Papaya Growth Opportunity Corp. I Class A Common Stock
PPYA
PPYA was delisted on the 22nd of January, 2025.
36 hedge funds and large institutions have $97.5M invested in Papaya Growth Opportunity Corp. I Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
41% less funds holding
Funds holding: 61 → 36 (-25)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
64% less capital invested
Capital invested by funds: $270M → $97.5M (-$172M)
71% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 34
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMC
Atlas Merchant Capital
New York
|
+$5.23M |
| 2 |
ETH
Exos TFP Holdings
New York
|
+$5.23M |
| 3 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$3.14M |
| 4 |
Walleye Capital
New York
|
+$2.19M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$20.1M |
| 2 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$14M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$13M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$11.4M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$11.3M |
PPYA Hedge Fund Activity: Q2 2023 in Review
36 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Papaya Growth Opportunity Corp. I Class A Common Stock (PPYA) for Q2 2023, worth a combined $97.5M — down 64% from $270M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PPYA and 10 opened new positions — a net loss of 24 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Atlas Merchant Capital, adding an estimated $5.23M. The largest seller was Saba Capital Management, exiting entirely with an estimated $20.1M sold.
- 36 institutional investors held Papaya Growth Opportunity Corp. I Class A Common Stock (PPYA) as of Q2 2023, down from 61 in Q1 2023.
- Funds reported $97.5M of Papaya Growth Opportunity Corp. I Class A Common Stock stock for Q2 2023, down 64% quarter-over-quarter.
- 10 funds opened new Papaya Growth Opportunity Corp. I Class A Common Stock positions in Q2 2023 and 34 closed out, a net change of -24 holders.
- The largest Papaya Growth Opportunity Corp. I Class A Common Stock buyer in Q2 2023 was Atlas Merchant Capital, an estimated $5.23M added.
- The largest Papaya Growth Opportunity Corp. I Class A Common Stock seller in Q2 2023 was Saba Capital Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q2 2023.