Northern Revival Acquisition Corporation Unit
NRACU
NRACU was delisted on the 18th of January, 2024.
32 hedge funds and large institutions have $24.4M invested in Northern Revival Acquisition Corporation Unit in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 7 closing their positions.
11% less funds holding
Funds holding: 36 → 32 (-4)
39% less capital invested
Capital invested by funds: $39.7M → $24.4M (-$15.3M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$689K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$37K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$983 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$9.85M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.73M |
| 3 |
JP Morgan Chase
New York
|
-$1.48M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$439K |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$421K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $43K | – | – | – |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $37K | +$37K | +3,765 | New |
|
28
Morgan Stanley
New York
| $33K | -$32.3K | -3,282 | -49% |
|
29
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $10K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $6K | – | – | – |
|
|
AGM
31
Alpine Global Management
New York
| $225 | – | – | – |
|
|
AC
32
Aristeia Capital
Greenwich,
Connecticut
| – | -$9.85M | -1,000,000 | Closed |
|
|
SCM
33
Shaolin Capital Management
Miami,
Florida
| – | -$3.73M | -378,471 | Closed |
|
|
34
JP Morgan Chase
New York
| – | -$1.48M | -150,000 | Closed |
|
|
BPCM
35
Beach Point Capital Management
Santa Monica,
California
| – | -$421K | -42,812 | Closed |
|
|
QGA
36
Q Global Advisors
Fort Worth,
Texas
| – | -$376K | -38,385 | Closed |
|
|
WCA
37
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$286K | -29,010 | Closed |
|
38
Goldman Sachs
New York
| – | -$191K | -19,464 | Closed |
|
|
CS
39
Clear Street
New York
| – | -$18.3K | -1,864 | -99% |
|
NRACU Hedge Fund Activity: Q1 2022 in Review
32 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Northern Revival Acquisition Corporation Unit (NRACU) for Q1 2022, worth a combined $24.4M — down 39% from $39.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NRACU and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $689K. The largest seller was Aristeia Capital, exiting entirely with an estimated $9.85M sold.
- 32 institutional investors held Northern Revival Acquisition Corporation Unit (NRACU) as of Q1 2022, down from 36 in Q4 2021.
- Funds reported $24.4M of Northern Revival Acquisition Corporation Unit stock for Q1 2022, down 39% quarter-over-quarter.
- 3 funds opened new Northern Revival Acquisition Corporation Unit positions in Q1 2022 and 7 closed out, a net change of -4 holders.
- The largest Northern Revival Acquisition Corporation Unit buyer in Q1 2022 was Rivernorth Capital Management, an estimated $689K added.
- The largest Northern Revival Acquisition Corporation Unit seller in Q1 2022 was Aristeia Capital, an estimated $9.85M sold.
Based on aggregated 13F filings for Q1 2022.