Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share
PICC.WS
PICC.WS was delisted on the 25th of October, 2022.
36 hedge funds and large institutions have $4.68M invested in Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
29% more capital invested
Capital invested by funds: $3.63M → $4.68M (+$1.05M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less funds holding
Funds holding: 37 → 36 (-1)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$97.1K |
| 2 |
KC
Kepos Capital
New York
|
+$65.4K |
| 3 |
AGC
Angelo Gordon & Co
New York
|
+$22K |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$16.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$81K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$51.3K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$37K |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$26K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Blackstone Inc
New York
| $23K | – | – | – |
|
|
ESCM
27
Echo Street Capital Management
New York
| $19K | – | – | – |
|
|
TCA
28
Taconic Capital Advisors
New York
| $19K | – | – | – |
|
|
ACA
29
Arena Capital Advisors
Los Angeles,
California
| $18K | – | – | – |
|
30
Balyasny Asset Management
Chicago,
Illinois
| $18K | – | – | – |
|
31
Goldman Sachs
New York
| $16K | – | – | – |
|
|
PI
32
PEAK6 Investments
Chicago,
Illinois
| $16K | – | – | – |
|
33
Capstone Investment Advisors
New York
| $12K | – | – | – |
|
|
CC
34
Centiva Capital
New York
| $10K | – | – | – |
|
35
Wellington Management Group
Boston,
Massachusetts
| $10K | – | – | – |
|
|
DCM
36
Dupont Capital Management
Wilmington,
Delaware
| $3K | – | – | – |
|
|
BCM
37
BlueCrest Capital Management
St Helier,
Jersey
| – | -$81K | -92,200 | Closed |
|
|
KPF
38
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$26K | -29,132 | Closed |
|
|
WAM
39
Wolverine Asset Management
Chicago,
Illinois
| – | -$5K | -6,201 | Closed |
|
|
EAM
40
Exos Asset Management
New York
| – | -$2K | -2,500 | Closed |
|
PICC.WS Hedge Fund Activity: Q4 2021 in Review
36 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share (PICC.WS) for Q4 2021, worth a combined $4.68M — up 29% from $3.63M a quarter earlier.
Fund positioning in PICC.WS was balanced in Q4 2021: 4 funds opened new positions, 4 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $97.1K. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $81K sold.
- 36 institutional investors held Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share (PICC.WS) as of Q4 2021, down from 37 in Q3 2021.
- Funds reported $4.68M of Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share stock for Q4 2021, up 29% quarter-over-quarter.
- 4 funds opened new Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share positions in Q4 2021 and 4 closed out, a net change of 0 holders.
- The largest Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share buyer in Q4 2021 was Glazer Capital LLC, an estimated $97.1K added.
- The largest Pivotal Investment Corporation III Redeemable Warrants, each whole warrant exercisable for shares of Class A common stock at an exercise price of $11.50 per share seller in Q4 2021 was BlueCrest Capital Management, an estimated $81K sold.
Based on aggregated 13F filings for Q4 2021.