PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
PMVC.U
PMVC.U was delisted on the 17th of October, 2022.
35 hedge funds and large institutions have $75M invested in PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 14 closing their positions.
17% less funds holding
Funds holding: 42 → 35 (-7)
42% less capital invested
Capital invested by funds: $129M → $75M (-$53.7M)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$2.95M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$2.23M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$649K |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$246K |
| 5 |
PA
Parallel Advisors
San Francisco,
California
|
+$10.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$8.74M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.55M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$5.79M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$5.22M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5M |
PMVC.U Hedge Fund Activity: Q4 2020 in Review
35 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PMVC.U) for Q4 2020, worth a combined $75M — down 42% from $129M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PMVC.U and 7 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $2.95M. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $8.74M sold.
- 35 institutional investors held PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (PMVC.U) as of Q4 2020, down from 42 in Q3 2020.
- Funds reported $75M of PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q4 2020, down 42% quarter-over-quarter.
- 7 funds opened new PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q4 2020 and 14 closed out, a net change of -7 holders.
- The largest PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q4 2020 was Mangrove Partners, an estimated $2.95M added.
- The largest PMV Consumer Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q4 2020 was Gabelli & Co Investment Advisers, an estimated $8.74M sold.
Based on aggregated 13F filings for Q4 2020.