Papaya Growth Opportunity Corp. I Class A Common Stock
PPYA
PPYA was delisted on the 22nd of January, 2025.
61 hedge funds and large institutions have $270M invested in Papaya Growth Opportunity Corp. I Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 60 → 61 (+1)
1% more capital invested
Capital invested by funds: $266M → $270M (+$3.51M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$7.93M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$6.85M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
+$6.23M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$5.16M |
| 5 |
CAC
Cowen and Company
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$13.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$8.01M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$7M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$6.47M |
| 5 |
Goldman Sachs
New York
|
-$2.61M |
PPYA Hedge Fund Activity: Q1 2023 in Review
61 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Papaya Growth Opportunity Corp. I Class A Common Stock (PPYA) for Q1 2023, worth a combined $270M — up 1.3% from $266M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PPYA positions and 9 closed out — a net gain of 1 holder — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $7.93M. The largest seller was HGC Investment Management, exiting entirely with an estimated $13.7M sold.
- 61 institutional investors held Papaya Growth Opportunity Corp. I Class A Common Stock (PPYA) as of Q1 2023, up from 60 in Q4 2022.
- Funds reported $270M of Papaya Growth Opportunity Corp. I Class A Common Stock stock for Q1 2023, up 1.3% quarter-over-quarter.
- 10 funds opened new Papaya Growth Opportunity Corp. I Class A Common Stock positions in Q1 2023 and 9 closed out, a net change of +1 holder.
- The largest Papaya Growth Opportunity Corp. I Class A Common Stock buyer in Q1 2023 was Westchester Capital Management (New York), an estimated $7.93M added.
- The largest Papaya Growth Opportunity Corp. I Class A Common Stock seller in Q1 2023 was HGC Investment Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2023.