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.
22 hedge funds and large institutions have $40.4M 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 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 16 closing their positions.
37% less funds holding
Funds holding: 35 → 22 (-13)
46% less capital invested
Capital invested by funds: $75M → $40.4M (-$34.7M)
81% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 16
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$272K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$259K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.44M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.25M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$4.17M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.02M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.58M |
PMVC.U Hedge Fund Activity: Q1 2021 in Review
22 of the 5,711 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 Q1 2021, worth a combined $40.4M — down 46% from $75M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PMVC.U and 3 opened new positions — a net loss of 13 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $272K. The largest seller was Millennium Management, exiting entirely with an estimated $6.44M sold.
- 22 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 Q1 2021, down from 35 in Q4 2020.
- Funds reported $40.4M 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 Q1 2021, down 46% quarter-over-quarter.
- 3 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 Q1 2021 and 16 closed out, a net change of -13 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 Q1 2021 was Toronto Dominion Bank, an estimated $272K 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 Q1 2021 was Millennium Management, an estimated $6.44M sold.
Based on aggregated 13F filings for Q1 2021.