PTK Acquisition Corp.
PTK
PTK was delisted on the 29th of September, 2021.
28 hedge funds and large institutions have $61.6M invested in PTK Acquisition Corp. in 2020 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and closing their positions.
155% more funds holding
Funds holding: 11 → 28 (+17)
79% more capital invested
Capital invested by funds: $34.3M → $61.6M (+$27.2M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$8.95M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.78M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$3.71M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.46M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$5.44M |
| 2 |
Walleye Capital
New York
|
-$866K |
| 3 |
Walleye Trading
New York
|
-$577K |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$554K |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$395K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Walleye Capital
New York
| $1.41K | -$866K | -87,622 | -39% |
|
27
Morgan Stanley
New York
| $1K | +$870 | +88 | New |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$988 | +100 | New |
|
PTK Hedge Fund Activity: Q4 2020 in Review
28 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in PTK Acquisition Corp. (PTK) for Q4 2020, worth a combined $61.6M — up 79% from $34.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PTK positions and 0 closed out — a net gain of 17 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $8.95M. The largest seller was Weiss Asset Management, cutting an estimated $5.44M.
- 28 institutional investors held PTK Acquisition Corp. (PTK) as of Q4 2020, up from 11 in Q3 2020.
- Funds reported $61.6M of PTK Acquisition Corp. stock for Q4 2020, up 79% quarter-over-quarter.
- 17 funds opened new PTK Acquisition Corp. positions in Q4 2020 and 0 closed out, a net change of +17 holders.
- The largest PTK Acquisition Corp. buyer in Q4 2020 was Boothbay Fund Management, an estimated $8.95M added.
- The largest PTK Acquisition Corp. seller in Q4 2020 was Weiss Asset Management, an estimated $5.44M sold.
Based on aggregated 13F filings for Q4 2020.