New Providence Acquisition Corp. Unit
NPAUU
NPAUU was delisted on the 6th of April, 2021.
6 hedge funds and large institutions have $5.43M invested in New Providence Acquisition Corp. Unit in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 14 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
67% less funds holding
Funds holding: 18 → 6 (-12)
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
86% less capital invested
Capital invested by funds: $38.1M → $5.43M (-$32.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.19M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$920K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$23.4K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$10.6M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$5.27M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$4.66M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$4M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.96M |
NPAUU Hedge Fund Activity: Q4 2020 in Review
6 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in New Providence Acquisition Corp. Unit (NPAUU) for Q4 2020, worth a combined $5.43M — down 86% from $38.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NPAUU and 2 opened new positions — a net loss of 12 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was OTA Financial Group, opening a new position worth an estimated $1.19M. The largest seller was Magnetar Financial, exiting entirely with an estimated $10.6M sold.
- 6 institutional investors held New Providence Acquisition Corp. Unit (NPAUU) as of Q4 2020, down from 18 in Q3 2020.
- Funds reported $5.43M of New Providence Acquisition Corp. Unit stock for Q4 2020, down 86% quarter-over-quarter.
- 2 funds opened new New Providence Acquisition Corp. Unit positions in Q4 2020 and 14 closed out, a net change of -12 holders.
- The largest New Providence Acquisition Corp. Unit buyer in Q4 2020 was OTA Financial Group, an estimated $1.19M added.
- The largest New Providence Acquisition Corp. Unit seller in Q4 2020 was Magnetar Financial, an estimated $10.6M sold.
Based on aggregated 13F filings for Q4 2020.