99 Acquisition Group Inc
NNAG
NNAG was delisted on the 12th of September, 2024.
33 hedge funds and large institutions have $62.8M invested in 99 Acquisition Group Inc in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 10 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
16% more capital invested
Capital invested by funds: $54M → $62.8M (+$8.71M)
6% less funds holding
Funds holding: 35 → 33 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.55M |
| 2 |
CAC
Cowen and Company
New York
|
+$3.83M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.79M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$1.98M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KIM LLC
Wichita,
Kansas
|
-$3.57M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.04M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.02M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$491K |
| 5 |
CCM
Context Capital Management
Lajolla,
California
|
-$382K |
NNAG Hedge Fund Activity: Q1 2024 in Review
33 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in 99 Acquisition Group Inc (NNAG) for Q1 2024, worth a combined $62.8M — up 16% from $54M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NNAG and 8 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 8 added.
The largest buyer was Periscope Capital, adding an estimated $4.55M. The largest seller was KIM LLC, exiting entirely with an estimated $3.57M sold.
- 33 institutional investors held 99 Acquisition Group Inc (NNAG) as of Q1 2024, down from 35 in Q4 2023.
- Funds reported $62.8M of 99 Acquisition Group Inc stock for Q1 2024, up 16% quarter-over-quarter.
- 8 funds opened new 99 Acquisition Group Inc positions in Q1 2024 and 10 closed out, a net change of -2 holders.
- The largest 99 Acquisition Group Inc buyer in Q1 2024 was Periscope Capital, an estimated $4.55M added.
- The largest 99 Acquisition Group Inc seller in Q1 2024 was KIM LLC, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2024.