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.
37 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 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
5% less funds holding
Funds holding: 39 → 37 (-2)
22% less capital invested
Capital invested by funds: $3.21M → $2.51M (-$691K)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
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 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$16K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$12K |
| 5 |
CAC
Cowen and Company
New York
|
-$9K |
PICC.WS Hedge Fund Activity: Q2 2022 in Review
37 of the 5,959 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 22% from $3.21M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PICC.WS and 5 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
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.
- 37 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, down from 39 in 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 22% 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 7 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 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.