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.
38 hedge funds and large institutions have $3.19M 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 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 36 → 38 (+2)
32% less capital invested
Capital invested by funds: $4.68M → $3.19M (-$1.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$110K |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$57.9K |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
+$35.5K |
| 4 |
CAC
Cowen and Company
New York
|
+$9.59K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$87K |
| 2 |
Blackstone Inc
New York
|
-$23K |
| 3 |
CC
Centiva Capital
New York
|
-$10K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
26
CSS LLC
Chicago,
Illinois
| $12K | – | – | – |
|
|
AA
27
AQR Arbitrage
Greenwich,
Connecticut
| $11K | – | – | – |
|
|
ACA
28
Arena Capital Advisors
Los Angeles,
California
| $9K | – | – | – |
|
29
Balyasny Asset Management
Chicago,
Illinois
| $9K | – | – | – |
|
|
ESCM
30
Echo Street Capital Management
New York
| $9K | – | – | – |
|
31
Goldman Sachs
New York
| $9K | – | – | – |
|
|
PI
32
PEAK6 Investments
Chicago,
Illinois
| $9K | – | – | – |
|
|
TCA
33
Taconic Capital Advisors
New York
| $9K | – | – | – |
|
|
CAC
34
Cowen and Company
New York
| $9K | +$9.59K | +20,000 | New |
|
35
Capstone Investment Advisors
New York
| $6K | – | – | – |
|
36
Wellington Management Group
Boston,
Massachusetts
| $5K | – | – | – |
|
|
DCM
37
Dupont Capital Management
Wilmington,
Delaware
| $1K | – | – | – |
|
38
UBS Group
Zurich,
Switzerland
| $1K | +$1.01K | +2,100 | New |
|
|
AA
39
Ancora Advisors
Cleveland,
Ohio
| $1K | +$1.08K | +2,250 | +806% |
|
|
GCL
40
Glazer Capital LLC
New York
| – | -$87K | -106,184 | Closed |
|
|
41
Blackstone Inc
New York
| – | -$23K | -24,000 | Closed |
|
|
CC
42
Centiva Capital
New York
| – | -$10K | -10,000 | Closed |
|
PICC.WS Hedge Fund Activity: Q1 2022 in Review
38 of the 6,340 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 Q1 2022, worth a combined $3.19M — down 32% from $4.68M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PICC.WS positions and 3 closed out — a net gain of 2 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Aristeia Capital, opening a new position worth an estimated $110K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $87K sold.
- 38 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 Q1 2022, up from 36 in Q4 2021.
- Funds reported $3.19M 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 Q1 2022, down 32% quarter-over-quarter.
- 5 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 Q1 2022 and 3 closed out, a net change of +2 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 Q1 2022 was Aristeia Capital, an estimated $110K 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 Q1 2022 was Glazer Capital LLC, an estimated $87K sold.
Based on aggregated 13F filings for Q1 2022.