Northern Genesis Acquisition Corp. III
NGC
NGC was delisted on the 24th of March, 2023.
40 hedge funds and large institutions have $142M invested in Northern Genesis Acquisition Corp. III in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 4 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
12% more capital invested
Capital invested by funds: $127M → $142M (+$14.9M)
3% more funds holding
Funds holding: 39 → 40 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
-$1.54M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$305K |
| 3 |
KJHP
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$230K |
| 4 |
D.E. Shaw & Co
New York
|
-$181K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$99K |
NGC Hedge Fund Activity: Q1 2022 in Review
40 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Northern Genesis Acquisition Corp. III (NGC) for Q1 2022, worth a combined $142M — up 12% from $127M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NGC positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Alberta Investment Management Corp (AIMCo), opening a new position worth an estimated $11.2M. The largest seller was Sage Rock Capital Management, cutting an estimated $1.54M.
- 40 institutional investors held Northern Genesis Acquisition Corp. III (NGC) as of Q1 2022, up from 39 in Q4 2021.
- Funds reported $142M of Northern Genesis Acquisition Corp. III stock for Q1 2022, up 12% quarter-over-quarter.
- 5 funds opened new Northern Genesis Acquisition Corp. III positions in Q1 2022 and 4 closed out, a net change of +1 holder.
- The largest Northern Genesis Acquisition Corp. III buyer in Q1 2022 was Alberta Investment Management Corp (AIMCo), an estimated $11.2M added.
- The largest Northern Genesis Acquisition Corp. III seller in Q1 2022 was Sage Rock Capital Management, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2022.