Novus Capital Corporation Units
NOVSU
NOVSU was delisted on the 29th of January, 2021.
12 hedge funds and large institutions have $33M invested in Novus Capital Corporation Units in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 10 closing their positions.
43% less capital invested
Capital invested by funds: $57.5M → $33M (-$24.5M)
43% less funds holding
Funds holding: 21 → 12 (-9)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$4.42M |
| 2 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
+$36.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$7.66M |
| 2 |
KC
Kepos Capital
New York
|
-$7.02M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.21M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$3.7M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.67M |
NOVSU Hedge Fund Activity: Q3 2020 in Review
12 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Novus Capital Corporation Units (NOVSU) for Q3 2020, worth a combined $33M — down 43% from $57.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NOVSU and 1 opened new positions — a net loss of 9 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $4.42M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $7.66M sold.
- 12 institutional investors held Novus Capital Corporation Units (NOVSU) as of Q3 2020, down from 21 in Q2 2020.
- Funds reported $33M of Novus Capital Corporation Units stock for Q3 2020, down 43% quarter-over-quarter.
- 1 fund opened new Novus Capital Corporation Units positions in Q3 2020 and 10 closed out, a net change of -9 holders.
- The largest Novus Capital Corporation Units buyer in Q3 2020 was BlueCrest Capital Management, an estimated $4.42M added.
- The largest Novus Capital Corporation Units seller in Q3 2020 was Davidson Kempner Capital Management, an estimated $7.66M sold.
Based on aggregated 13F filings for Q3 2020.