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Pivotal Investment Corp III

PICCDelisted Jul 21, 2023
Industry
Blank Checks
SEC CIK
0001835800

Pivotal Investment Corp III was delisted on Jul 21, 2023; its insiders filed their last Form 4 on Aug 8, 2023; 64 institutions reported holding it in 13F filings for Q4 2022, worth $205.3M in total; no superinvestor held it.

13F holders, Q4 2022

Institutional positions in Pivotal Investment Corp III as of Dec 31, 2022. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
64
−16 vs. Q3 2022
Shares held
20.3M
−4.39M (−17.7%) vs. Q3 2022
Total value
$205.3M
−$38.3M (−15.7%) vs. Q3 2022
New holders
13
18 more added
Sold out
29
6 more reduced

1 institution that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PICC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2022: 64 institutions
Q1 2021: 0 institutionsQ2 2021: 54 institutionsQ3 2021: 68 institutionsQ4 2021: 80 institutionsQ1 2022: 82 institutionsQ2 2022: 81 institutionsQ3 2022: 81 institutionsQ4 2022: 64 institutionsQ1 2023: 5 institutionsQ2 2023: 3 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 0 institutionsQ3 2025: 0 institutionsQ4 2025: 0 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ4 2022: $205.3M
Q1 2021: $0Q2 2021: $136.5MQ3 2021: $165.7MQ4 2021: $197.0MQ1 2022: $218.4MQ2 2022: $227.2MQ3 2022: $243.8MQ4 2022: $205.3MQ1 2023: $1.65MQ2 2023: $1.22MQ3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0
Institutions holding PICC and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20250$0
Q3 20250$0
Q2 20250$0
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20233$1.22M
Q1 20235$1.65M
Q4 202264$205.3M
Q3 202281$243.8M
Q2 202281$227.2M
Q1 202282$218.4M
Q4 202180$197.0M
Q3 202168$165.7M
Q2 202154$136.5M
Q1 20210$0

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Pivotal Investment Corp III; share changes are against Q3 2022.

