Northern Genesis Acquisition Corp. III
NGC
NGC was delisted on the 24th of March, 2023.
36 hedge funds and large institutions have $133M invested in Northern Genesis Acquisition Corp. III in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 1 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
71% more funds holding
Funds holding: 21 → 36 (+15)
70% more capital invested
Capital invested by funds: $78.1M → $133M (+$54.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$7.32M |
| 2 |
SC
Sculptor Capital
New York
|
+$6.06M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$5.72M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
+$4.88M |
| 5 |
Millennium Management
New York
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.09M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.1M |
NGC Hedge Fund Activity: Q3 2021 in Review
36 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Northern Genesis Acquisition Corp. III (NGC) for Q3 2021, worth a combined $133M — up 70% from $78.1M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NGC positions and 1 closed out — a net gain of 15 holders — while 9 added to existing stakes and 1 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $7.32M. The largest seller was Verition Fund Management, exiting entirely with an estimated $2.09M sold.
- 36 institutional investors held Northern Genesis Acquisition Corp. III (NGC) as of Q3 2021, up from 21 in Q2 2021.
- Funds reported $133M of Northern Genesis Acquisition Corp. III stock for Q3 2021, up 70% quarter-over-quarter.
- 16 funds opened new Northern Genesis Acquisition Corp. III positions in Q3 2021 and 1 closed out, a net change of +15 holders.
- The largest Northern Genesis Acquisition Corp. III buyer in Q3 2021 was Macquarie Group, an estimated $7.32M added.
- The largest Northern Genesis Acquisition Corp. III seller in Q3 2021 was Verition Fund Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2021.