New Providence Acquisition Corp. II Class A Common Stock
NPAB
NPAB was delisted on the 8th of November, 2024.
10 hedge funds and large institutions have $55.2M invested in New Providence Acquisition Corp. II Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 6 reducing their positions, and 46 closing their positions.
78% less capital invested
Capital invested by funds: $254M → $55.2M (-$199M)
82% less funds holding
Funds holding: 55 → 10 (-45)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 46
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$3.68M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$63 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$17.5M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$15.5M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$13.2M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$11.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.1M |
NPAB Hedge Fund Activity: Q2 2023 in Review
10 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in New Providence Acquisition Corp. II Class A Common Stock (NPAB) for Q2 2023, worth a combined $55.2M — down 78% from $254M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of NPAB and 2 opened new positions — a net loss of 44 holders — while 6 trimmed existing stakes and 0 added.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $3.68M. The largest seller was Saba Capital Management, exiting entirely with an estimated $17.5M sold.
- 10 institutional investors held New Providence Acquisition Corp. II Class A Common Stock (NPAB) as of Q2 2023, down from 55 in Q1 2023.
- Funds reported $55.2M of New Providence Acquisition Corp. II Class A Common Stock stock for Q2 2023, down 78% quarter-over-quarter.
- 2 funds opened new New Providence Acquisition Corp. II Class A Common Stock positions in Q2 2023 and 46 closed out, a net change of -44 holders.
- The largest New Providence Acquisition Corp. II Class A Common Stock buyer in Q2 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $3.68M added.
- The largest New Providence Acquisition Corp. II Class A Common Stock seller in Q2 2023 was Saba Capital Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2023.