New Providence Acquisition Corp. II Class A Common Stock
NPAB
NPAB was delisted on the 8th of November, 2024.
55 hedge funds and large institutions have $254M invested in New Providence Acquisition Corp. II Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
12% more funds holding
Funds holding: 49 → 55 (+6)
10% more capital invested
Capital invested by funds: $231M → $254M (+$23.6M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$9.02M |
| 2 |
KL
KIM LLC
Wichita,
Kansas
|
+$7.58M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$7.31M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.07M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$805K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Taconic Capital Advisors
New York
|
-$5.99M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.09M |
| 3 |
Millennium Management
New York
|
-$1.49M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$1.09M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$559K |
NPAB Hedge Fund Activity: Q1 2023 in Review
55 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in New Providence Acquisition Corp. II Class A Common Stock (NPAB) for Q1 2023, worth a combined $254M — up 10% from $231M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NPAB positions and 3 closed out — a net gain of 6 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Periscope Capital, adding an estimated $9.02M. The largest seller was Taconic Capital Advisors, exiting entirely with an estimated $5.99M sold.
- 55 institutional investors held New Providence Acquisition Corp. II Class A Common Stock (NPAB) as of Q1 2023, up from 49 in Q4 2022.
- Funds reported $254M of New Providence Acquisition Corp. II Class A Common Stock stock for Q1 2023, up 10% quarter-over-quarter.
- 9 funds opened new New Providence Acquisition Corp. II Class A Common Stock positions in Q1 2023 and 3 closed out, a net change of +6 holders.
- The largest New Providence Acquisition Corp. II Class A Common Stock buyer in Q1 2023 was Periscope Capital, an estimated $9.02M added.
- The largest New Providence Acquisition Corp. II Class A Common Stock seller in Q1 2023 was Taconic Capital Advisors, an estimated $5.99M sold.
Based on aggregated 13F filings for Q1 2023.