Northern Lights Acquisition Corp. Units
NLITU
NLITU was delisted on the 28th of September, 2022.
10 hedge funds and large institutions have $11.6M invested in Northern Lights Acquisition Corp. Units in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, reducing their positions, and 25 closing their positions.
68% less funds holding
Funds holding: 31 → 10 (-21)
84% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 25
90% less capital invested
Capital invested by funds: $115M → $11.6M (-$103M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$1.27M |
| 2 |
Millennium Management
New York
|
+$351K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$21.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$9.18M |
| 2 |
ASM
ATW SPAC Management
New York
|
-$9.12M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$9.12M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.12M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
26
Context Capital Management
Lajolla,
California
| – | -$1.62M | -159,990 | Closed |
|
|
MP
27
Mangrove Partners
Greenwich,
Connecticut
| – | -$1.52M | -150,200 | Closed |
|
|
RCM
28
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$1.27M | -125,000 | Closed |
|
|
WRBC
29
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.25M | -123,638 | Closed |
|
|
WA
30
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$1.01M | -100,000 | Closed |
|
|
HCM
31
Highbridge Capital Management
New York
| – | -$744K | -72,988 | Closed |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$517K | -51,000 | Closed |
|
|
MSU
33
Mizuho Securities USA
New York
| – | -$503K | -50,000 | Closed |
|
|
TCM
34
Tuttle Capital Management
Riverside,
Connecticut
| – | -$261K | -25,768 | Closed |
|
|
SSA
35
Schonfeld Strategic Advisors
New York
| – | -$203K | -20,000 | Closed |
|
NLITU Hedge Fund Activity: Q3 2021 in Review
10 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Northern Lights Acquisition Corp. Units (NLITU) for Q3 2021, worth a combined $11.6M — down 90% from $115M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NLITU and 4 opened new positions — a net loss of 21 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was SkyView Investment Advisors, opening a new position worth an estimated $1.27M. The largest seller was Saba Capital Management, exiting entirely with an estimated $9.18M sold.
- 10 institutional investors held Northern Lights Acquisition Corp. Units (NLITU) as of Q3 2021, down from 31 in Q2 2021.
- Funds reported $11.6M of Northern Lights Acquisition Corp. Units stock for Q3 2021, down 90% quarter-over-quarter.
- 4 funds opened new Northern Lights Acquisition Corp. Units positions in Q3 2021 and 25 closed out, a net change of -21 holders.
- The largest Northern Lights Acquisition Corp. Units buyer in Q3 2021 was SkyView Investment Advisors, an estimated $1.27M added.
- The largest Northern Lights Acquisition Corp. Units seller in Q3 2021 was Saba Capital Management, an estimated $9.18M sold.
Based on aggregated 13F filings for Q3 2021.