Papaya Growth Opportunity Corp. I Unit
PPYAU
PPYAU was delisted on the 21st of January, 2025.
7 hedge funds and large institutions have $8.79M invested in Papaya Growth Opportunity Corp. I Unit in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 8 closing their positions.
19% less capital invested
Capital invested by funds: $10.9M → $8.79M (-$2.07M)
46% less funds holding
Funds holding: 13 → 7 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$1.47M |
| 2 |
VF
Virtu Financial
New York
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.02M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$844K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$510K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$495K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$379K |
PPYAU Hedge Fund Activity: Q1 2023 in Review
7 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Papaya Growth Opportunity Corp. I Unit (PPYAU) for Q1 2023, worth a combined $8.79M — down 19% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PPYAU and 2 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $1.47M. The largest seller was Spartan Fund Management, exiting entirely with an estimated $1.02M sold.
- 7 institutional investors held Papaya Growth Opportunity Corp. I Unit (PPYAU) as of Q1 2023, down from 13 in Q4 2022.
- Funds reported $8.79M of Papaya Growth Opportunity Corp. I Unit stock for Q1 2023, down 19% quarter-over-quarter.
- 2 funds opened new Papaya Growth Opportunity Corp. I Unit positions in Q1 2023 and 8 closed out, a net change of -6 holders.
- The largest Papaya Growth Opportunity Corp. I Unit buyer in Q1 2023 was Clear Street, an estimated $1.47M added.
- The largest Papaya Growth Opportunity Corp. I Unit seller in Q1 2023 was Spartan Fund Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2023.