Northern Genesis Acquisition Corp. III
NGC
NGC was delisted on the 24th of March, 2023.
1 hedge funds and large institutions have $106K invested in Northern Genesis Acquisition Corp. III in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 46 closing their positions.
98% less funds holding
Funds holding: 46 → 1 (-45)
98% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 46
100% less capital invested
Capital invested by funds: $161M → $106K (-$161M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$11.6M |
| 2 |
SC
Sculptor Capital
New York
|
-$11.4M |
| 3 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$11M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$9.1M |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$9.04M |
NGC Hedge Fund Activity: Q1 2023 in Review
1 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Northern Genesis Acquisition Corp. III (NGC) for Q1 2023, worth a combined $106K — down 100% from $161M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of NGC and 1 opened new positions — a net loss of 45 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $105K. The largest seller was Alberta Investment Management Corp (AIMCo), exiting entirely with an estimated $11.6M sold.
- 1 institutional investor held Northern Genesis Acquisition Corp. III (NGC) as of Q1 2023, down from 46 in Q4 2022.
- Funds reported $106K of Northern Genesis Acquisition Corp. III stock for Q1 2023, down 100% quarter-over-quarter.
- 1 fund opened new Northern Genesis Acquisition Corp. III positions in Q1 2023 and 46 closed out, a net change of -45 holders.
- The largest Northern Genesis Acquisition Corp. III buyer in Q1 2023 was Rivernorth Capital Management, an estimated $105K added.
- The largest Northern Genesis Acquisition Corp. III seller in Q1 2023 was Alberta Investment Management Corp (AIMCo), an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2023.