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NGC.U

Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant
NGC.U

Delisted

NGC.U was delisted on the 20th of March, 2023.

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10 hedge funds and large institutions have $10.2M 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 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% less funds holding

Funds holding: 13 → 10 (-3)

47% less capital invested

Capital invested by funds: $19.1M → $10.2M (-$8.97M)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
10
Holders Change
-3
Holders Change %
-23.08%
% of All Funds
0.17%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
3
Reduced
–
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wolverine Trading
Wolverine Trading
Illinois
+$222K
2
VF
Virtu Financial
New York
+$111K
3
UBS Group
UBS Group
Switzerland
+$29.2K
4
CS
Clear Street
New York
+$11.7K
5
WAM
Wolverine Asset Management
Illinois
+$9.85K

Top Sellers

Rank Fund Capital Flow
1
MF
Magnetar Financial
Illinois
-$7.59M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$821K
3
BP
BBR Partners
New York
-$391K
4
CSS
Cubist Systematic Strategies
Connecticut
-$356K
5
Calamos Advisors
Calamos Advisors
Illinois
-$178K

NGC.U Hedge Fund Activity: Q3 2022 in Review

10 of the 5,828 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 Q3 2022, worth a combined $10.2M — down 47% from $19.1M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NGC.U and 3 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 3 added.

The largest buyer was Wolverine Trading, opening a new position worth an estimated $222K. The largest seller was Magnetar Financial, exiting entirely with an estimated $7.59M sold.

  • 10 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 Q3 2022, down from 13 in Q2 2022.
  • Funds reported $10.2M of Northern Genesis Acquisition Corp. III Units, each consisting of one share of common stock and one-quarter of one redeemable warrant stock for Q3 2022, down 47% 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 Q3 2022 and 6 closed out, a net change of -3 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 Q3 2022 was Wolverine Trading, an estimated $222K 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 Q3 2022 was Magnetar Financial, an estimated $7.59M sold.

Based on aggregated 13F filings for Q3 2022.