Property Solutions Acquisition Corporation II Units
PSAGU
PSAGU was delisted on the 21st of December, 2022.
53 hedge funds and large institutions have $113M invested in Property Solutions Acquisition Corporation II Units in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 35 closing their positions.
36% less funds holding
Funds holding: 83 → 53 (-30)
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
61% less capital invested
Capital invested by funds: $292M → $113M (-$179M)
83% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 35
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.19M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$895K |
| 3 |
CAC
Cowen and Company
New York
|
+$514K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$500K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$19.4M |
| 2 |
LA
Linden Advisors
New York
|
-$15.7M |
| 3 |
Goldman Sachs
New York
|
-$11.8M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$9.35M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$8.7M |
PSAGU Hedge Fund Activity: Q2 2021 in Review
53 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Property Solutions Acquisition Corporation II Units (PSAGU) for Q2 2021, worth a combined $113M — down 61% from $292M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PSAGU and 6 opened new positions — a net loss of 29 holders — while 19 trimmed existing stakes and 8 added.
The largest buyer was Longfellow Investment Management, adding an estimated $1.19M. The largest seller was Karpus Investment Management, cutting an estimated $19.4M.
- 53 institutional investors held Property Solutions Acquisition Corporation II Units (PSAGU) as of Q2 2021, down from 83 in Q1 2021.
- Funds reported $113M of Property Solutions Acquisition Corporation II Units stock for Q2 2021, down 61% quarter-over-quarter.
- 6 funds opened new Property Solutions Acquisition Corporation II Units positions in Q2 2021 and 35 closed out, a net change of -29 holders.
- The largest Property Solutions Acquisition Corporation II Units buyer in Q2 2021 was Longfellow Investment Management, an estimated $1.19M added.
- The largest Property Solutions Acquisition Corporation II Units seller in Q2 2021 was Karpus Investment Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2021.