Northern Genesis Acquisition Corp. III
NGC
NGC was delisted on the 24th of March, 2023.
45 hedge funds and large institutions have $154M invested in Northern Genesis Acquisition Corp. III in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
7% more funds holding
Funds holding: 42 → 45 (+3)
4% more capital invested
Capital invested by funds: $148M → $154M (+$5.86M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$7.57M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$2.59M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.85M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.83M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$960K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$4.56M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.96M |
| 3 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$2.94M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.23M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$190K |
NGC Hedge Fund Activity: Q3 2022 in Review
45 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Northern Genesis Acquisition Corp. III (NGC) for Q3 2022, worth a combined $154M — up 4% from $148M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NGC positions and 6 closed out — a net gain of 3 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Magnetar Financial, adding an estimated $7.57M. The largest seller was RP Investment Advisors, cutting an estimated $4.56M.
- 45 institutional investors held Northern Genesis Acquisition Corp. III (NGC) as of Q3 2022, up from 42 in Q2 2022.
- Funds reported $154M of Northern Genesis Acquisition Corp. III stock for Q3 2022, up 4% quarter-over-quarter.
- 9 funds opened new Northern Genesis Acquisition Corp. III positions in Q3 2022 and 6 closed out, a net change of +3 holders.
- The largest Northern Genesis Acquisition Corp. III buyer in Q3 2022 was Magnetar Financial, an estimated $7.57M added.
- The largest Northern Genesis Acquisition Corp. III seller in Q3 2022 was RP Investment Advisors, an estimated $4.56M sold.
Based on aggregated 13F filings for Q3 2022.