PTK Acquisition Corp.
PTK
PTK was delisted on the 29th of September, 2021.
42 hedge funds and large institutions have $90M invested in PTK Acquisition Corp. in 2021 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
13% more capital invested
Capital invested by funds: $79.4M → $90M (+$10.6M)
11% more funds holding
Funds holding: 38 → 42 (+4)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$4.46M |
| 2 |
KC
Kepos Capital
New York
|
+$4.16M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.8M |
| 4 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$1.64M |
| 5 |
RA
RiverPark Advisors
New York
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.99M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.45M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$2.1M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.03M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$985K |
PTK Hedge Fund Activity: Q2 2021 in Review
42 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in PTK Acquisition Corp. (PTK) for Q2 2021, worth a combined $90M — up 13% from $79.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PTK positions and 7 closed out — a net gain of 4 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $4.46M. The largest seller was Karpus Investment Management, cutting an estimated $4.99M.
- 42 institutional investors held PTK Acquisition Corp. (PTK) as of Q2 2021, up from 38 in Q1 2021.
- Funds reported $90M of PTK Acquisition Corp. stock for Q2 2021, up 13% quarter-over-quarter.
- 11 funds opened new PTK Acquisition Corp. positions in Q2 2021 and 7 closed out, a net change of +4 holders.
- The largest PTK Acquisition Corp. buyer in Q2 2021 was Weiss Asset Management, an estimated $4.46M added.
- The largest PTK Acquisition Corp. seller in Q2 2021 was Karpus Investment Management, an estimated $4.99M sold.
Based on aggregated 13F filings for Q2 2021.