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.
14 hedge funds and large institutions have $43M invested in New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 3 closing their positions.
18% less funds holding
Funds holding: 17 → 14 (-3)
19% less capital invested
Capital invested by funds: $52.8M → $43M (-$9.82M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$6.74M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.55M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$1.45M |
| 4 |
CI
Cowen Inc
New York
|
-$886K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$517K |
NFC.U Hedge Fund Activity: Q2 2019 in Review
14 of the 4,605 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 Q2 2019, worth a combined $43M — down 19% from $52.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NFC.U and 0 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $517K. The largest seller was Basso Capital Management, exiting entirely with an estimated $6.74M sold.
- 14 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 Q2 2019, down from 17 in Q1 2019.
- Funds reported $43M of New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa stock for Q2 2019, down 19% 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 Q2 2019 and 3 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 Q2 2019 was Polar Asset Management Partners, an estimated $517K added.
- The largest New Frontier Corporation Units, each consisting of one Class A Ordinary Share and one half of one Wa seller in Q2 2019 was Basso Capital Management, an estimated $6.74M sold.
Based on aggregated 13F filings for Q2 2019.