North Atlantic Acquisition Corporation Unit
NAACU
NAACU was delisted on the 18th of January, 2023.
25 hedge funds and large institutions have $28.4M invested in North Atlantic Acquisition Corporation Unit in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 18 closing their positions.
36% less funds holding
Funds holding: 39 → 25 (-14)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
58% less capital invested
Capital invested by funds: $67.5M → $28.4M (-$39.1M)
78% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
+$1.85M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$579K |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$337K |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$164K |
| 5 |
JP Morgan Chase
New York
|
+$24.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$9.67M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.49M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$5.88M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$5.15M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$2.48M |
NAACU Hedge Fund Activity: Q4 2021 in Review
25 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in North Atlantic Acquisition Corporation Unit (NAACU) for Q4 2021, worth a combined $28.4M — down 58% from $67.5M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NAACU and 4 opened new positions — a net loss of 14 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Cowen Investment Management, opening a new position worth an estimated $1.85M. The largest seller was Aristeia Capital, exiting entirely with an estimated $9.67M sold.
- 25 institutional investors held North Atlantic Acquisition Corporation Unit (NAACU) as of Q4 2021, down from 39 in Q3 2021.
- Funds reported $28.4M of North Atlantic Acquisition Corporation Unit stock for Q4 2021, down 58% quarter-over-quarter.
- 4 funds opened new North Atlantic Acquisition Corporation Unit positions in Q4 2021 and 18 closed out, a net change of -14 holders.
- The largest North Atlantic Acquisition Corporation Unit buyer in Q4 2021 was Cowen Investment Management, an estimated $1.85M added.
- The largest North Atlantic Acquisition Corporation Unit seller in Q4 2021 was Aristeia Capital, an estimated $9.67M sold.
Based on aggregated 13F filings for Q4 2021.