant buyer in Q1 2021 was Magnetar Financial, an estimated $20.8M added.
Based on aggregated 13F filings for Q1 2021.