Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50

PNTM.WS

PNTM.WS Hedge Fund Activity: Q3 2022 in Review

66 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 (PNTM.WS) for Q3 2022, worth a combined $4.62M — down 14% from $5.4M a quarter earlier.

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

The largest buyer was Periscope Capital, adding an estimated $87K. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $101K sold.

• 66 institutional investors held Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 (PNTM.WS) as of Q3 2022, down from 70 in Q2 2022.
• Funds reported $4.62M of Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 stock for Q3 2022, down 14% quarter-over-quarter.
• 2 funds opened new Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 positions in Q3 2022 and 5 closed out, a net change of -3 holders.
• The largest Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 buyer in Q3 2022 was Periscope Capital, an estimated $87K added.
• The largest Pontem Corporation Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 seller in Q3 2022 was Fir Tree Capital Management, an estimated $101K sold.

Based on aggregated 13F filings for Q3 2022.