NightDragon Acquisition Corp. SCALE Units
NDACU
NDACU was delisted on the 2nd of December, 2022.
28 hedge funds and large institutions have $20M invested in NightDragon Acquisition Corp. SCALE Units in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 10 closing their positions.
24% less funds holding
Funds holding: 37 → 28 (-9)
37% less capital invested
Capital invested by funds: $31.8M → $20M (-$11.8M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$633K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$161K |
| 3 |
CS
Clear Street
New York
|
+$29.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$5.37M |
| 2 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$4.26M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.58M |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$1.32M |
| 5 |
CTC
Chai Trust Company
Chicago,
Illinois
|
-$496K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $5K | – | – | – |
|
27
First Manhattan
New York
| $4K | – | – | – |
|
|
AC
28
Aristeia Capital
Greenwich,
Connecticut
| – | -$5.37M | -540,855 | Closed |
|
|
PSAMP
29
P. Schoenfeld Asset Management (PSAM)
New York
| – | -$4.26M | -429,762 | Closed |
|
|
HIM
30
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$1.58M | -159,670 | Closed |
|
|
CF
31
Cantor Fitzgerald
New York
| – | -$1.32M | -133,200 | Closed |
|
|
CTC
32
Chai Trust Company
Chicago,
Illinois
| – | -$496K | -50,000 | Closed |
|
|
CCM
33
CAAS Capital Management
New York
| – | -$352K | -35,461 | Closed |
|
|
SCM
34
Shaolin Capital Management
Miami,
Florida
| – | -$279K | -28,134 | Closed |
|
|
CCM
35
Context Capital Management
Lajolla,
California
| – | -$191K | -19,284 | Closed |
|
36
Citadel Advisors
Miami,
Florida
| – | -$105K | -10,628 | Closed |
|
|
AA
37
Ancora Advisors
Cleveland,
Ohio
| – | -$30K | -3,000 | Closed |
|
NDACU Hedge Fund Activity: Q1 2022 in Review
28 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in NightDragon Acquisition Corp. SCALE Units (NDACU) for Q1 2022, worth a combined $20M — down 37% from $31.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NDACU and 2 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Parallax Volatility Advisers, adding an estimated $633K. The largest seller was Aristeia Capital, exiting entirely with an estimated $5.37M sold.
- 28 institutional investors held NightDragon Acquisition Corp. SCALE Units (NDACU) as of Q1 2022, down from 37 in Q4 2021.
- Funds reported $20M of NightDragon Acquisition Corp. SCALE Units stock for Q1 2022, down 37% quarter-over-quarter.
- 2 funds opened new NightDragon Acquisition Corp. SCALE Units positions in Q1 2022 and 10 closed out, a net change of -8 holders.
- The largest NightDragon Acquisition Corp. SCALE Units buyer in Q1 2022 was Parallax Volatility Advisers, an estimated $633K added.
- The largest NightDragon Acquisition Corp. SCALE Units seller in Q1 2022 was Aristeia Capital, an estimated $5.37M sold.
Based on aggregated 13F filings for Q1 2022.