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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
OP
1
Omni Partners
United Kingdom
$4.81M -$5.42M -413,333 -64%
ACH
2
ArrowMark Colorado Holdings
Colorado
$4.59M -$1.38M -105,000 -32%
Jane Street
3
Jane Street
New York
$2.09M
VF
4
Virtu Financial
New York
$513K +$323K +24,614 New
FTUS
5
Flow Traders U.S.
New York
$210K +$132K +10,068 New
SGAM
6
Seaport Global Asset Management
New York
$41K -$26.2K -2,000 -50%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$39K -$1.62M -123,581 -99%
Morgan Stanley
8
Morgan Stanley
New York
$20K +$12.6K +958 New
HP
9
Hartree Partners
New York
$6.34K -$32.8M -2,499,696 -100%
TRCT
10
Tower Research Capital (TRC)
New York
$4K +$2.36K +180 New
Adage Capital Partners
11
Adage Capital Partners
Massachusetts
-$29.5M -2,950,000 Closed
AIMCA
12
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
-$27.5M -2,750,000 Closed
MF
13
Magnetar Financial
Illinois
-$27.5M -2,750,000 Closed
PMAM
14
Picton Mahoney Asset Management
Ontario, Canada
-$23.7M -2,372,800 Closed
AA
15
AQR Arbitrage
Connecticut
-$12.5M -1,250,000 Closed
SCM
16
Shaolin Capital Management
Florida
-$12M -1,200,000 Closed
TCA
17
Tortoise Capital Advisors
Kansas
-$9.1M -911,265 Closed
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$8.99M -900,000 Closed
MAM
19
Myriad Asset Management
Hong Kong
-$6.99M -700,000 Closed
Verition Fund Management
20
Verition Fund Management
Connecticut
-$6.99M -700,000 Closed
KJHP
21
K.J. Harrison & Partners
Ontario, Canada
-$6M -600,000 Closed
PAMP
22
Polar Asset Management Partners
Ontario, Canada
-$5.99M -600,000 Closed
LIM
23
Longfellow Investment Management
Massachusetts
-$5.69M -569,443 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
24
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$5M -500,000 Closed
OCAM
25
Owl Creek Asset Management
New York
-$5M -500,000 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.