Newcourt Acquisition Corp Class A Ordinary Share
NCAC
NCAC was delisted on the 25th of January, 2024.
14 hedge funds and large institutions have $13.6M invested in Newcourt Acquisition Corp Class A Ordinary Share in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 5 closing their positions.
7% less capital invested
Capital invested by funds: $14.6M → $13.6M (-$1.02M)
13% less funds holding
Funds holding: 16 → 14 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$2.07M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.36M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$559K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$11.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$1.59M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.44M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$918K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$661K |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$273K |
NCAC Hedge Fund Activity: Q3 2023 in Review
14 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Newcourt Acquisition Corp Class A Ordinary Share (NCAC) for Q3 2023, worth a combined $13.6M — down 7% from $14.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NCAC and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $2.07M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $1.59M sold.
- 14 institutional investors held Newcourt Acquisition Corp Class A Ordinary Share (NCAC) as of Q3 2023, down from 16 in Q2 2023.
- Funds reported $13.6M of Newcourt Acquisition Corp Class A Ordinary Share stock for Q3 2023, down 7% quarter-over-quarter.
- 3 funds opened new Newcourt Acquisition Corp Class A Ordinary Share positions in Q3 2023 and 5 closed out, a net change of -2 holders.
- The largest Newcourt Acquisition Corp Class A Ordinary Share buyer in Q3 2023 was Cantor Fitzgerald, an estimated $2.07M added.
- The largest Newcourt Acquisition Corp Class A Ordinary Share seller in Q3 2023 was Fir Tree Capital Management, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2023.