North Atlantic Acquisition Corporation Class A Ordinary Share
NAAC
NAAC was delisted on the 26th of January, 2023.
75 hedge funds and large institutions have $334M invested in North Atlantic Acquisition Corporation Class A Ordinary Share in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 19 closing their positions.
3% more capital invested
Capital invested by funds: $324M → $334M (+$9.62M)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
7% less funds holding
Funds holding: 81 → 75 (-6)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$28.7M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$13M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$6.92M |
| 4 |
Millennium Management
New York
|
+$5.71M |
| 5 |
SC
Sculptor Capital
New York
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$16.9M |
| 2 |
LA
Linden Advisors
New York
|
-$13M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$7.94M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$7.79M |
| 5 |
IPCP
Iron Park Capital Partners
New York
|
-$5.88M |
NAAC Hedge Fund Activity: Q3 2022 in Review
75 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in North Atlantic Acquisition Corporation Class A Ordinary Share (NAAC) for Q3 2022, worth a combined $334M — up 3% from $324M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NAAC and 13 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $28.7M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $16.9M sold.
- 75 institutional investors held North Atlantic Acquisition Corporation Class A Ordinary Share (NAAC) as of Q3 2022, down from 81 in Q2 2022.
- Funds reported $334M of North Atlantic Acquisition Corporation Class A Ordinary Share stock for Q3 2022, up 3% quarter-over-quarter.
- 13 funds opened new North Atlantic Acquisition Corporation Class A Ordinary Share positions in Q3 2022 and 19 closed out, a net change of -6 holders.
- The largest North Atlantic Acquisition Corporation Class A Ordinary Share buyer in Q3 2022 was Glazer Capital LLC, an estimated $28.7M added.
- The largest North Atlantic Acquisition Corporation Class A Ordinary Share seller in Q3 2022 was Beryl Capital Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2022.