Northern Revival Acquisition Corporation Class A Ordinary Share
NRAC
NRAC was delisted on the 14th of February, 2024.
2 hedge funds and large institutions have $2.54M invested in Northern Revival Acquisition Corporation Class A Ordinary Share in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 15 closing their positions.
87% less capital invested
Capital invested by funds: $19.5M → $2.54M (-$16.9M)
88% less funds holding
Funds holding: 16 → 2 (-14)
93% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.19M |
| 2 |
CS
Clear Street
New York
|
+$49.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$5.15M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$3.82M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$3.17M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.72M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.09M |
NRAC Hedge Fund Activity: Q1 2024 in Review
2 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Northern Revival Acquisition Corporation Class A Ordinary Share (NRAC) for Q1 2024, worth a combined $2.54M — down 87% from $19.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NRAC and 1 opened new positions — a net loss of 14 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $2.19M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $5.15M sold.
- 2 institutional investors held Northern Revival Acquisition Corporation Class A Ordinary Share (NRAC) as of Q1 2024, down from 16 in Q4 2023.
- Funds reported $2.54M of Northern Revival Acquisition Corporation Class A Ordinary Share stock for Q1 2024, down 87% quarter-over-quarter.
- 1 fund opened new Northern Revival Acquisition Corporation Class A Ordinary Share positions in Q1 2024 and 15 closed out, a net change of -14 holders.
- The largest Northern Revival Acquisition Corporation Class A Ordinary Share buyer in Q1 2024 was Westchester Capital Management (New York), an estimated $2.19M added.
- The largest Northern Revival Acquisition Corporation Class A Ordinary Share seller in Q1 2024 was Mizuho Securities USA, an estimated $5.15M sold.
Based on aggregated 13F filings for Q1 2024.