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NPAC

New Providence Acquisition Corp III
NPAC

50 hedge funds and large institutions have $270M invested in New Providence Acquisition Corp III in 2025 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

667% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 3

80% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 5

67% more funds holding

Funds holding: 30 → 50 (+20)

66% more capital invested

Capital invested by funds: $163M → $270M (+$107M)

32.79% more ownership

Funds ownership: 53.07% → 85.86% (+33%)

Holders
50
Holders Change
+20
Holders Change %
+66.67%
% of All Funds
0.66%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
23
Increased
9
Reduced
5
Closed
3
Calls
$29K
Puts
–
Net Calls
+$29K
Net Calls Change
+$29K

Top Buyers

Rank Fund Capital Flow
1
MI
MMCAP International
Cayman Islands
+$22.3M
2
AA
AQR Arbitrage
Connecticut
+$16.4M
3
PMAM
Picton Mahoney Asset Management
Ontario, Canada
+$10.1M
4
WC
Wealthspring Capital
New York
+$7.53M
5
RCM
Radcliffe Capital Management
Pennsylvania
+$5.66M

Top Sellers

Rank Fund Capital Flow
1
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$5.17M
2
SCM
Saba Capital Management
New York
-$2.93M
3
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
-$1.92M
4
VF
Virtu Financial
New York
-$917K
5
HCM
Highbridge Capital Management
New York
-$634K
Name Holding Trade Value Shares
Change 		Change in
Stake
Verition Fund Management
26
Verition Fund Management
Connecticut
$3.46M +$811K +80,000 +31%
GCL
27
Glazer Capital LLC
New York
$3.27M +$139K +13,725 +4%
CS
28
Clear Street
New York
$3.23M +$1.26M +124,141 +64%
MC
29
Meteora Capital
Florida
$3.05M +$3.04M +300,000 New
MCM
30
Moore Capital Management
New York
$3.05M +$3.04M +300,000 New
WAM
31
Wolverine Asset Management
Illinois
$3.04M -$340K -33,591 -10%
Hudson Bay Capital Management
32
Hudson Bay Capital Management
Connecticut
$2.83M +$2.82M +278,606 New
DAM
33
Decagon Asset Management
United Kingdom
$2.58M +$35.5K +3,507 +1%
UOC
34
UBS O'Connor
Illinois
$2.54M +$1.52M +150,000 +150%
DAM
35
DLD Asset Management
New York
$2.03M +$2.03M +200,000 New
CC
36
Centiva Capital
New York
$2.03M +$2.03M +199,998 New
PAMP
37
Polar Asset Management Partners
Ontario, Canada
$2.03M – – –
Millennium Management
38
Millennium Management
New York
$1.86M +$1.86M +183,334 New
MSU
39
Mizuho Securities USA
New York
$1.51M +$66.1K +6,518 +5%
CCM
40
Context Capital Management
California
$1.02M – – –
D.E. Shaw & Co
41
D.E. Shaw & Co
New York
$1.02M +$1.01M +100,000 New
DAM
42
Deltec Asset Management
New York
$763K – – –
BNP Paribas Financial Markets
43
BNP Paribas Financial Markets
France
$755K +$753K +74,284 New
Susquehanna International Group
44
Susquehanna International Group
Pennsylvania
$685K +$683K +67,377 New
UBS Group
45
UBS Group
Switzerland
$624K +$622K +61,342 New
HCM
46
Heights Capital Management
California
$509K – – –
JP Morgan Chase
47
JP Morgan Chase
New York
$455K -$33.3K -3,286 -7%
Citadel Advisors
48
Citadel Advisors
Florida
$106K +$106K +10,417 New
Toronto Dominion Bank
49
Toronto Dominion Bank
Ontario, Canada
$65.1K -$1.92M -189,667 -97%
Morgan Stanley
50
Morgan Stanley
New York
$458 -$243 -24 -35%
1
2
3

NPAC Hedge Fund Activity: Q3 2025 in Review

50 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in New Providence Acquisition Corp III (NPAC) for Q3 2025, worth a combined $270M — up 66% from $163M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new NPAC positions and 3 closed out — a net gain of 20 holders — while 9 added to existing stakes and 5 trimmed.

The largest buyer was MMCAP International, opening a new position worth an estimated $22.3M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, cutting an estimated $5.17M.

  • 50 institutional investors held New Providence Acquisition Corp III (NPAC) as of Q3 2025, up from 30 in Q2 2025.
  • Funds reported $270M of New Providence Acquisition Corp III stock for Q3 2025, up 66% quarter-over-quarter.
  • 23 funds opened new New Providence Acquisition Corp III positions in Q3 2025 and 3 closed out, a net change of +20 holders.
  • The largest New Providence Acquisition Corp III buyer in Q3 2025 was MMCAP International, an estimated $22.3M added.
  • The largest New Providence Acquisition Corp III seller in Q3 2025 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $5.17M sold.

Based on aggregated 13F filings for Q3 2025.