Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant
NGC.U
NGC.U was delisted on the 20th of March, 2023.
11 hedge funds and large institutions have $25.3M invested in Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
3% less capital invested
Capital invested by funds: $26.1M → $25.3M (-$807K)
15% less funds holding
Funds holding: 13 → 11 (-2)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$701K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$998K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$577K |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$88.2K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.87K |
NGC.U Hedge Fund Activity: Q4 2021 in Review
11 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant (NGC.U) for Q4 2021, worth a combined $25.3M — down 3.1% from $26.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NGC.U and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Parallax Volatility Advisers, adding an estimated $701K. The largest seller was Kepos Capital, exiting entirely with an estimated $998K sold.
- 11 institutional investors held Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant (NGC.U) as of Q4 2021, down from 13 in Q3 2021.
- Funds reported $25.3M of Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant stock for Q4 2021, down 3.1% quarter-over-quarter.
- 0 funds opened new Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant positions in Q4 2021 and 2 closed out, a net change of -2 holders.
- The largest Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $701K added.
- The largest Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant seller in Q4 2021 was Kepos Capital, an estimated $998K sold.
Based on aggregated 13F filings for Q4 2021.