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 $50.7M invested in Prime Number Acquisition I Corp. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 13 closing their positions.
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
4% less funds holding
Funds holding: 26 → 25 (-1)
20% less capital invested
Capital invested by funds: $63.6M → $50.7M (-$12.9M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.44M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.65M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$2.87M |
| 4 |
Walleye Capital
New York
|
+$2.37M |
| 5 |
AMC
Atlas Merchant Capital
New York
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$6.3M |
| 2 |
ASM
ATW SPAC Management
New York
|
-$6.16M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$4.81M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$4.62M |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
-$3.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
26
Shaolin Capital Management
Miami,
Florida
| – | -$6.3M | -600,000 | Closed |
|
|
ASM
27
ATW SPAC Management
New York
| – | -$6.16M | -594,000 | Closed |
|
|
GCL
28
Glazer Capital LLC
New York
| – | -$4.81M | -463,827 | Closed |
|
|
BFM
29
Boothbay Fund Management
New York
| – | -$4.62M | -445,500 | Closed |
|
|
RL
30
RPO LLC
Stamford,
Connecticut
| – | -$3.14M | -302,328 | Closed |
|
31
D.E. Shaw & Co
New York
| – | -$3.07M | -297,000 | Closed |
|
|
CH
32
CVI Holdings
Wilmington,
Delaware
| – | -$2.54M | -245,075 | Closed |
|
33
Two Sigma Investments
New York
| – | -$1.46M | -140,344 | Closed |
|
|
KPF
34
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$778K | -75,008 | Closed |
|
|
CC
35
Centiva Capital
New York
| – | -$415K | -40,135 | Closed |
|
|
E
36
Ergoteles
New York
| – | -$321K | -31,000 | Closed |
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$283K | -27,280 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$5K | -487 | Closed |
|
PNAC Hedge Fund Activity: Q2 2023 in Review
25 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Prime Number Acquisition I Corp. Class A Common Stock (PNAC) for Q2 2023, worth a combined $50.7M — down 20% from $63.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PNAC and 12 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 4 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $4.44M. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $6.3M sold.
- 25 institutional investors held Prime Number Acquisition I Corp. Class A Common Stock (PNAC) as of Q2 2023, down from 26 in Q1 2023.
- Funds reported $50.7M of Prime Number Acquisition I Corp. Class A Common Stock stock for Q2 2023, down 20% quarter-over-quarter.
- 12 funds opened new Prime Number Acquisition I Corp. Class A Common Stock positions in Q2 2023 and 13 closed out, a net change of -1 holder.
- The largest Prime Number Acquisition I Corp. Class A Common Stock buyer in Q2 2023 was Westchester Capital Management (New York), an estimated $4.44M added.
- The largest Prime Number Acquisition I Corp. Class A Common Stock seller in Q2 2023 was Shaolin Capital Management, an estimated $6.3M sold.
Based on aggregated 13F filings for Q2 2023.