New Providence Acquisition Corp. Unit
NPAUU
NPAUU was delisted on the 6th of April, 2021.
21 hedge funds and large institutions have $51.2M invested in New Providence Acquisition Corp. Unit in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
13% less funds holding
Funds holding: 24 → 21 (-3)
22% less capital invested
Capital invested by funds: $65.5M → $51.2M (-$14.3M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
+$1.03M |
| 2 |
FIA
FNY Investment Advisers
New York
|
+$514K |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$94.6K |
| 4 |
Walleye Trading
New York
|
+$555 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Omni Partners
London,
United Kingdom
|
-$7.93M |
| 2 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$3.08M |
| 3 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$3.03M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.04M |
| 5 |
CAC
Cowen and Company
New York
|
-$1.03M |
NPAUU Hedge Fund Activity: Q2 2020 in Review
21 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in New Providence Acquisition Corp. Unit (NPAUU) for Q2 2020, worth a combined $51.2M — down 22% from $65.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NPAUU and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Cowen Investment Management, opening a new position worth an estimated $1.03M. The largest seller was Omni Partners, exiting entirely with an estimated $7.93M sold.
- 21 institutional investors held New Providence Acquisition Corp. Unit (NPAUU) as of Q2 2020, down from 24 in Q1 2020.
- Funds reported $51.2M of New Providence Acquisition Corp. Unit stock for Q2 2020, down 22% quarter-over-quarter.
- 2 funds opened new New Providence Acquisition Corp. Unit positions in Q2 2020 and 5 closed out, a net change of -3 holders.
- The largest New Providence Acquisition Corp. Unit buyer in Q2 2020 was Cowen Investment Management, an estimated $1.03M added.
- The largest New Providence Acquisition Corp. Unit seller in Q2 2020 was Omni Partners, an estimated $7.93M sold.
Based on aggregated 13F filings for Q2 2020.