Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi
NXU.U
NXU.U was delisted on the 11th of February, 2022.
47 hedge funds and large institutions have $58.6M invested in Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 18 reducing their positions, and 44 closing their positions.
47% less funds holding
Funds holding: 88 → 47 (-41)
72% less capital invested
Capital invested by funds: $206M → $58.6M (-$147M)
89% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 18
91% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
+$488K |
| 2 |
D.E. Shaw & Co
New York
|
+$208K |
| 3 |
IP
Intellectus Partners
San Francisco,
California
|
+$207K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$182K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$7.84M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$7.3M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$7M |
NXU.U Hedge Fund Activity: Q2 2021 in Review
47 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi (NXU.U) for Q2 2021, worth a combined $58.6M — down 72% from $206M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of NXU.U and 4 opened new positions — a net loss of 40 holders — while 18 trimmed existing stakes and 2 added.
The largest buyer was Cheyne Capital Management (UK), opening a new position worth an estimated $488K. The largest seller was Adage Capital Partners, exiting entirely with an estimated $15M sold.
- 47 institutional investors held Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi (NXU.U) as of Q2 2021, down from 88 in Q1 2021.
- Funds reported $58.6M of Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi stock for Q2 2021, down 72% quarter-over-quarter.
- 4 funds opened new Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi positions in Q2 2021 and 44 closed out, a net change of -40 holders.
- The largest Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi buyer in Q2 2021 was Cheyne Capital Management (UK), an estimated $488K added.
- The largest Novus Capital Corporation II Units, each consisting of one share of Class A common stock and one thi seller in Q2 2021 was Adage Capital Partners, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2021.