Pine Island Acquisition Corp.
PIPP
PIPP was delisted on the 27th of October, 2022.
62 hedge funds and large institutions have $149M invested in Pine Island Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 11 closing their positions.
1,577% more call options, than puts
Call options by funds: $1.78M | Put options by funds: $106K
18% more capital invested
Capital invested by funds: $126M → $149M (+$23.1M)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
9.95% more ownership
Funds ownership: 58.63% → 68.59% (+10%)
5% less funds holding
Funds holding: 65 → 62 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.03M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$4.05M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.97M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.63M |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.96M |
| 2 |
Goldman Sachs
New York
|
-$1.08M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.04M |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$993K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$780K |
PIPP Hedge Fund Activity: Q3 2022 in Review
62 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Pine Island Acquisition Corp. (PIPP) for Q3 2022, worth a combined $149M — up 18% from $126M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PIPP and 8 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $8.03M. The largest seller was Citigroup, exiting entirely with an estimated $2.96M sold.
- 62 institutional investors held Pine Island Acquisition Corp. (PIPP) as of Q3 2022, down from 65 in Q2 2022.
- Funds reported $149M of Pine Island Acquisition Corp. stock for Q3 2022, up 18% quarter-over-quarter.
- 8 funds opened new Pine Island Acquisition Corp. positions in Q3 2022 and 11 closed out, a net change of -3 holders.
- The largest Pine Island Acquisition Corp. buyer in Q3 2022 was BNP Paribas Financial Markets, an estimated $8.03M added.
- The largest Pine Island Acquisition Corp. seller in Q3 2022 was Citigroup, an estimated $2.96M sold.
Based on aggregated 13F filings for Q3 2022.