Nikola Corporation Common Stock
NKLA
NKLA was delisted on the 25th of February, 2025.
270 hedge funds and large institutions have $395M invested in Nikola Corporation Common Stock in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 79 increasing their positions, 67 reducing their positions, and 34 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 67
9% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 34
1% less funds holding
Funds holding: 274 → 270 (-4)
9% less capital invested
Capital invested by funds: $435M → $395M (-$40.5M)
15% less call options, than puts
Call options by funds: $59.4M | Put options by funds: $70.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$58M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$33.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$16.5M |
| 5 |
Jane Street
New York
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$10.6M |
| 2 |
Coatue Management
New York
|
-$4.15M |
| 3 |
SI
Saxon Interests
Houston,
Texas
|
-$1.61M |
| 4 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
-$642K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$587K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFG
301
Jefferies Financial Group
New York
| – | -$236 | -5 | Closed |
|
|
AWM
302
Abound Wealth Management
Franklin,
Tennessee
| – | -$87 | -2 | Closed |
|
|
C
303
Covestor
London,
United Kingdom
| – | -$31 | -1 | -25% |
|
304
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$124 | +4 | +29% |
|
NKLA Hedge Fund Activity: Q4 2023 in Review
270 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Nikola Corporation Common Stock (NKLA) for Q4 2023, worth a combined $395M — down 9.3% from $435M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of NKLA and 31 opened new positions — a net loss of 3 holders — while 67 trimmed existing stakes and 79 added.
The largest buyer was Norges Bank, adding an estimated $58M. The largest seller was GMT Capital, exiting entirely with an estimated $10.6M sold.
- 270 institutional investors held Nikola Corporation Common Stock (NKLA) as of Q4 2023, down from 274 in Q3 2023.
- Funds reported $395M of Nikola Corporation Common Stock stock for Q4 2023, down 9.3% quarter-over-quarter.
- 31 funds opened new Nikola Corporation Common Stock positions in Q4 2023 and 34 closed out, a net change of -3 holders.
- The largest Nikola Corporation Common Stock buyer in Q4 2023 was Norges Bank, an estimated $58M added.
- The largest Nikola Corporation Common Stock seller in Q4 2023 was GMT Capital, an estimated $10.6M sold.
Based on aggregated 13F filings for Q4 2023.