Pine Island Acquisition Corp.
PIPP
PIPP was delisted on the 27th of October, 2022.
62 hedge funds and large institutions have $119M invested in Pine Island Acquisition Corp. in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
27% more capital invested
Capital invested by funds: $93.5M → $119M (+$25.2M)
11.67% more ownership
Funds ownership: 44.01% → 55.68% (+12%)
11% more funds holding
Funds holding: 56 → 62 (+6)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
25% less call options, than puts
Call options by funds: $1.82M | Put options by funds: $2.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$5.01M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.94M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.53M |
| 4 |
D.E. Shaw & Co
New York
|
+$2.36M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.81M |
| 2 |
CCM
CAAS Capital Management
New York
|
-$903K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$273K |
| 4 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$247K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$243K |
PIPP Hedge Fund Activity: Q3 2021 in Review
62 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Pine Island Acquisition Corp. (PIPP) for Q3 2021, worth a combined $119M — up 27% from $93.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PIPP positions and 6 closed out — a net gain of 6 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Marshall Wace, adding an estimated $5.01M. The largest seller was Goldman Sachs, cutting an estimated $1.81M.
- 62 institutional investors held Pine Island Acquisition Corp. (PIPP) as of Q3 2021, up from 56 in Q2 2021.
- Funds reported $119M of Pine Island Acquisition Corp. stock for Q3 2021, up 27% quarter-over-quarter.
- 12 funds opened new Pine Island Acquisition Corp. positions in Q3 2021 and 6 closed out, a net change of +6 holders.
- The largest Pine Island Acquisition Corp. buyer in Q3 2021 was Marshall Wace, an estimated $5.01M added.
- The largest Pine Island Acquisition Corp. seller in Q3 2021 was Goldman Sachs, an estimated $1.81M sold.
Based on aggregated 13F filings for Q3 2021.