Pinstripes Holdings, Inc.
PNST
PNST was delisted on the 5th of March, 2025.
24 hedge funds and large institutions have $37.6M invested in Pinstripes Holdings, Inc. in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 50 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
59% less funds holding
Funds holding: 59 → 24 (-35)
68% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 50
84% less capital invested
Capital invested by funds: $232M → $37.6M (-$195M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLG
Cooperman Leon G
|
+$2.85M |
| 2 |
QL
Quarry LP
New York
|
+$2.68M |
| 3 |
Walleye Capital
New York
|
+$2.65M |
| 4 |
ETH
Exos TFP Holdings
New York
|
+$2.25M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$21.5M |
| 2 |
SCM
Saba Capital Management
New York
|
-$16.3M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$12.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$12.3M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$12M |
PNST Hedge Fund Activity: Q2 2023 in Review
24 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Pinstripes Holdings, Inc. (PNST) for Q2 2023, worth a combined $37.6M — down 84% from $232M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PNST and 16 opened new positions — a net loss of 34 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Cooperman Leon G, opening a new position worth an estimated $2.85M. The largest seller was Highbridge Capital Management, cutting an estimated $21.5M.
- 24 institutional investors held Pinstripes Holdings, Inc. (PNST) as of Q2 2023, down from 59 in Q1 2023.
- Funds reported $37.6M of Pinstripes Holdings, Inc. stock for Q2 2023, down 84% quarter-over-quarter.
- 16 funds opened new Pinstripes Holdings, Inc. positions in Q2 2023 and 50 closed out, a net change of -34 holders.
- The largest Pinstripes Holdings, Inc. buyer in Q2 2023 was Cooperman Leon G, an estimated $2.85M added.
- The largest Pinstripes Holdings, Inc. seller in Q2 2023 was Highbridge Capital Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q2 2023.