Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class
NXU.WS
NXU.WS was delisted on the 11th of February, 2022.
46 hedge funds and large institutions have $7.49M invested in Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $6.26M → $7.49M (+$1.22M)
12% more funds holding
Funds holding: 41 → 46 (+5)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
+$279K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$269K |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$130K |
| 4 |
CAC
Cowen and Company
New York
|
+$129K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$214K |
| 2 |
AC
Antara Capital
New York
|
-$118K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$79K |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$79K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$49K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
51
Periscope Capital
Toronto,
Ontario, Canada
| – | -$79K | -66,600 | Closed |
|
|
52
Verition Fund Management
Greenwich,
Connecticut
| – | -$49K | -41,666 | Closed |
|
|
FTCM
53
Fir Tree Capital Management
New York
| – | -$29K | -24,997 | Closed |
|
NXU.WS Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class (NXU.WS) for Q3 2021, worth a combined $7.49M — up 20% from $6.26M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NXU.WS positions and 6 closed out — a net gain of 5 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Kepos Capital, opening a new position worth an estimated $279K. The largest seller was Adage Capital Partners, cutting an estimated $214K.
- 46 institutional investors held Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class (NXU.WS) as of Q3 2021, up from 41 in Q2 2021.
- Funds reported $7.49M of Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class stock for Q3 2021, up 20% quarter-over-quarter.
- 11 funds opened new Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class positions in Q3 2021 and 6 closed out, a net change of +5 holders.
- The largest Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class buyer in Q3 2021 was Kepos Capital, an estimated $279K added.
- The largest Novus Capital Corporation II Redeemable warrants, each whole warrant exercisable for shares of Class seller in Q3 2021 was Adage Capital Partners, an estimated $214K sold.
Based on aggregated 13F filings for Q3 2021.