Pivotal Acquisition Corp.
PVT
PVT was delisted on the 18th of December, 2019.
41 hedge funds and large institutions have $163M invested in Pivotal Acquisition Corp. in 2019 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and closing their positions.
356% more funds holding
Funds holding: 9 → 41 (+32)
317% more capital inflows, than outflows
Capital inflows: $148M | Capital outflows: $35.5M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
45.35% more ownership
Funds ownership: 24.37% → 69.72% (+45%)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$21.9M |
| 2 |
QCMA
Quad Capital Management Advisors
New York
|
+$10.8M |
| 3 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.8M |
| 4 |
Fort Baker Capital Management
Larkspur,
California
|
+$9.21M |
| 5 |
C
Chescapmanager
Baltimore,
Maryland
|
+$8.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$17.5M |
| 2 |
HGC Investment Management
Toronto,
Ontario, Canada
|
-$15.1M |
| 3 |
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$2.14M |
| 4 |
Basso Capital Management
Stamford,
Connecticut
|
-$418K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$356K |
PVT Hedge Fund Activity: Q2 2019 in Review
41 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Pivotal Acquisition Corp. (PVT) for Q2 2019, worth a combined $163M — up 241% from $47.7M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PVT positions and 0 closed out — a net gain of 32 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $21.9M. The largest seller was AQR Arbitrage, cutting an estimated $17.5M.
- 41 institutional investors held Pivotal Acquisition Corp. (PVT) as of Q2 2019, up from 9 in Q1 2019.
- Funds reported $163M of Pivotal Acquisition Corp. stock for Q2 2019, up 241% quarter-over-quarter.
- 32 funds opened new Pivotal Acquisition Corp. positions in Q2 2019 and 0 closed out, a net change of +32 holders.
- The largest Pivotal Acquisition Corp. buyer in Q2 2019 was Hudson Bay Capital Management, an estimated $21.9M added.
- The largest Pivotal Acquisition Corp. seller in Q2 2019 was AQR Arbitrage, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2019.