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.
12 hedge funds and large institutions have $22.7M invested in Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more funds holding
Funds holding: 11 → 12 (+1)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
69% less capital inflows, than outflows
Capital inflows: $1.06M | Capital outflows: $3.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
BBR Partners
New York
|
+$396K |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$80.7K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.96K |
| 4 |
Tower Research Capital (TRC)
New York
|
+$792 |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$475 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.78M |
| 2 |
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$1.51M |
| 3 |
Magnetar Financial
Evanston,
Illinois
|
-$87.6K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$49 |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$20 |
NGC.U Hedge Fund Activity: Q1 2022 in Review
12 of the 6,362 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 Q1 2022, worth a combined $22.7M — down 10% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NGC.U positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 3 trimmed.
The largest buyer was BBR Partners, opening a new position worth an estimated $396K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $1.78M sold.
- 12 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 Q1 2022, up from 11 in Q4 2021.
- Funds reported $22.7M of Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant stock for Q1 2022, down 10% quarter-over-quarter.
- 3 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 Q1 2022 and 2 closed out, a net change of +1 holder.
- 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 Q1 2022 was BBR Partners, an estimated $396K 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 Q1 2022 was Shaolin Capital Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2022.