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.
13 hedge funds and large institutions have $19.1M 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 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 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
8% more funds holding
Funds holding: 12 → 13 (+1)
16% less capital invested
Capital invested by funds: $22.7M → $19.1M (-$3.56M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$354K |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$247K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$104K |
| 4 |
CS
Clear Street
New York
|
+$23.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$237 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.57M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.12M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$365K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.78K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$789 |
NGC.U Hedge Fund Activity: Q2 2022 in Review
13 of the 5,959 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 Q2 2022, worth a combined $19.1M — down 16% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NGC.U positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $354K. The largest seller was Parallax Volatility Advisers, exiting entirely with an estimated $2.57M sold.
- 13 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 Q2 2022, up from 12 in Q1 2022.
- Funds reported $19.1M of Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant stock for Q2 2022, down 16% 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 Q2 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 Q2 2022 was Cubist Systematic Strategies, an estimated $354K 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 Q2 2022 was Parallax Volatility Advisers, an estimated $2.57M sold.
Based on aggregated 13F filings for Q2 2022.