Pontem Corporation
PNTM
PNTM was delisted on the 25th of May, 2023.
101 hedge funds and large institutions have $666M invested in Pontem Corporation in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 16 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
6% more capital invested
Capital invested by funds: $630M → $666M (+$36.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 112 → 101 (-11)
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$20.5M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$15.9M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$10.6M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$9.27M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$7.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
-$13.2M |
| 2 |
Goldman Sachs
New York
|
-$8.19M |
| 3 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$5.95M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.53M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$4.35M |
PNTM Hedge Fund Activity: Q3 2022 in Review
101 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Pontem Corporation (PNTM) for Q3 2022, worth a combined $666M — up 5.8% from $630M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PNTM and 6 opened new positions — a net loss of 10 holders — while 18 trimmed existing stakes and 22 added.
The largest buyer was Bank of Montreal, adding an estimated $20.5M. The largest seller was Cantor Fitzgerald, cutting an estimated $13.2M.
- 101 institutional investors held Pontem Corporation (PNTM) as of Q3 2022, down from 112 in Q2 2022.
- Funds reported $666M of Pontem Corporation stock for Q3 2022, up 5.8% quarter-over-quarter.
- 6 funds opened new Pontem Corporation positions in Q3 2022 and 16 closed out, a net change of -10 holders.
- The largest Pontem Corporation buyer in Q3 2022 was Bank of Montreal, an estimated $20.5M added.
- The largest Pontem Corporation seller in Q3 2022 was Cantor Fitzgerald, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2022.