Northern Revival Acquisition Corporation Class A Ordinary Share
NRAC
NRAC was delisted on the 14th of February, 2024.
22 hedge funds and large institutions have $37.6M invested in Northern Revival Acquisition Corporation Class A Ordinary Share in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 57 closing their positions.
69% less funds holding
Funds holding: 72 → 22 (-50)
84% less capital invested
Capital invested by funds: $230M → $37.6M (-$192M)
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
88% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 57
Top Buyers
Top Sellers
| 1 |
GCL
Glazer Capital LLC
New York
|
-$21.3M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$15.4M |
| 3 |
SCM
Saba Capital Management
New York
|
-$12.5M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$11.6M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10.8M |
NRAC Hedge Fund Activity: Q1 2023 in Review
22 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Northern Revival Acquisition Corporation Class A Ordinary Share (NRAC) for Q1 2023, worth a combined $37.6M — down 84% from $230M a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of NRAC and 7 opened new positions — a net loss of 50 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Owl Creek Asset Management, adding an estimated $4.07M. The largest seller was Glazer Capital LLC, cutting an estimated $21.3M.
- 22 institutional investors held Northern Revival Acquisition Corporation Class A Ordinary Share (NRAC) as of Q1 2023, down from 72 in Q4 2022.
- Funds reported $37.6M of Northern Revival Acquisition Corporation Class A Ordinary Share stock for Q1 2023, down 84% quarter-over-quarter.
- 7 funds opened new Northern Revival Acquisition Corporation Class A Ordinary Share positions in Q1 2023 and 57 closed out, a net change of -50 holders.
- The largest Northern Revival Acquisition Corporation Class A Ordinary Share buyer in Q1 2023 was Owl Creek Asset Management, an estimated $4.07M added.
- The largest Northern Revival Acquisition Corporation Class A Ordinary Share seller in Q1 2023 was Glazer Capital LLC, an estimated $21.3M sold.
Based on aggregated 13F filings for Q1 2023.