Papaya Growth Opportunity Corp. I Class A Common Stock
PPYA
PPYA was delisted on the 22nd of January, 2025.
20 hedge funds and large institutions have $26.1M invested in Papaya Growth Opportunity Corp. I Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 19 closing their positions.
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
44% less funds holding
Funds holding: 36 → 20 (-16)
74% less capital invested
Capital invested by funds: $102M → $26.1M (-$75.7M)
84% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$1.04M |
| 2 |
CF
Cantor Fitzgerald
New York
|
+$1.04M |
| 3 |
WAM
Warberg Asset Management
Winnetka,
Illinois
|
+$163K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$92K |
| 5 |
CS
Clear Street
New York
|
+$27.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$8.48M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$8.48M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$8.15M |
| 4 |
AMC
Atlas Merchant Capital
New York
|
-$7.3M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$6.05M |
PPYA Hedge Fund Activity: Q3 2023 in Review
20 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Papaya Growth Opportunity Corp. I Class A Common Stock (PPYA) for Q3 2023, worth a combined $26.1M — down 74% from $102M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PPYA and 3 opened new positions — a net loss of 16 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $1.04M. The largest seller was Radcliffe Capital Management, exiting entirely with an estimated $8.48M sold.
- 20 institutional investors held Papaya Growth Opportunity Corp. I Class A Common Stock (PPYA) as of Q3 2023, down from 36 in Q2 2023.
- Funds reported $26.1M of Papaya Growth Opportunity Corp. I Class A Common Stock stock for Q3 2023, down 74% quarter-over-quarter.
- 3 funds opened new Papaya Growth Opportunity Corp. I Class A Common Stock positions in Q3 2023 and 19 closed out, a net change of -16 holders.
- The largest Papaya Growth Opportunity Corp. I Class A Common Stock buyer in Q3 2023 was Cowen and Company, an estimated $1.04M added.
- The largest Papaya Growth Opportunity Corp. I Class A Common Stock seller in Q3 2023 was Radcliffe Capital Management, an estimated $8.48M sold.
Based on aggregated 13F filings for Q3 2023.