Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares
PLAO
PLAO was delisted on the 18th of March, 2025.
20 hedge funds and large institutions have $51.3M invested in Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 16 closing their positions.
35% less funds holding
Funds holding: 31 → 20 (-11)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
72% less capital invested
Capital invested by funds: $184M → $51.3M (-$133M)
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.91M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.37M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$148K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$118K |
| 5 |
CS
Clear Street
New York
|
+$1.14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$14.5M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$13M |
| 3 |
LA
Linden Advisors
New York
|
-$11.3M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$10.1M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$8.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Verition Fund Management
Greenwich,
Connecticut
| – | -$5.41M | -478,974 | Closed |
|
|
HIM
27
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$5.08M | -450,000 | Closed |
|
|
AMC
28
Atlas Merchant Capital
New York
| – | -$4.52M | -400,000 | Closed |
|
|
WC
29
Wealthspring Capital
West Harrison,
New York
| – | -$3.43M | -303,781 | Closed |
|
|
CC
30
Centiva Capital
New York
| – | -$2.26M | -200,000 | Closed |
|
|
CM
31
Crystalline Management
Montreal, Quebec,
Canada
| – | -$1.13M | -100,000 | Closed |
|
|
LP
32
LMR Partners
London,
United Kingdom
| – | -$1.13M | -100,000 | Closed |
|
|
SCM
33
Shaolin Capital Management
Miami,
Florida
| – | -$1.13M | -100,000 | Closed |
|
34
D.E. Shaw & Co
New York
| – | -$876K | -77,604 | Closed |
|
|
BCM
35
BCK Capital Management
Stamford,
Connecticut
| – | -$838K | -74,268 | Closed |
|
|
BI
36
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$661K | -58,554 | Closed |
|
PLAO Hedge Fund Activity: Q2 2024 in Review
20 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares (PLAO) for Q2 2024, worth a combined $51.3M — down 72% from $184M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PLAO and 5 opened new positions — a net loss of 11 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was Meteora Capital, adding an estimated $2.91M. The largest seller was W.R. Berkley Corp, cutting an estimated $14.5M.
- 20 institutional investors held Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares (PLAO) as of Q2 2024, down from 31 in Q1 2024.
- Funds reported $51.3M of Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares stock for Q2 2024, down 72% quarter-over-quarter.
- 5 funds opened new Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares positions in Q2 2024 and 16 closed out, a net change of -11 holders.
- The largest Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares buyer in Q2 2024 was Meteora Capital, an estimated $2.91M added.
- The largest Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares seller in Q2 2024 was W.R. Berkley Corp, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2024.