Northern Genesis Acquisition Corp. III
NGC
NGC was delisted on the 24th of March, 2023.
39 hedge funds and large institutions have $127M invested in Northern Genesis Acquisition Corp. III in 2021 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
8% more funds holding
Funds holding: 36 → 39 (+3)
4% less capital invested
Capital invested by funds: $133M → $127M (-$5.86M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.01M |
| 2 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
+$3.74M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$3.4M |
| 4 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
+$2.29M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$11.2M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.37M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.11M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$2.39M |
| 5 |
D.E. Shaw & Co
New York
|
-$1.58M |
NGC Hedge Fund Activity: Q4 2021 in Review
39 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Northern Genesis Acquisition Corp. III (NGC) for Q4 2021, worth a combined $127M — down 4.4% from $133M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NGC positions and 4 closed out — a net gain of 3 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Westchester Capital Management (New York), adding an estimated $4.01M. The largest seller was Alberta Investment Management Corp (AIMCo), exiting entirely with an estimated $11.2M sold.
- 39 institutional investors held Northern Genesis Acquisition Corp. III (NGC) as of Q4 2021, up from 36 in Q3 2021.
- Funds reported $127M of Northern Genesis Acquisition Corp. III stock for Q4 2021, down 4.4% quarter-over-quarter.
- 7 funds opened new Northern Genesis Acquisition Corp. III positions in Q4 2021 and 4 closed out, a net change of +3 holders.
- The largest Northern Genesis Acquisition Corp. III buyer in Q4 2021 was Westchester Capital Management (New York), an estimated $4.01M added.
- The largest Northern Genesis Acquisition Corp. III seller in Q4 2021 was Alberta Investment Management Corp (AIMCo), an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2021.