New Providence Acquisition Corp. Unit
NPAUU
NPAUU was delisted on the 6th of April, 2021.
35 hedge funds and large institutions have $111M invested in New Providence Acquisition Corp. Unit in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 14 closing their positions.
26% less funds holding
Funds holding: 47 → 35 (-12)
42% less capital invested
Capital invested by funds: $190M → $111M (-$79.3M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.55M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$834K |
| 3 |
JG
Jefferies Group
New York
|
+$507K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$371K |
| 5 |
Walleye Trading
New York
|
+$22.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$22.9M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$10.1M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$9.08M |
| 4 |
KC
Kepos Capital
New York
|
-$5.86M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.55M |
NPAUU Hedge Fund Activity: Q4 2019 in Review
35 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in New Providence Acquisition Corp. Unit (NPAUU) for Q4 2019, worth a combined $111M — down 42% from $190M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NPAUU and 2 opened new positions — a net loss of 12 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was Periscope Capital, adding an estimated $3.55M. The largest seller was UBS O'Connor, exiting entirely with an estimated $22.9M sold.
- 35 institutional investors held New Providence Acquisition Corp. Unit (NPAUU) as of Q4 2019, down from 47 in Q3 2019.
- Funds reported $111M of New Providence Acquisition Corp. Unit stock for Q4 2019, down 42% quarter-over-quarter.
- 2 funds opened new New Providence Acquisition Corp. Unit positions in Q4 2019 and 14 closed out, a net change of -12 holders.
- The largest New Providence Acquisition Corp. Unit buyer in Q4 2019 was Periscope Capital, an estimated $3.55M added.
- The largest New Providence Acquisition Corp. Unit seller in Q4 2019 was UBS O'Connor, an estimated $22.9M sold.
Based on aggregated 13F filings for Q4 2019.