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NGA.U

Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half

Delisted

NGA.U was delisted on the 6th of May, 2021.

11 hedge funds and large institutions have $12.3M invested in Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, 6 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% less funds holding

Funds holding: 5811 (-47)

92% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 50

96% less capital invested

Capital invested by funds: $285M → $12.3M (-$273M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 6

Holders
11
Holders Change
-47
Holders Change %
-81.03%
% of All Funds
0.19%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
4
Increased
Reduced
6
Closed
50
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
-$3.5K -350,000 Closed
VI
27
Vestcor Inc
New Brunswick, Canada
-$3.5M -350,000 Closed
DCM
28
Dupont Capital Management
Delaware
-$4.59M -349,998 -100%
KC
29
Kepos Capital
New York
-$3.27M -327,500 Closed
RJA
30
Raymond James & Associates
Florida
-$3.04M -304,131 Closed
AC
31
Aristeia Capital
Connecticut
-$3M -300,000 Closed
FTCM
32
First Trust Capital Management
Illinois
-$2.8M -280,000 Closed
Walleye Capital
33
Walleye Capital
New York
-$2.58M -258,181 Closed
Deutsche Bank
34
Deutsche Bank
Germany
-$2.5M -250,000 Closed
PC
35
Periscope Capital
Ontario, Canada
-$2.5M -250,000 Closed
BFM
36
Boothbay Fund Management
New York
-$2.49M -249,243 Closed
YCM
37
Yakira Capital Management
Connecticut
-$2.46M -246,100 Closed
Hudson Bay Capital Management
38
Hudson Bay Capital Management
Connecticut
-$2M -200,000 Closed
KPF
39
K2 Principal Fund
Ontario, Canada
-$2M -200,000 Closed
CCA
40
Castle Creek Arbitrage
Colorado
-$1.97M -197,569 Closed
Walleye Trading
41
Walleye Trading
New York
-$1.72M -172,122 Closed
BCM
42
Basso Capital Management
Connecticut
-$1.57M -157,660 Closed
State of Wisconsin Investment Board
43
State of Wisconsin Investment Board
Wisconsin
-$1.5M -150,000 Closed
CCM
44
Context Capital Management
California
-$1.5M -149,600 Closed
GCL
45
Glazer Capital LLC
New York
-$1.42M -141,967 Closed
AC
46
Athos Capital
Hong Kong
-$1.17M -117,400 Closed
HF
47
HRT Financial
New York
-$1.01M -101,333 Closed
Bank of America
48
Bank of America
North Carolina
-$999K -100,000 Closed
CIM
49
Cowen Investment Management
New York
-$999K -100,000 Closed
SSA
50
Schonfeld Strategic Advisors
New York
-$749K -75,000 Closed

NGA.U Hedge Fund Activity: Q4 2020 in Review

11 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half (NGA.U) for Q4 2020, worth a combined $12.3M — down 96% from $285M a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of NGA.U and 4 opened new positions — a net loss of 46 holders — while 6 trimmed existing stakes and 0 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $323K. The largest seller was Hartree Partners, cutting an estimated $32.8M.

  • 11 institutional investors held Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half (NGA.U) as of Q4 2020, down from 58 in Q3 2020.
  • Funds reported $12.3M of Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half stock for Q4 2020, down 96% quarter-over-quarter.
  • 4 funds opened new Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half positions in Q4 2020 and 50 closed out, a net change of -46 holders.
  • The largest Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half buyer in Q4 2020 was Virtu Financial, an estimated $323K added.
  • The largest Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half seller in Q4 2020 was Hartree Partners, an estimated $32.8M sold.

Based on aggregated 13F filings for Q4 2020.