Pontem Corporation
PNTM
PNTM was delisted on the 25th of May, 2023.
97 hedge funds and large institutions have $501M invested in Pontem Corporation in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 4 closing their positions.
600% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 4
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
33% more funds holding
Funds holding: 73 → 97 (+24)
22% more capital invested
Capital invested by funds: $412M → $501M (+$88.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
+$6.85M |
| 2 |
CC
Covalis Capital
London,
United Kingdom
|
+$6.81M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$6.81M |
| 4 |
Goldman Sachs
New York
|
+$6.64M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$6.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$4.44M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.93M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.46M |
| 4 |
CAC
Cowen and Company
New York
|
-$968K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$598K |
PNTM Hedge Fund Activity: Q2 2021 in Review
97 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Pontem Corporation (PNTM) for Q2 2021, worth a combined $501M — up 22% from $412M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PNTM positions and 4 closed out — a net gain of 24 holders — while 23 added to existing stakes and 10 trimmed.
The largest buyer was Arena Capital Advisors, opening a new position worth an estimated $6.85M. The largest seller was RP Investment Advisors, cutting an estimated $4.44M.
- 97 institutional investors held Pontem Corporation (PNTM) as of Q2 2021, up from 73 in Q1 2021.
- Funds reported $501M of Pontem Corporation stock for Q2 2021, up 22% quarter-over-quarter.
- 28 funds opened new Pontem Corporation positions in Q2 2021 and 4 closed out, a net change of +24 holders.
- The largest Pontem Corporation buyer in Q2 2021 was Arena Capital Advisors, an estimated $6.85M added.
- The largest Pontem Corporation seller in Q2 2021 was RP Investment Advisors, an estimated $4.44M sold.
Based on aggregated 13F filings for Q2 2021.