Institutions holding PICC in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Adage Capital Partners GP, L.L.C.2,000,000$20.2M0.05%00.0%Unchanged
Marshall Wace, LLP1,340,803$13.6M0.03%00.0%Unchanged
Vivaldi Asset Management, LLC1,117,442$11.3M0.61%+150,000+15.5%Added
Saba Capital Management, L.P.909,455$9.18M0.15%00.0%Unchanged
HSBC Holdings PLC862,382$8.77M0.01%−226,238−20.8%Reduced
D. E. Shaw & Co., Inc.827,376$8.37M0.01%+297,437+56.1%Added
Nomura Holdings Inc814,777$8.20M0.08%00.0%Unchanged
Westchester Capital Management, LLC714,267$7.21M0.21%00.0%Unchanged
Polar Asset Management Partners Inc.583,750$5.90M0.08%+483,750+483.8%Added
BlackRock Inc.552,197$5.59M0.00%+552,197New
Karpus Management, Inc.544,069$5.49M0.19%+544,069New
Atlas Merchant Capital LLC529,750$5.36M0.90%+529,750New
Mint Tower Capital Management B.V.500,001$5.06M0.57%+20,001+4.2%Added
Moore Capital Management, LP500,000$5.06M0.14%00.0%Unchanged
Millennium Management LLC493,142$4.98M0.01%+38,349+8.4%Added
Dark Forest Capital Management LP484,842$4.91M1.21%+414,729+591.5%Added
Davidson Kempner Capital Management LP425,000$4.29M0.09%00.0%Unchanged
Quarry LP420,058$4.24M4.66%+420,058New
Citadel Advisors LLC412,500$4.17M0.00%−18,443−4.3%Reduced
Cantor Fitzgerald, L. P.357,300$3.62M0.08%00.0%Unchanged
Cohanzick Management, LLC356,988$3.61M1.05%−951−0.3%Reduced
CNH Partners LLC344,994$3.49M0.09%+35,000+11.3%Added
Fir Tree Capital Management LP336,382$3.40M0.18%−910.0%Reduced
Periscope Capital Inc.320,200$3.23M0.14%−66,300−17.2%Reduced
Sage Rock Capital Management LP312,885$3.17M0.99%00.0%Unchanged
Tenor Capital Management Co., L.P.300,000$3.04M0.07%00.0%Unchanged
Oribel Capital Management, LP288,058$2.92M0.67%00.0%Unchanged
K2 Principal Fund, L.P.249,450$2.52M0.69%+249,450New
Meteora Capital, LLC233,160$2.36M0.51%+100,191+75.3%Added
Rivernorth Capital Management, LLC231,060$2.34M0.11%+217,575+1,613.5%Added
Cubist Systematic Strategies, LLC207,325$2.10M0.02%+36,948+21.7%Added
Sandia Investment Management LP200,000$2.02M0.36%+200,000New
Kepos Capital LP200,000$2.02M0.29%+200,000New
Hudson Bay Capital Management LP200,000$2.02M0.02%00.0%Unchanged
Exos TFP Holdings LLC199,384$2.00M0.56%+138,000+224.8%Added
Silver Rock Financial LP158,615$1.61M0.51%+158,615New
Elequin Capital LP157,392$1.59M0.45%+132,197+524.7%Added
Cowen Investment Management LLC150,000$1.52M0.31%+150,000New
Healthcare of Ontario Pension Plan Trust Fund146,500$1.48M0.01%00.0%Unchanged
Sea Otter Advisors LLC125,000$1.27M1.88%+25,000+25.0%Added
MMCAP International Inc. SPC125,000$1.26M0.13%00.0%Unchanged
LMR Partners LLP120,000$1.21M0.03%00.0%Unchanged
Janus Henderson Group PLC106,387$1.08M0.00%+50,001+88.7%Added
Balyasny Asset Management LLC100,000$1.01M0.00%00.0%Unchanged
Taconic Capital Advisors LP100,000$1.00M0.04%00.0%Unchanged
Goldman Sachs Group Inc90,550$916.5K0.00%00.0%Unchanged
Schechter Investment Advisors, LLC86,280$873.2K0.08%+86,280New
Jane Street Group, LLC65,687$664.8K0.00%+51,096+350.2%Added
Boothbay Fund Management, LLC62,020$627.7K0.02%+9,692+18.5%Added
Centiva Capital, LP42,139$426.4K0.04%00.0%Unchanged
Kohlberg Kravis Roberts & Co. L.P.41,411$419.1K0.01%00.0%Unchanged
Landscape Capital Management, L.L.C.39,828$403.1K0.06%+3,059+8.3%Added
Alliancebernstein L.P.38,445$389.1K0.00%−109,130−73.9%Reduced
Smith, Moore & Co.30,500$308.7K0.04%00.0%Unchanged
Gabelli & Co Investment Advisers, Inc.25,700$260.1K0.06%+25,700New
Gabelli Funds LLC24,300$245.9K0.00%+24,300New
Arena Capital Advisors, LLC- CA18,033$182.5K0.10%00.0%Unchanged
Flow Traders U.S. LLC15,193$154.0K0.01%+3,574+30.8%Added
Kim, LLC15,000$152.0K0.01%00.0%Unchanged
DuPont Capital Management Corp15,000$151.8K0.01%00.0%Unchanged
Highland Capital Management Fund Advisors, L.P.14,302$144.8K0.01%00.0%Unchanged
Omers Administration Corp10,000$101.2K0.00%00.0%Unchanged
Evolution Capital Management LLC10,000$101.2K0.35%00.0%Unchanged
Altshuler Shaham Ltd43,145$2.16K0.00%+43,145New
Magnetar Financial LLC0$00.00%−2,004,687−100.0%Sold out
Highbridge Capital Management LLC0$00.00%−1,215,829−100.0%Sold out
Aristeia Capital LLC0$00.00%−1,200,000−100.0%Sold out
Glazer Capital, LLC0$00.00%−634,230−100.0%Sold out
Weiss Asset Management LP0$00.00%−553,353−100.0%Sold out
CSS LLC0$00.00%−535,926−100.0%Sold out
Radcliffe Capital Management, L.P.0$00.00%−531,946−100.0%Sold out
RP Investment Advisors LP0$00.00%−431,886−100.0%Sold out
Ghisallo Capital Management LLC0$00.00%−413,673−100.0%Sold out
Verition Fund Management LLC0$00.00%−289,767−100.0%Sold out
Alyeska Investment Group, L.P.0$00.00%−255,000−100.0%Sold out
UBS Oconnor LLC0$00.00%−229,322−100.0%Sold out
Castle Creek Arbitrage, LLC0$00.00%−214,995−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−153,462−100.0%Sold out
Athos Capital Ltd0$00.00%−149,995−100.0%Sold out
Wellington Management Group LLP0$00.00%−117,374−100.0%Sold out
Barclays PLC0$00.00%−100,000−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−80,661−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−61,435−100.0%Sold out
Basso Capital Management, L.P.0$00.00%−55,769−100.0%Sold out
UBS Group AG0$00.00%−21,656−100.0%Sold out
Virtu Financial LLC0$00.00%−19,053−100.0%Sold out
HRT Financial LP0$00.00%−18,614−100.0%Sold out
Calamos Advisors LLC0$00.00%−15,000−100.0%Sold out
DeepCurrents Investment Group LLC0$00.00%−14,184−100.0%Sold out
CVI Holdings, LLC0$00.00%−11,718−100.0%Sold out
Caas Capital Management LP0$00.00%−10,000−100.0%Sold out
Sagefield Capital LP0$00.00%−5,800−100.0%Sold out
Old Mission Capital LLC0$00.00%−10,022−100.0%Sold out
Pinz Capital Management, LP––––Not filed