Pivotal Acquisition Corp.
PVT
PVT was delisted on the 18th of December, 2019.
35 hedge funds and large institutions have $160M invested in Pivotal Acquisition Corp. in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 11 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $163M → $160M (-$2.9M)
15% less funds holding
Funds holding: 41 → 35 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Omni Partners
London,
United Kingdom
|
+$10.5M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.48M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.19M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.03M |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.87M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$5.08M |
| 3 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$4.88M |
| 4 |
MCM
Moore Capital Management
New York
|
-$3.04M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.56M |
PVT Hedge Fund Activity: Q3 2019 in Review
35 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Pivotal Acquisition Corp. (PVT) for Q3 2019, worth a combined $160M — down 1.8% from $163M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PVT and 6 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Omni Partners, adding an estimated $10.5M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $9.87M sold.
- 35 institutional investors held Pivotal Acquisition Corp. (PVT) as of Q3 2019, down from 41 in Q2 2019.
- Funds reported $160M of Pivotal Acquisition Corp. stock for Q3 2019, down 1.8% quarter-over-quarter.
- 6 funds opened new Pivotal Acquisition Corp. positions in Q3 2019 and 11 closed out, a net change of -5 holders.
- The largest Pivotal Acquisition Corp. buyer in Q3 2019 was Omni Partners, an estimated $10.5M added.
- The largest Pivotal Acquisition Corp. seller in Q3 2019 was Polar Asset Management Partners, an estimated $9.87M sold.
Based on aggregated 13F filings for Q3 2019.