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 $2.51M 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 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 38 → 38 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
21% less capital invested
Capital invested by funds: $3.19M → $2.51M (-$677K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$11K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$10.5K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.74K |
| 4 |
CS
Clear Street
New York
|
+$4.17K |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$3.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$56K |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$24K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$12K |
| 4 |
CAC
Cowen and Company
New York
|
-$9K |
| 5 |
TCA
Taconic Capital Advisors
New York
|
-$9K |
PICC.WS Hedge Fund Activity: Q2 2022 in Review
38 of the 5,936 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 Q2 2022, worth a combined $2.51M — down 21% from $3.19M a quarter earlier.
Fund positioning in PICC.WS was balanced in Q2 2022: 5 funds opened new positions, 5 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $11K. The largest seller was Parallax Volatility Advisers, exiting entirely with an estimated $56K 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 Q2 2022, unchanged from Q1 2022.
- Funds reported $2.51M 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 Q2 2022, down 21% 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 Q2 2022 and 5 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 Q2 2022 was Alpine Global Management, an estimated $11K 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 Q2 2022 was Parallax Volatility Advisers, an estimated $56K sold.
Based on aggregated 13F filings for Q2 2022.