Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant
PNTM.U
PNTM.U was delisted on the 26th of May, 2023.
3 hedge funds and large institutions have $74.4K invested in Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 14 closing their positions.
81% less funds holding
Funds holding: 16 → 3 (-13)
93% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 14
99% less capital invested
Capital invested by funds: $6.73M → $74.4K (-$6.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$62.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.92M |
| 2 |
CAC
Cowen and Company
New York
|
-$1.01M |
| 3 |
CIM
Cowen Investment Management
New York
|
-$1.01M |
| 4 |
HF
HRT Financial
New York
|
-$1.01M |
| 5 |
VF
Virtu Financial
New York
|
-$333K |
PNTM.U Hedge Fund Activity: Q1 2023 in Review
3 of the 6,276 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 Q1 2023, worth a combined $74.4K — down 99% from $6.73M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PNTM.U and 1 opened new positions — a net loss of 13 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $62.3K. The largest seller was Longfellow Investment Management, exiting entirely with an estimated $1.92M sold.
- 3 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 Q1 2023, down from 16 in Q4 2022.
- Funds reported $74.4K of Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant stock for Q1 2023, down 99% quarter-over-quarter.
- 1 fund opened new Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant positions in Q1 2023 and 14 closed out, a net change of -13 holders.
- The largest Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant buyer in Q1 2023 was Clear Street, an estimated $62.3K added.
- The largest Pontem Corporation Units, each consisting of one Class A ordinary share, and one-third of one redeemable warrant seller in Q1 2023 was Longfellow Investment Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2023.