Priveterra Acquisition Corp. Units
PMGMU
PMGMU was delisted on the 21st of July, 2023.
24 hedge funds and large institutions have $14.9M invested in Priveterra Acquisition Corp. Units in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 14 closing their positions.
33% less funds holding
Funds holding: 36 → 24 (-12)
45% less capital invested
Capital invested by funds: $27M → $14.9M (-$12.1M)
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$498K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$442K |
| 3 |
VF
Virtu Financial
New York
|
+$181K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$2.52M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.46M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.57M |
| 4 |
Jane Street
New York
|
-$1.32M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$986K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
26
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$2.46M | -250,000 | Closed |
|
|
27
Alyeska Investment Group
Chicago,
Illinois
| – | -$1.57M | -160,002 | Closed |
|
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$986K | -100,000 | Closed |
|
|
WCMNY
29
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$892K | -90,690 | Closed |
|
|
CIM
30
Cowen Investment Management
New York
| – | -$737K | -75,000 | Closed |
|
|
E
31
Ergoteles
New York
| – | -$240K | -24,400 | Closed |
|
32
Verition Fund Management
Greenwich,
Connecticut
| – | -$197K | -20,000 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$190K | -19,313 | Closed |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$124K | -12,645 | Closed |
|
|
GCL
35
Glazer Capital LLC
New York
| – | -$102K | -10,381 | Closed |
|
|
AC
36
Almitas Capital
Santa Monica,
California
| – | -$49K | -5,000 | Closed |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$22K | -2,306 | Closed |
|
PMGMU Hedge Fund Activity: Q4 2022 in Review
24 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Priveterra Acquisition Corp. Units (PMGMU) for Q4 2022, worth a combined $14.9M — down 45% from $27M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PMGMU and 2 opened new positions — a net loss of 12 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $498K. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $2.52M sold.
- 24 institutional investors held Priveterra Acquisition Corp. Units (PMGMU) as of Q4 2022, down from 36 in Q3 2022.
- Funds reported $14.9M of Priveterra Acquisition Corp. Units stock for Q4 2022, down 45% quarter-over-quarter.
- 2 funds opened new Priveterra Acquisition Corp. Units positions in Q4 2022 and 14 closed out, a net change of -12 holders.
- The largest Priveterra Acquisition Corp. Units buyer in Q4 2022 was Cowen and Company, an estimated $498K added.
- The largest Priveterra Acquisition Corp. Units seller in Q4 2022 was TIG Advisors LLC, an estimated $2.52M sold.
Based on aggregated 13F filings for Q4 2022.