Prime Number Acquisition I Corp. Class A Common Stock
PNAC
PNAC was delisted on the 25th of August, 2023.
26 hedge funds and large institutions have $63.6M invested in Prime Number Acquisition I Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
14% more capital invested
Capital invested by funds: $56M → $63.6M (+$7.64M)
4% more funds holding
Funds holding: 25 → 26 (+1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$4.77M |
| 2 |
RL
RPO LLC
Stamford,
Connecticut
|
+$3.11M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.03M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$772K |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.12M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$291K |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$166K |
| 4 |
Two Sigma Investments
New York
|
-$99.4K |
| 5 |
E
Ergoteles
New York
|
-$51.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $622 | -$3.65K | -355 | -86% |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| – | -$3.12M | -307,031 | Closed |
|
|
SSA
28
Schonfeld Strategic Advisors
New York
| – | -$166K | -16,354 | Closed |
|
PNAC Hedge Fund Activity: Q1 2023 in Review
26 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Prime Number Acquisition I Corp. Class A Common Stock (PNAC) for Q1 2023, worth a combined $63.6M — up 14% from $56M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PNAC positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $4.77M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $3.12M sold.
- 26 institutional investors held Prime Number Acquisition I Corp. Class A Common Stock (PNAC) as of Q1 2023, up from 25 in Q4 2022.
- Funds reported $63.6M of Prime Number Acquisition I Corp. Class A Common Stock stock for Q1 2023, up 14% quarter-over-quarter.
- 3 funds opened new Prime Number Acquisition I Corp. Class A Common Stock positions in Q1 2023 and 2 closed out, a net change of +1 holder.
- The largest Prime Number Acquisition I Corp. Class A Common Stock buyer in Q1 2023 was Glazer Capital LLC, an estimated $4.77M added.
- The largest Prime Number Acquisition I Corp. Class A Common Stock seller in Q1 2023 was Wolverine Asset Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q1 2023.