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.
10 hedge funds and large institutions have $905K 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 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 32 closing their positions.
47% less capital invested
Capital invested by funds: $1.7M → $905K (-$794K)
72% less funds holding
Funds holding: 36 → 10 (-26)
81% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$3.95K |
| 2 |
ETH
Exos TFP Holdings
New York
|
+$1.38K |
| 3 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
+$768 |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$442 |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$410 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Athos Capital
Hong Kong
|
-$296K |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$237K |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$237K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$18K |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AGM
26
Alpine Global Management
New York
| – | -$1K | -40,349 | Closed |
|
27
AllianceBernstein
Nashville,
Tennessee
| – | -$1K | -34,926 | Closed |
|
|
AC
28
Athos Capital
Hong Kong
| – | -$296K | -29,999 | Closed |
|
29
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$1K | -29,300 | Closed |
|
|
AA
30
AQR Arbitrage
Greenwich,
Connecticut
| – | -$1K | -26,971 | Closed |
|
|
AGC
31
Angelo Gordon & Co
New York
| – | -$237K | -24,000 | Closed |
|
|
LP
32
LMR Partners
London,
United Kingdom
| – | -$237K | -24,000 | Closed |
|
33
Goldman Sachs
New York
| – | -$1K | -20,090 | Closed |
|
|
ACA
34
Arena Capital Advisors
Los Angeles,
California
| – | -$1K | -20,062 | Closed |
|
35
Balyasny Asset Management
Chicago,
Illinois
| – | -$1K | -20,000 | Closed |
|
|
LOAMU
36
Lombard Odier Asset Management (USA)
New York
| – | -$1K | -20,000 | Closed |
|
|
PI
37
PEAK6 Investments
Chicago,
Illinois
| – | -$1K | -20,000 | Closed |
|
|
ESCM
38
Echo Street Capital Management
New York
| – | -$1K | -19,999 | Closed |
|
PICC.WS Hedge Fund Activity: Q4 2022 in Review
10 of the 6,221 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 2022, worth a combined $905K — down 47% from $1.7M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PICC.WS and 6 opened new positions — a net loss of 26 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Altshuler Shaham, opening a new position worth an estimated $3.95K. The largest seller was Athos Capital, exiting entirely with an estimated $296K sold.
- 10 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 2022, down from 36 in Q3 2022.
- Funds reported $905K 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 2022, down 47% quarter-over-quarter.
- 6 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 2022 and 32 closed out, a net change of -26 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 2022 was Altshuler Shaham, an estimated $3.95K 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 2022 was Athos Capital, an estimated $296K sold.
Based on aggregated 13F filings for Q4 2022.