Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant
PSPC.U
PSPC.U was delisted on the 26th of May, 2023.
26 hedge funds and large institutions have $132M invested in Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% less funds holding
Funds holding: 29 → 26 (-3)
15% less capital invested
Capital invested by funds: $155M → $132M (-$22.7M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$919K |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$327K |
| 3 |
JGC
J. Goldman & Co
New York
|
+$5.42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$11.1M |
| 2 |
GL
Governors Lane
New York
|
-$10.8M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
-$4.31M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$1.15M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$654K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWANC
26
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
PC
27
Periscope Capital
Toronto,
Ontario, Canada
| – | -$11.1M | -1,100,000 | Closed |
|
|
GL
28
Governors Lane
New York
| – | -$10.8M | -1,064,543 | Closed |
|
|
AGC
29
Angelo Gordon & Co
New York
| – | -$4.31M | -426,310 | Closed |
|
|
SRCM
30
Sage Rock Capital Management
New York
| – | -$1.15M | -113,703 | Closed |
|
|
GCL
31
Glazer Capital LLC
New York
| – | -$210K | -20,745 | Closed |
|
32
Citigroup
New York
| – | -$101K | -10,000 | Closed |
|
PSPC.U Hedge Fund Activity: Q4 2021 in Review
26 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant (PSPC.U) for Q4 2021, worth a combined $132M — down 15% from $155M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PSPC.U and 3 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $919K. The largest seller was Periscope Capital, exiting entirely with an estimated $11.1M sold.
- 26 institutional investors held Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant (PSPC.U) as of Q4 2021, down from 29 in Q3 2021.
- Funds reported $132M of Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant stock for Q4 2021, down 15% quarter-over-quarter.
- 3 funds opened new Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant positions in Q4 2021 and 6 closed out, a net change of -3 holders.
- The largest Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $919K added.
- The largest Post Holdings Partnering Corporation Units, each consisting of one share of Series A common stock, and one-third of one redeemable warrant seller in Q4 2021 was Periscope Capital, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2021.