New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema
NBA.U
NBA.U was delisted on the 4th of August, 2021.
4 hedge funds and large institutions have $1.49M invested in New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 2 reducing their positions, and 15 closing their positions.
76% less funds holding
Funds holding: 17 → 4 (-13)
87% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 15
96% less capital invested
Capital invested by funds: $38.5M → $1.49M (-$37M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$136K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$44.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.3M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$5.47M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.29M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.52M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.33M |
NBA.U Hedge Fund Activity: Q1 2021 in Review
4 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema (NBA.U) for Q1 2021, worth a combined $1.49M — down 96% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NBA.U and 2 opened new positions — a net loss of 13 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $136K. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $12.3M sold.
- 4 institutional investors held New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema (NBA.U) as of Q1 2021, down from 17 in Q4 2020.
- Funds reported $1.49M of New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema stock for Q1 2021, down 96% quarter-over-quarter.
- 2 funds opened new New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema positions in Q1 2021 and 15 closed out, a net change of -13 holders.
- The largest New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema buyer in Q1 2021 was Flow Traders U.S., an estimated $136K added.
- The largest New Beginnings Acquisition Corp. Units,eachconsistingofoneshareofcommon stock andoneredeema seller in Q1 2021 was Polar Asset Management Partners, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2021.