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.
17 hedge funds and large institutions have $52.8M invested in New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1% less capital invested
Capital invested by funds: $53.6M → $52.8M (-$789K)
6% less funds holding
Funds holding: 18 → 17 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.45M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.02M |
| 3 |
CI
Cowen Inc
New York
|
+$722K |
| 4 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$436K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$50.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$10.4M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$2.03M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$200K |
| 4 |
Walleye Trading
New York
|
-$42.7K |
NFC.U Hedge Fund Activity: Q1 2019 in Review
17 of the 4,621 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 Q1 2019, worth a combined $52.8M — down 1.5% from $53.6M a quarter earlier.
Fund positioning in NFC.U was balanced in Q1 2019: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 2 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $5.45M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $10.4M sold.
- 17 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 Q1 2019, down from 18 in Q4 2018.
- Funds reported $52.8M of New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa stock for Q1 2019, down 1.5% quarter-over-quarter.
- 2 funds opened new New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa positions in Q1 2019 and 2 closed out, a net change of 0 holders.
- The largest New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa buyer in Q1 2019 was Polar Asset Management Partners, an estimated $5.45M added.
- The largest New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa seller in Q1 2019 was BlueCrest Capital Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2019.