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NPAUU

New Providence Acquisition Corp. Unit

Delisted

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.

New
Increased
Maintained
Reduced
Closed

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

31% less funds holding

Funds holding: 3524 (-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

Holders
24
Holders Change
-11
Holders Change %
-31.43%
% of All Funds
0.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
5
Reduced
6
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MF
1
Magnetar Financial
Illinois
$10.1M
OP
2
Omni Partners
United Kingdom
$7.93M +$228K +22,050 +3%
LIM
3
Longfellow Investment Management
Massachusetts
$6.23M +$513K +49,700 +9%
SCM
4
Shaolin Capital Management
Florida
$5.68M -$483K -46,800 -8%
DKCM
5
Davidson Kempner Capital Management
New York
$4.85M
PC
6
Periscope Capital
Ontario, Canada
$3.95M -$2.75M -266,400 -41%
GCIA
7
Gabelli & Co Investment Advisers
New York
$3.4M
MAM
8
Myriad Asset Management
Hong Kong
$3.08M
MTCM
9
Mint Tower Capital Management
Netherlands
$3.03M -$52.6K -5,100 -2%
GF
10
Gabelli Funds
New York
$2.96M
BCM
11
Basso Capital Management
Connecticut
$1.76M -$2.05M -199,000 -54%
OAC
12
OMERS Administration Corp
Ontario, Canada
$1.51M
Walleye Capital
13
Walleye Capital
New York
$1.51M -$20.6K -2,000 -1%
RCM
14
Rivernorth Capital Management
Florida
$1.39M
Millennium Management
15
Millennium Management
New York
$1.28M -$12.4M -1,200,000 -91%
BFM
16
Boothbay Fund Management
New York
$1.23M +$516K +50,000 +71%
Walleye Trading
17
Walleye Trading
New York
$1.15M +$17.5K +1,700 +2%
CAC
18
Cowen and Company
New York
$1.03M +$558K +54,108 +118%
CCA
19
Castle Creek Arbitrage
Colorado
$1.01M
YCM
20
Yakira Capital Management
Connecticut
$926K
RCM
21
Radcliffe Capital Management
Pennsylvania
$798K +$802K +77,710 New
WAM
22
Wolverine Asset Management
Illinois
$700K
UBS Group
23
UBS Group
Switzerland
$23K
TRCT
24
Tower Research Capital (TRC)
New York
$6K
LA
25
Linden Advisors
New York
-$7.71M -750,000 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.