North Atlantic Acquisition Corporation Unit
NAACU
NAACU was delisted on the 18th of January, 2023.
22 hedge funds and large institutions have $21.7M invested in North Atlantic Acquisition Corporation Unit in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 6 closing their positions.
12% less funds holding
Funds holding: 25 → 22 (-3)
24% less capital invested
Capital invested by funds: $28.4M → $21.7M (-$6.7M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.21M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$45.6K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$29.9K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$16.9K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$2.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.76M |
| 2 |
TAL
TIG Advisors LLC
New York
|
-$1.92M |
| 3 |
IPCP
Iron Park Capital Partners
New York
|
-$731K |
| 4 |
JP Morgan Chase
New York
|
-$685K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$571K |
NAACU Hedge Fund Activity: Q1 2022 in Review
22 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in North Atlantic Acquisition Corporation Unit (NAACU) for Q1 2022, worth a combined $21.7M — down 24% from $28.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAACU and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.21M. The largest seller was HGC Investment Management, exiting entirely with an estimated $2.76M sold.
- 22 institutional investors held North Atlantic Acquisition Corporation Unit (NAACU) as of Q1 2022, down from 25 in Q4 2021.
- Funds reported $21.7M of North Atlantic Acquisition Corporation Unit stock for Q1 2022, down 24% quarter-over-quarter.
- 3 funds opened new North Atlantic Acquisition Corporation Unit positions in Q1 2022 and 6 closed out, a net change of -3 holders.
- The largest North Atlantic Acquisition Corporation Unit buyer in Q1 2022 was Wolverine Asset Management, an estimated $1.21M added.
- The largest North Atlantic Acquisition Corporation Unit seller in Q1 2022 was HGC Investment Management, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2022.