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 $1.7M 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 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 4 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
5% less funds holding
Funds holding: 38 → 36 (-2)
32% less capital invested
Capital invested by funds: $2.51M → $1.7M (-$813K)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$24.1K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.39K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.29K |
| 4 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$1.47K |
| 5 |
AGM
Alpine Global Management
New York
|
+$330 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$7K |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$5K |
| 3 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$3K |
| 4 |
Capstone Investment Advisors
New York
|
-$1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$66 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
PI
27
PEAK6 Investments
Chicago,
Illinois
| $1K | – | – | – |
|
|
AA
28
AQR Arbitrage
Greenwich,
Connecticut
| $1K | +$1 | +20 | +0.1% |
|
|
AGM
29
Alpine Global Management
New York
| $1K | +$330 | +4,490 | +13% |
|
|
LOAMU
30
Lombard Odier Asset Management (USA)
New York
| $1K | +$1.47K | +20,000 | New |
|
|
FTCM
31
Fir Tree Capital Management
New York
| – | -$7K | -59,473 | Closed |
|
|
AR
32
Advisory Research
Chicago,
Illinois
| – | -$5K | -48,000 | Closed |
|
|
ECU
33
Eisler Capital (UK)
London,
United Kingdom
| – | -$3K | -30,000 | Closed |
|
|
34
Capstone Investment Advisors
New York
| – | -$1K | -12,287 | Closed |
|
|
35
UBS Group
Zurich,
Switzerland
| – | -$66 | -899 | -15% |
|
PICC.WS Hedge Fund Activity: Q3 2022 in Review
36 of the 5,805 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 Q3 2022, worth a combined $1.7M — down 32% from $2.51M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PICC.WS and 2 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Magnetar Financial, adding an estimated $24.1K. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $7K 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 Q3 2022, down from 38 in Q2 2022.
- Funds reported $1.7M 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 Q3 2022, down 32% quarter-over-quarter.
- 2 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 Q3 2022 and 4 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 Q3 2022 was Magnetar Financial, an estimated $24.1K 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 Q3 2022 was Fir Tree Capital Management, an estimated $7K sold.
Based on aggregated 13F filings for Q3 2022.