New Providence Acquisition Corp. Unit
NPAUU
NPAUU was delisted on the 6th of April, 2021.
24 hedge funds and large institutions have $65.5M invested in New Providence Acquisition Corp. Unit in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 11 closing their positions.
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
31% less funds holding
Funds holding: 35 → 24 (-11)
36% less capital invested
Capital invested by funds: $103M → $65.5M (-$37.4M)
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$802K |
| 2 |
CAC
Cowen and Company
New York
|
+$558K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$516K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$513K |
| 5 |
OP
Omni Partners
London,
United Kingdom
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.4M |
| 2 |
LA
Linden Advisors
New York
|
-$7.71M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$5.14M |
| 4 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$3.08M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$5.14M | -500,000 | Closed |
|
|
BGIM
27
Boussard & Gavaudan Investment Management
London,
United Kingdom
| – | -$3.08M | -300,000 | Closed |
|
|
KPF
28
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$3.08M | -300,000 | Closed |
|
|
FTCM
29
Fir Tree Capital Management
New York
| – | -$2.06M | -200,000 | Closed |
|
|
BI
30
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$1.54M | -150,600 | Closed |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.54M | -150,000 | Closed |
|
32
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$1.54M | -150,000 | Closed |
|
|
KC
33
Kepos Capital
New York
| – | -$741K | -72,200 | Closed |
|
|
JG
34
Jefferies Group
New York
| – | -$514K | -50,000 | Closed |
|
|
ICM
35
Ionic Capital Management
New York
| – | -$205K | -20,000 | Closed |
|
NPAUU Hedge Fund Activity: Q1 2020 in Review
24 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in New Providence Acquisition Corp. Unit (NPAUU) for Q1 2020, worth a combined $65.5M — down 36% from $103M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NPAUU and 1 opened new positions — a net loss of 10 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Radcliffe Capital Management, opening a new position worth an estimated $802K. The largest seller was Millennium Management, cutting an estimated $12.4M.
- 24 institutional investors held New Providence Acquisition Corp. Unit (NPAUU) as of Q1 2020, down from 35 in Q4 2019.
- Funds reported $65.5M of New Providence Acquisition Corp. Unit stock for Q1 2020, down 36% quarter-over-quarter.
- 1 fund opened new New Providence Acquisition Corp. Unit positions in Q1 2020 and 11 closed out, a net change of -10 holders.
- The largest New Providence Acquisition Corp. Unit buyer in Q1 2020 was Radcliffe Capital Management, an estimated $802K added.
- The largest New Providence Acquisition Corp. Unit seller in Q1 2020 was Millennium Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2020.