Prime Number Acquisition I Corp. Class A Common Stock
PNAC
PNAC was delisted on the 25th of August, 2023.
25 hedge funds and large institutions have $56M invested in Prime Number Acquisition I Corp. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
11% more capital invested
Capital invested by funds: $50.4M → $56M (+$5.56M)
9% more funds holding
Funds holding: 23 → 25 (+2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$254K |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$170K |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$5.13K |
| 4 |
CC
Centiva Capital
New York
|
+$1.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$301K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$26.6K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.97K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$259 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$259 | -25,900 | Closed |
|
PNAC Hedge Fund Activity: Q4 2022 in Review
25 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Prime Number Acquisition I Corp. Class A Common Stock (PNAC) for Q4 2022, worth a combined $56M — up 11% from $50.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PNAC positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $254K. The largest seller was Karpus Investment Management, cutting an estimated $301K.
- 25 institutional investors held Prime Number Acquisition I Corp. Class A Common Stock (PNAC) as of Q4 2022, up from 23 in Q3 2022.
- Funds reported $56M of Prime Number Acquisition I Corp. Class A Common Stock stock for Q4 2022, up 11% quarter-over-quarter.
- 3 funds opened new Prime Number Acquisition I Corp. Class A Common Stock positions in Q4 2022 and 1 closed out, a net change of +2 holders.
- The largest Prime Number Acquisition I Corp. Class A Common Stock buyer in Q4 2022 was Deutsche Bank, an estimated $254K added.
- The largest Prime Number Acquisition I Corp. Class A Common Stock seller in Q4 2022 was Karpus Investment Management, an estimated $301K sold.
Based on aggregated 13F filings for Q4 2022.