New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa
NFC.U
NFC.U was delisted on the 17th of December, 2019.
21 hedge funds and large institutions have $82.9M invested in New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
36% less funds holding
Funds holding: 33 → 21 (-12)
43% less capital invested
Capital invested by funds: $145M → $82.9M (-$62.1M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$4.66M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$844K |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$567K |
| 4 |
Walleye Trading
New York
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$10.1M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$10.1M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$10M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$7.54M |
| 5 |
MCM
Moore Capital Management
New York
|
-$5.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
26
Moore Capital Management
New York
| – | -$5.03M | -500,000 | Closed |
|
|
SSA
27
Schonfeld Strategic Advisors
New York
| – | -$5.03M | -500,000 | Closed |
|
|
AGC
28
Angelo Gordon & Co
New York
| – | -$4.02M | -400,000 | Closed |
|
|
MP
29
Mangrove Partners
Greenwich,
Connecticut
| – | -$4.02M | -400,000 | Closed |
|
|
CI
30
Cowen Inc
New York
| – | -$2.47K | -246,180 | Closed |
|
|
WAM
31
Weiss Asset Management
Boston,
Massachusetts
| – | -$1.76M | -175,000 | Closed |
|
|
6CM
32
683 Capital Management
New York
| – | -$1M | -100,000 | Closed |
|
33
Citigroup
New York
| – | -$4K | -400 | Closed |
|
NFC.U Hedge Fund Activity: Q3 2018 in Review
21 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa (NFC.U) for Q3 2018, worth a combined $82.9M — down 43% from $145M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NFC.U and 0 opened new positions — a net loss of 12 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $4.66M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $10.1M sold.
- 21 institutional investors held New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa (NFC.U) as of Q3 2018, down from 33 in Q2 2018.
- Funds reported $82.9M of New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa stock for Q3 2018, down 43% quarter-over-quarter.
- 0 funds opened new New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa positions in Q3 2018 and 12 closed out, a net change of -12 holders.
- The largest New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa buyer in Q3 2018 was BlueCrest Capital Management, an estimated $4.66M added.
- The largest New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa seller in Q3 2018 was AQR Arbitrage, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2018.