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Pivotal Investment Corp III

PICCDelisted Jul 21, 2023
Industry
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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.

Q1 2023 vs. Q4 2022

How the institutions holding Pivotal Investment Corp III changed between Q4 2022 and Q1 2023.

All holders in Q1 2023All holders in Q4 2022

13F holders of PICC: Q4 2022 compared with Q1 2023
MeasureQ4 2022Of which not filed for Q1 2023Q1 2023Change
Holders6425−57
Shares20.3M210.0K167.4K−20.0M (−99.2%)
Value$205.3M$2.13M$1.65M−$201.5M (−99.2%)

2 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so the changes leave them out.

New holders (4)

Institutions that held Pivotal Investment Corp III at the end of Q1 2023 but not at the end of Q4 2022.

Institutions new to PICC in Q1 2023
InstitutionSharesValue% of portfolio
Connective Capital Management, LLC68,585$673.5K1.00%
Toroso Investments, LLC40,000$404.0K0.01%
Robinson Capital Management, LLC40,000$392.4K0.18%
Clear Street LLC500$5.01K0.00%

Sold out (61)

Institutions that held Pivotal Investment Corp III at the end of Q4 2022 and filed for Q1 2023 without it.

Institutions that sold out of PICC in Q1 2023
InstitutionShares, Q4 2022Value, Q4 2022
Adage Capital Partners GP, L.L.C.2,000,000$20.2M
Marshall Wace, LLP1,340,803$13.6M
Vivaldi Asset Management, LLC1,117,442$11.3M
Saba Capital Management, L.P.909,455$9.18M
HSBC Holdings PLC862,382$8.77M
D. E. Shaw & Co., Inc.827,376$8.37M
Nomura Holdings Inc814,777$8.20M
Westchester Capital Management, LLC714,267$7.21M
Polar Asset Management Partners Inc.583,750$5.90M
BlackRock Inc.552,197$5.59M
Karpus Management, Inc.544,069$5.49M
Atlas Merchant Capital LLC529,750$5.36M
Mint Tower Capital Management B.V.500,001$5.06M
Moore Capital Management, LP500,000$5.06M
Millennium Management LLC493,142$4.98M
Dark Forest Capital Management LP484,842$4.91M
Davidson Kempner Capital Management LP425,000$4.29M
Quarry LP420,058$4.24M
Citadel Advisors LLC412,500$4.17M
Cantor Fitzgerald, L. P.357,300$3.62M
Cohanzick Management, LLC356,988$3.61M
CNH Partners LLC344,994$3.49M
Fir Tree Capital Management LP336,382$3.40M
Periscope Capital Inc.320,200$3.23M
Sage Rock Capital Management LP312,885$3.17M
Tenor Capital Management Co., L.P.300,000$3.04M
Oribel Capital Management, LP288,058$2.92M
K2 Principal Fund, L.P.249,450$2.52M
Meteora Capital, LLC233,160$2.36M
Rivernorth Capital Management, LLC231,060$2.34M
Cubist Systematic Strategies, LLC207,325$2.10M
Sandia Investment Management LP200,000$2.02M
Hudson Bay Capital Management LP200,000$2.02M
Exos TFP Holdings LLC199,384$2.00M
Silver Rock Financial LP158,615$1.61M
Elequin Capital LP157,392$1.59M
Cowen Investment Management LLC150,000$1.52M
Healthcare of Ontario Pension Plan Trust Fund146,500$1.48M
Sea Otter Advisors LLC125,000$1.27M
MMCAP International Inc. SPC125,000$1.26M
LMR Partners LLP120,000$1.21M
Janus Henderson Group PLC106,387$1.08M
Balyasny Asset Management LLC100,000$1.01M
Taconic Capital Advisors LP100,000$1.00M
Goldman Sachs Group Inc90,550$916.5K
Schechter Investment Advisors, LLC86,280$873.2K
Jane Street Group, LLC65,687$664.8K
Boothbay Fund Management, LLC62,020$627.7K
Centiva Capital, LP42,139$426.4K
Kohlberg Kravis Roberts & Co. L.P.41,411$419.1K
Landscape Capital Management, L.L.C.39,828$403.1K
Alliancebernstein L.P.38,445$389.1K
Smith, Moore & Co.30,500$308.7K
Gabelli & Co Investment Advisers, Inc.25,700$260.1K
Gabelli Funds LLC24,300$245.9K
Arena Capital Advisors, LLC- CA18,033$182.5K
Kim, LLC15,000$152.0K
DuPont Capital Management Corp15,000$151.8K
Highland Capital Management Fund Advisors, L.P.14,302$144.8K
Omers Administration Corp10,000$101.2K
Altshuler Shaham Ltd43,145$2.16K

Not filed for Q1 2023 yet (2)

Institutions that held Pivotal Investment Corp III at the end of Q4 2022 and haven't filed a 13F for Q1 2023. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding PICC in Q4 2022 that haven't filed for Q1 2023
InstitutionShares, Q4 2022Value, Q4 2022
Kepos Capital LP200,000$2.02M
Evolution Capital Management LLC10,000$101.2K