CC Neuberger Principal Holdings III
PRPC
PRPC was delisted on the 6th of November, 2023.
21 hedge funds and large institutions have $39.4M invested in CC Neuberger Principal Holdings III in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 61 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
72% less funds holding
Funds holding: 76 → 21 (-55)
89% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 61
90% less capital invested
Capital invested by funds: $378M → $39.4M (-$339M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$3.69M |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$2.89M |
| 4 |
JP Morgan Chase
New York
|
+$509K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$35.7M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$34.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$31.8M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$16.3M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$15.2M |
PRPC Hedge Fund Activity: Q1 2023 in Review
21 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in CC Neuberger Principal Holdings III (PRPC) for Q1 2023, worth a combined $39.4M — down 90% from $378M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of PRPC and 7 opened new positions — a net loss of 54 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $4M. The largest seller was Aristeia Capital, exiting entirely with an estimated $35.7M sold.
- 21 institutional investors held CC Neuberger Principal Holdings III (PRPC) as of Q1 2023, down from 76 in Q4 2022.
- Funds reported $39.4M of CC Neuberger Principal Holdings III stock for Q1 2023, down 90% quarter-over-quarter.
- 7 funds opened new CC Neuberger Principal Holdings III positions in Q1 2023 and 61 closed out, a net change of -54 holders.
- The largest CC Neuberger Principal Holdings III buyer in Q1 2023 was Meteora Capital, an estimated $4M added.
- The largest CC Neuberger Principal Holdings III seller in Q1 2023 was Aristeia Capital, an estimated $35.7M sold.
Based on aggregated 13F filings for Q1 2023.