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.
18 hedge funds and large institutions have $53.6M invested in New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 21 → 18 (-3)
35% less capital invested
Capital invested by funds: $82.9M → $53.6M (-$29.3M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$169K |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$18.3K |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$2.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$6.12M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$5.13M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.08M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$4.06M |
| 5 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.94M |
NFC.U Hedge Fund Activity: Q4 2018 in Review
18 of the 4,505 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 Q4 2018, worth a combined $53.6M — down 35% from $82.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NFC.U and 1 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Cowen Inc, opening a new position worth an estimated $169K. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $6.12M sold.
- 18 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 Q4 2018, down from 21 in Q3 2018.
- Funds reported $53.6M of New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa stock for Q4 2018, down 35% quarter-over-quarter.
- 1 fund opened new New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa positions in Q4 2018 and 4 closed out, a net change of -3 holders.
- The largest New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa buyer in Q4 2018 was Cowen Inc, an estimated $169K added.
- The largest New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa seller in Q4 2018 was Alyeska Investment Group, an estimated $6.12M sold.
Based on aggregated 13F filings for Q4 2018.