Newcourt Acquisition Corp Class A Ordinary Share
NCAC
NCAC was delisted on the 25th of January, 2024.
49 hedge funds and large institutions have $207M invested in Newcourt Acquisition Corp Class A Ordinary Share in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 11 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
2% more funds holding
Funds holding: 48 → 49 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
3% less capital invested
Capital invested by funds: $213M → $207M (-$5.71M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$11M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$10.7M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$8.88M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$5.11M |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$20.4M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$10.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$5.54M |
| 4 |
SV
Starboard Value
New York
|
-$5.23M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SV
51
Starboard Value
New York
| – | -$5.23M | -516,222 | Closed |
|
|
UOC
52
UBS O'Connor
Chicago,
Illinois
| – | -$4.84M | -477,246 | Closed |
|
|
WAM
53
Weiss Asset Management
Boston,
Massachusetts
| – | -$4.8M | -473,200 | Closed |
|
|
CCM
54
Context Capital Management
Lajolla,
California
| – | -$4.18M | -408,515 | Closed |
|
|
WA
55
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$1.01M | -100,000 | Closed |
|
56
Citigroup
New York
| – | -$688K | -67,734 | Closed |
|
|
CSS
57
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$485K | -47,820 | Closed |
|
|
SAMU
58
SONA Asset Management (US)
New York
| – | -$152K | -15,000 | Closed |
|
|
SSA
59
Schonfeld Strategic Advisors
New York
| – | -$143K | -14,102 | Closed |
|
|
PP
60
Paloma Partners
Greenwich,
Connecticut
| – | -$102K | -10,000 | Closed |
|
NCAC Hedge Fund Activity: Q4 2022 in Review
49 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Newcourt Acquisition Corp Class A Ordinary Share (NCAC) for Q4 2022, worth a combined $207M — down 2.7% from $213M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NCAC positions and 11 closed out — a net gain of 1 holder — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Westchester Capital Management (New York), adding an estimated $11M. The largest seller was Polar Asset Management Partners, cutting an estimated $20.4M.
- 49 institutional investors held Newcourt Acquisition Corp Class A Ordinary Share (NCAC) as of Q4 2022, up from 48 in Q3 2022.
- Funds reported $207M of Newcourt Acquisition Corp Class A Ordinary Share stock for Q4 2022, down 2.7% quarter-over-quarter.
- 12 funds opened new Newcourt Acquisition Corp Class A Ordinary Share positions in Q4 2022 and 11 closed out, a net change of +1 holder.
- The largest Newcourt Acquisition Corp Class A Ordinary Share buyer in Q4 2022 was Westchester Capital Management (New York), an estimated $11M added.
- The largest Newcourt Acquisition Corp Class A Ordinary Share seller in Q4 2022 was Polar Asset Management Partners, an estimated $20.4M sold.
Based on aggregated 13F filings for Q4 2022.