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NRAC

Northern Revival Acquisition Corporation Class A Ordinary Share

Delisted

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.

New
Increased
Maintained
Reduced
Closed

69% less funds holding

Funds holding: 7222 (-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

Holders
22
Holders Change
-50
Holders Change %
-69.44%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
1
Reduced
8
Closed
57
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CH
51
CVI Holdings
Delaware
-$1.52M -150,085 Closed
AA
52
AQR Arbitrage
Connecticut
-$1.51M -150,000 Closed
MI
53
MMCAP International
Cayman Islands
-$1.51M -150,000 Closed
SCM
54
Segantii Capital Management
Hong Kong
-$1.51M -150,000 Closed
PMAM
55
Picton Mahoney Asset Management
Ontario, Canada
-$1.51M -149,997 Closed
RCM
56
Rivernorth Capital Management
Florida
-$1.46M -145,017 Closed
WP
57
Woodline Partners
California
-$1.38M -136,698 Closed
Janus Henderson Group
58
Janus Henderson Group
United Kingdom
-$1.31M -130,159 Closed
Bank of Montreal
59
Bank of Montreal
Ontario, Canada
-$1.31M -130,136 Closed
WA
60
Whitebox Advisors
Minnesota
-$957K -94,752 Closed
KKRC
61
Kohlberg Kravis Roberts & Co
New York
-$875K -86,660 Closed
BFM
62
Boothbay Fund Management
New York
-$871K -86,257 Closed
ASM
63
ATW SPAC Management
New York
-$704K -69,737 Closed
Susquehanna International Group
64
Susquehanna International Group
Pennsylvania
-$654K -64,755 Closed
CF
65
Cantor Fitzgerald
New York
-$586K -58,030 Closed
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
-$523K -51,786 Closed
Capstone Investment Advisors
67
Capstone Investment Advisors
New York
-$505K -50,000 Closed
LCM
68
Landscape Capital Management
New Jersey
-$485K -48,063 Closed
RL
69
RPO LLC
Connecticut
-$375K -37,110 Closed
LA
70
Linden Advisors
New York
-$298K -29,548 Closed
WAM
71
Warberg Asset Management
Illinois
-$215K -21,324 Closed
CM
72
Cohanzick Management
New York
-$188K -18,633 Closed
DIG
73
DeepCurrents Investment Group
New York
-$179K -17,731 Closed
E
74
Ergoteles
New York
-$150K -14,805 Closed
SAM
75
Silverback Asset Management
North Carolina
-$101K -10,000 Closed

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.