Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
PIPP.U
PIPP.U was delisted on the 27th of October, 2022.
9 hedge funds and large institutions have $3.11M invested in Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
31% less funds holding
Funds holding: 13 → 9 (-4)
62% less capital invested
Capital invested by funds: $8.17M → $3.11M (-$5.06M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.76M |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$288K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$30.7K |
| 4 |
CS
Clear Street
New York
|
-$13K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$6.61K |
PIPP.U Hedge Fund Activity: Q3 2022 in Review
9 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (PIPP.U) for Q3 2022, worth a combined $3.11M — down 62% from $8.17M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PIPP.U and 0 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $11.8K. The largest seller was Magnetar Financial, exiting entirely with an estimated $3.76M sold.
- 9 institutional investors held Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant (PIPP.U) as of Q3 2022, down from 13 in Q2 2022.
- Funds reported $3.11M of Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant stock for Q3 2022, down 62% quarter-over-quarter.
- 0 funds opened new Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant positions in Q3 2022 and 3 closed out, a net change of -3 holders.
- The largest Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant buyer in Q3 2022 was Susquehanna International Group, an estimated $11.8K added.
- The largest Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant seller in Q3 2022 was Magnetar Financial, an estimated $3.76M sold.
Based on aggregated 13F filings for Q3 2022.