North Atlantic Acquisition Corporation Class A Ordinary Share
NAAC
NAAC was delisted on the 26th of January, 2023.
73 hedge funds and large institutions have $329M invested in North Atlantic Acquisition Corporation Class A Ordinary Share in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $334M → $329M (-$4.64M)
3% less funds holding
Funds holding: 75 → 73 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$8.5M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$7.08M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.01M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$3.02M |
| 5 |
GCWM
Graham Capital Wealth Management
Washington D.c.,
District of Columbia
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$17.7M |
| 2 |
JP Morgan Chase
New York
|
-$4.87M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.96M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$3.5M |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$2.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Verition Fund Management
Greenwich,
Connecticut
| – | -$2.5M | -251,420 | Closed |
|
77
Citadel Advisors
Miami,
Florida
| – | -$2.27M | -228,427 | Closed |
|
|
KIM
78
Karpus Investment Management
Pittsford,
New York
| – | -$1.78M | -178,633 | Closed |
|
|
HF
79
HRT Financial
New York
| – | -$793K | -79,821 | Closed |
|
|
AA
80
Ancora Advisors
Cleveland,
Ohio
| – | -$33K | -3,300 | Closed |
|
|
WAM
81
Wolverine Asset Management
Chicago,
Illinois
| – | -$9K | -1,000 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$4.11K | -410 | -99% |
|
NAAC Hedge Fund Activity: Q4 2022 in Review
73 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in North Atlantic Acquisition Corporation Class A Ordinary Share (NAAC) for Q4 2022, worth a combined $329M — down 1.4% from $334M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NAAC and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 6 added.
The largest buyer was Glazer Capital LLC, adding an estimated $8.5M. The largest seller was UBS O'Connor, exiting entirely with an estimated $17.7M sold.
- 73 institutional investors held North Atlantic Acquisition Corporation Class A Ordinary Share (NAAC) as of Q4 2022, down from 75 in Q3 2022.
- Funds reported $329M of North Atlantic Acquisition Corporation Class A Ordinary Share stock for Q4 2022, down 1.4% quarter-over-quarter.
- 8 funds opened new North Atlantic Acquisition Corporation Class A Ordinary Share positions in Q4 2022 and 9 closed out, a net change of -1 holder.
- The largest North Atlantic Acquisition Corporation Class A Ordinary Share buyer in Q4 2022 was Glazer Capital LLC, an estimated $8.5M added.
- The largest North Atlantic Acquisition Corporation Class A Ordinary Share seller in Q4 2022 was UBS O'Connor, an estimated $17.7M sold.
Based on aggregated 13F filings for Q4 2022.