Newborn Acquisition Corp. Unit
NBACU
NBACU was delisted on the 22nd of March, 2021.
11 hedge funds and large institutions have $28.8M invested in Newborn Acquisition Corp. Unit in 2020 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 8 closing their positions.
38% less capital invested
Capital invested by funds: $46.5M → $28.8M (-$17.7M)
45% less funds holding
Funds holding: 20 → 11 (-9)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$3.88M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$2.99M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.42M |
| 4 |
CAC
Cowen and Company
New York
|
-$2.15M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.23M |
NBACU Hedge Fund Activity: Q2 2020 in Review
11 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Newborn Acquisition Corp. Unit (NBACU) for Q2 2020, worth a combined $28.8M — down 38% from $46.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NBACU and 0 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.24M. The largest seller was HGC Investment Management, exiting entirely with an estimated $3.88M sold.
- 11 institutional investors held Newborn Acquisition Corp. Unit (NBACU) as of Q2 2020, down from 20 in Q1 2020.
- Funds reported $28.8M of Newborn Acquisition Corp. Unit stock for Q2 2020, down 38% quarter-over-quarter.
- 0 funds opened new Newborn Acquisition Corp. Unit positions in Q2 2020 and 8 closed out, a net change of -8 holders.
- The largest Newborn Acquisition Corp. Unit buyer in Q2 2020 was Polar Asset Management Partners, an estimated $2.24M added.
- The largest Newborn Acquisition Corp. Unit seller in Q2 2020 was HGC Investment Management, an estimated $3.88M sold.
Based on aggregated 13F filings for Q2 2020.