PHP Ventures Acquisition Corp. Class A Common Stock
PPHP
PPHP was delisted on the 18th of April, 2024.
15 hedge funds and large institutions have $17.7M invested in PHP Ventures Acquisition Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 15 closing their positions.
46% less funds holding
Funds holding: 28 → 15 (-13)
60% less capital invested
Capital invested by funds: $44.2M → $17.7M (-$26.5M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
87% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.47M |
| 2 |
WAM
Warberg Asset Management
Winnetka,
Illinois
|
+$105K |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$60.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$5.7M |
| 2 |
ASM
ATW SPAC Management
New York
|
-$4.67M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.67M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.59M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCL
26
Glazer Capital LLC
New York
| – | -$117K | -11,256 | Closed |
|
|
CS
27
Clear Street
New York
| – | -$70K | -6,798 | Closed |
|
|
AA
28
Ancora Advisors
Cleveland,
Ohio
| – | -$10K | -1,000 | Closed |
|
29
JP Morgan Chase
New York
| – | -$9K | -875 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$7.26K | -700 | Closed |
|
PPHP Hedge Fund Activity: Q1 2023 in Review
15 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in PHP Ventures Acquisition Corp. Class A Common Stock (PPHP) for Q1 2023, worth a combined $17.7M — down 60% from $44.2M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PPHP and 2 opened new positions — a net loss of 13 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $3.47M. The largest seller was Saba Capital Management, exiting entirely with an estimated $5.7M sold.
- 15 institutional investors held PHP Ventures Acquisition Corp. Class A Common Stock (PPHP) as of Q1 2023, down from 28 in Q4 2022.
- Funds reported $17.7M of PHP Ventures Acquisition Corp. Class A Common Stock stock for Q1 2023, down 60% quarter-over-quarter.
- 2 funds opened new PHP Ventures Acquisition Corp. Class A Common Stock positions in Q1 2023 and 15 closed out, a net change of -13 holders.
- The largest PHP Ventures Acquisition Corp. Class A Common Stock buyer in Q1 2023 was Yakira Capital Management, an estimated $3.47M added.
- The largest PHP Ventures Acquisition Corp. Class A Common Stock seller in Q1 2023 was Saba Capital Management, an estimated $5.7M sold.
Based on aggregated 13F filings for Q1 2023.