Netfin Acquisition Corp. Unit
NFINU
NFINU was delisted on the 4th of November, 2020.
4 hedge funds and large institutions have $351K invested in Netfin Acquisition Corp. Unit in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 12 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
75% less funds holding
Funds holding: 16 → 4 (-12)
99% less capital invested
Capital invested by funds: $47.2M → $351K (-$46.8M)
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: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$6.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$12.8M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$11.2M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$6.55M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$6.29M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.46M |
NFINU Hedge Fund Activity: Q3 2020 in Review
4 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Netfin Acquisition Corp. Unit (NFINU) for Q3 2020, worth a combined $351K — down 99% from $47.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NFINU and 0 opened new positions — a net loss of 12 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $6.01K. The largest seller was Magnetar Financial, exiting entirely with an estimated $12.8M sold.
- 4 institutional investors held Netfin Acquisition Corp. Unit (NFINU) as of Q3 2020, down from 16 in Q2 2020.
- Funds reported $351K of Netfin Acquisition Corp. Unit stock for Q3 2020, down 99% quarter-over-quarter.
- 0 funds opened new Netfin Acquisition Corp. Unit positions in Q3 2020 and 12 closed out, a net change of -12 holders.
- The largest Netfin Acquisition Corp. Unit buyer in Q3 2020 was UBS Group, an estimated $6.01K added.
- The largest Netfin Acquisition Corp. Unit seller in Q3 2020 was Magnetar Financial, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2020.