CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant
PRPC.U
PRPC.U was delisted on the 7th of November, 2023.
31 hedge funds and large institutions have $22.8M invested in CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 6 closing their positions.
9% less funds holding
Funds holding: 34 → 31 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
69% less capital inflows, than outflows
Capital inflows: $3.76M | Capital outflows: $12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$1.86M |
| 2 |
CIM
Cowen Investment Management
New York
|
+$991K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$476K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$410K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$17.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$3.43M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.51M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.28M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.28M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$536K |
PRPC.U Hedge Fund Activity: Q2 2022 in Review
31 of the 5,962 institutional investors tracked by Wall St. Rank reported a position in CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (PRPC.U) for Q2 2022, worth a combined $22.8M — down 27% from $31.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PRPC.U and 3 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Sandia Investment Management, adding an estimated $1.86M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $3.43M sold.
- 31 institutional investors held CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (PRPC.U) as of Q2 2022, down from 34 in Q1 2022.
- Funds reported $22.8M of CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant stock for Q2 2022, down 27% quarter-over-quarter.
- 3 funds opened new CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant positions in Q2 2022 and 6 closed out, a net change of -3 holders.
- The largest CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant buyer in Q2 2022 was Sandia Investment Management, an estimated $1.86M added.
- The largest CC Neuberger Principal Holdings III Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant seller in Q2 2022 was Allianz Asset Management, an estimated $3.43M sold.
Based on aggregated 13F filings for Q2 2022.