Pine Island Acquisition Corp.
PIPP
PIPP was delisted on the 27th of October, 2022.
61 hedge funds and large institutions have $112M invested in Pine Island Acquisition Corp. in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 18 closing their positions.
231% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $3.67M
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
2% less funds holding
Funds holding: 62 → 61 (-1)
6% less capital invested
Capital invested by funds: $119M → $112M (-$6.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$6.26M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.49M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.89M |
| 4 |
TAL
TIG Advisors LLC
New York
|
+$2.83M |
| 5 |
CCM
Context Capital Management
Lajolla,
California
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$6.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.77M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.44M |
| 4 |
HP
Hartree Partners
New York
|
-$4.37M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MCF Advisors
Covington,
Kentucky
| – | -$15K | -1,530 | Closed |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -191 | Closed |
|
PIPP Hedge Fund Activity: Q4 2021 in Review
61 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Pine Island Acquisition Corp. (PIPP) for Q4 2021, worth a combined $112M — down 5.7% from $119M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PIPP and 17 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 17 added.
The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $6.26M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $6.78M sold.
- 61 institutional investors held Pine Island Acquisition Corp. (PIPP) as of Q4 2021, down from 62 in Q3 2021.
- Funds reported $112M of Pine Island Acquisition Corp. stock for Q4 2021, down 5.7% quarter-over-quarter.
- 17 funds opened new Pine Island Acquisition Corp. positions in Q4 2021 and 18 closed out, a net change of -1 holder.
- The largest Pine Island Acquisition Corp. buyer in Q4 2021 was Highbridge Capital Management, an estimated $6.26M added.
- The largest Pine Island Acquisition Corp. seller in Q4 2021 was Glazer Capital LLC, an estimated $6.78M sold.
Based on aggregated 13F filings for Q4 2021.