Netfin Acquisition Corp. Unit
NFINU
NFINU was delisted on the 4th of November, 2020.
30 hedge funds and large institutions have $105M invested in Netfin Acquisition Corp. Unit in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 14 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
18% less capital invested
Capital invested by funds: $128M → $105M (-$22.5M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
86% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$2.82M |
| 2 |
CIM
Cowen Investment Management
New York
|
+$1.52M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$27.4K |
| 4 |
Walleye Trading
New York
|
+$7.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.6M |
| 2 |
KC
Kepos Capital
New York
|
-$6.36M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.07M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$4M |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$3.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRAM
26
Spouting Rock Asset Management
Bryn Mawr,
Pennsylvania
| $527K | +$512K | +50,547 | New |
|
|
AFS
27
Amtrust Financial Services
New York
| $430K | -$507K | -50,000 | -54% |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| $277K | – | – | – |
|
|
29
UBS Group
Zurich,
Switzerland
| $34K | +$27.4K | +2,700 | +450% |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| $23K | -$38.6K | -3,810 | -63% |
|
|
BRF
31
B. Riley Financial
Los Angeles,
California
| – | -$3.09M | -306,100 | Closed |
|
|
CAC
32
Cowen and Company
New York
| – | -$1.5M | -148,465 | Closed |
|
|
BFM
33
Boothbay Fund Management
New York
| – | -$1.01M | -100,000 | Closed |
|
|
UOC
34
UBS O'Connor
Chicago,
Illinois
| – | -$1.01M | -100,000 | Closed |
|
NFINU Hedge Fund Activity: Q4 2019 in Review
30 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Netfin Acquisition Corp. Unit (NFINU) for Q4 2019, worth a combined $105M — down 18% from $128M a quarter earlier.
Fund positioning in NFINU was balanced in Q4 2019: 4 funds opened new positions, 4 closed out, 2 added to existing stakes and 14 trimmed.
The largest buyer was Vertex One Asset Management, opening a new position worth an estimated $2.82M. The largest seller was HGC Investment Management, cutting an estimated $7.6M.
- 30 institutional investors held Netfin Acquisition Corp. Unit (NFINU) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $105M of Netfin Acquisition Corp. Unit stock for Q4 2019, down 18% quarter-over-quarter.
- 4 funds opened new Netfin Acquisition Corp. Unit positions in Q4 2019 and 4 closed out, a net change of 0 holders.
- The largest Netfin Acquisition Corp. Unit buyer in Q4 2019 was Vertex One Asset Management, an estimated $2.82M added.
- The largest Netfin Acquisition Corp. Unit seller in Q4 2019 was HGC Investment Management, an estimated $7.6M sold.
Based on aggregated 13F filings for Q4 2019.