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PNTM.U

Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant

Delisted

PNTM.U was delisted on the 26th of May, 2023.

26 hedge funds and large institutions have $23.5M invested in Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less funds holding

Funds holding: 2926 (-3)

24% less capital invested

Capital invested by funds: $30.8M → $23.5M (-$7.32M)

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
26
Holders Change
-3
Holders Change %
-10.34%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
5
Reduced
7
Closed
5
Calls
Puts
Net Calls
Net Calls Change

PNTM.U Hedge Fund Activity: Q3 2022 in Review

26 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant (PNTM.U) for Q3 2022, worth a combined $23.5M — down 24% from $30.8M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of PNTM.U and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 5 added.

The largest buyer was Longfellow Investment Management, adding an estimated $198K. The largest seller was Magnetar Financial, exiting entirely with an estimated $6.58M sold.

  • 26 institutional investors held Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant (PNTM.U) as of Q3 2022, down from 29 in Q2 2022.
  • Funds reported $23.5M of Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant stock for Q3 2022, down 24% quarter-over-quarter.
  • 2 funds opened new Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant positions in Q3 2022 and 5 closed out, a net change of -3 holders.
  • The largest Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant buyer in Q3 2022 was Longfellow Investment Management, an estimated $198K added.
  • The largest Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant seller in Q3 2022 was Magnetar Financial, an estimated $6.58M sold.

Based on aggregated 13F filings for Q3 2022.