Papaya Growth Opportunity Corp. I Unit
PPYAU
PPYAU was delisted on the 21st of January, 2025.
28 hedge funds and large institutions have $67.9M invested in Papaya Growth Opportunity Corp. I Unit in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 20 closing their positions.
40% less funds holding
Funds holding: 47 → 28 (-19)
47% less capital invested
Capital invested by funds: $128M → $67.9M (-$60.5M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$13.5M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$281K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$123K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$35.1K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$9.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$12.3M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$7.51M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$7.4M |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$5.01M |
| 5 |
Barclays
London,
United Kingdom
|
-$5M |
PPYAU Hedge Fund Activity: Q2 2022 in Review
28 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Papaya Growth Opportunity Corp. I Unit (PPYAU) for Q2 2022, worth a combined $67.9M — down 47% from $128M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PPYAU and 1 opened new positions — a net loss of 19 holders — while 12 trimmed existing stakes and 6 added.
The largest buyer was HGC Investment Management, adding an estimated $13.5M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $12.3M sold.
- 28 institutional investors held Papaya Growth Opportunity Corp. I Unit (PPYAU) as of Q2 2022, down from 47 in Q1 2022.
- Funds reported $67.9M of Papaya Growth Opportunity Corp. I Unit stock for Q2 2022, down 47% quarter-over-quarter.
- 1 fund opened new Papaya Growth Opportunity Corp. I Unit positions in Q2 2022 and 20 closed out, a net change of -19 holders.
- The largest Papaya Growth Opportunity Corp. I Unit buyer in Q2 2022 was HGC Investment Management, an estimated $13.5M added.
- The largest Papaya Growth Opportunity Corp. I Unit seller in Q2 2022 was AQR Arbitrage, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2022.