Netfin Acquisition Corp. Unit
NFINU
NFINU was delisted on the 4th of November, 2020.
19 hedge funds and large institutions have $59.1M invested in Netfin Acquisition Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 10 closing their positions.
37% less funds holding
Funds holding: 30 → 19 (-11)
44% less capital invested
Capital invested by funds: $105M → $59.1M (-$46.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$78.5K |
| 2 |
Walleye Trading
New York
|
+$12.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$10.2M |
| 2 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$9.66M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$5.09M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.08M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$3.84M |
NFINU Hedge Fund Activity: Q1 2020 in Review
19 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Netfin Acquisition Corp. Unit (NFINU) for Q1 2020, worth a combined $59.1M — down 44% from $105M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NFINU and 0 opened new positions — a net loss of 10 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Basso Capital Management, adding an estimated $78.5K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $10.2M sold.
- 19 institutional investors held Netfin Acquisition Corp. Unit (NFINU) as of Q1 2020, down from 30 in Q4 2019.
- Funds reported $59.1M of Netfin Acquisition Corp. Unit stock for Q1 2020, down 44% quarter-over-quarter.
- 0 funds opened new Netfin Acquisition Corp. Unit positions in Q1 2020 and 10 closed out, a net change of -10 holders.
- The largest Netfin Acquisition Corp. Unit buyer in Q1 2020 was Basso Capital Management, an estimated $78.5K added.
- The largest Netfin Acquisition Corp. Unit seller in Q1 2020 was Shaolin Capital Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2020.