Property Solutions Acquisition Corp. Unit
PSACU
PSACU was delisted on the 21st of July, 2021.
20 hedge funds and large institutions have $57.4M invested in Property Solutions Acquisition Corp. Unit in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 15 closing their positions.
33% less funds holding
Funds holding: 30 → 20 (-10)
40% less capital invested
Capital invested by funds: $96.3M → $57.4M (-$38.9M)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$11.1M |
| 2 |
VF
Virtu Financial
New York
|
+$996K |
| 3 |
CAC
Cowen and Company
New York
|
+$128K |
| 4 |
HF
HRT Financial
New York
|
+$102K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Ramius Advisors
New York
|
-$7.72M |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$6.05M |
| 3 |
LA
Linden Advisors
New York
|
-$6.05M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$4.96M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$4.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| – | -$1.63M | -161,531 | Closed |
|
27
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.51M | -150,000 | Closed |
|
|
MTCM
28
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$774K | -76,751 | Closed |
|
|
GF
29
Gabelli Funds
Rye,
New York
| – | -$774K | -76,684 | Closed |
|
|
BI
30
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$671K | -66,525 | Closed |
|
|
MSU
31
Mizuho Securities USA
New York
| – | -$530K | -52,568 | Closed |
|
|
AGM
32
Alpine Global Management
New York
| – | -$505K | -50,000 | Closed |
|
|
DIG
33
DeepCurrents Investment Group
New York
| – | -$187K | -18,522 | Closed |
|
|
PAM
34
Panagora Asset Management
Boston,
Massachusetts
| – | -$80K | -7,913 | Closed |
|
35
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$8K | -750 | Closed |
|
PSACU Hedge Fund Activity: Q4 2020 in Review
20 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Property Solutions Acquisition Corp. Unit (PSACU) for Q4 2020, worth a combined $57.4M — down 40% from $96.3M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PSACU and 6 opened new positions — a net loss of 9 holders — while 11 trimmed existing stakes and 2 added.
The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $11.1M. The largest seller was Ramius Advisors, cutting an estimated $7.72M.
- 20 institutional investors held Property Solutions Acquisition Corp. Unit (PSACU) as of Q4 2020, down from 30 in Q3 2020.
- Funds reported $57.4M of Property Solutions Acquisition Corp. Unit stock for Q4 2020, down 40% quarter-over-quarter.
- 6 funds opened new Property Solutions Acquisition Corp. Unit positions in Q4 2020 and 15 closed out, a net change of -9 holders.
- The largest Property Solutions Acquisition Corp. Unit buyer in Q4 2020 was BlueCrest Capital Management, an estimated $11.1M added.
- The largest Property Solutions Acquisition Corp. Unit seller in Q4 2020 was Ramius Advisors, an estimated $7.72M sold.
Based on aggregated 13F filings for Q4 2020.