Northern Revival Acquisition Corporation Class A Ordinary Share
NRAC
NRAC was delisted on the 14th of February, 2024.
19 hedge funds and large institutions have $23.8M invested in Northern Revival Acquisition Corporation Class A Ordinary Share in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
8% less capital invested
Capital invested by funds: $26M → $23.8M (-$2.13M)
14% less funds holding
Funds holding: 22 → 19 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$562K |
| 2 |
CCM
CAAS Capital Management
New York
|
+$408K |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$397K |
| 4 |
CAC
Cowen and Company
New York
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$1.21M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.03M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$563K |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$519K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$310K |
NRAC Hedge Fund Activity: Q2 2023 in Review
19 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Northern Revival Acquisition Corporation Class A Ordinary Share (NRAC) for Q2 2023, worth a combined $23.8M — down 8.2% from $26M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NRAC and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $562K. The largest seller was Westchester Capital Management (New York), cutting an estimated $1.21M.
- 19 institutional investors held Northern Revival Acquisition Corporation Class A Ordinary Share (NRAC) as of Q2 2023, down from 22 in Q1 2023.
- Funds reported $23.8M of Northern Revival Acquisition Corporation Class A Ordinary Share stock for Q2 2023, down 8.2% quarter-over-quarter.
- 2 funds opened new Northern Revival Acquisition Corporation Class A Ordinary Share positions in Q2 2023 and 5 closed out, a net change of -3 holders.
- The largest Northern Revival Acquisition Corporation Class A Ordinary Share buyer in Q2 2023 was HRT Financial, an estimated $562K added.
- The largest Northern Revival Acquisition Corporation Class A Ordinary Share seller in Q2 2023 was Westchester Capital Management (New York), an estimated $1.21M sold.
Based on aggregated 13F filings for Q2 2023.