# NATURAL ORDER ACQUISITION CO (NOAC)

> Institutional ownership reported to the SEC as of Q3 2022, from Form 13F filings. Source: https://holderbook.com/stocks/NOAC/

- Reporting holders: 60
- Reported value: $173.4M
- Held through calls: 0.0%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [MIZUHO MARKETS AMERICAS LLC](https://holderbook.com/funds/1825516-mizuho-markets-americas-llc/) | $11.6M | 1,166,366 | 0.5% | 1 |
| [Periscope Capital Inc.](https://holderbook.com/funds/1695320-periscope-capital-inc/) | $11.3M | 1,136,846 | 0.3% | 7 |
| [BERKLEY W R CORP](https://holderbook.com/funds/11544-berkley-w-r-corp/) | $10.9M | 1,088,454 | 0.5% | 7 |
| [HBK INVESTMENTS L P](https://holderbook.com/funds/1011443-hbk-investments-l-p/) | $8.0M | 801,605 | 0.1% | 7 |
| [Arena Capital Advisors, LLC- CA](https://holderbook.com/funds/1833078-arena-capital-advisors-llc-ca/) | $8.0M | 797,877 | 2.4% | 7 |
| [RPO LLC](https://holderbook.com/funds/1885066-rpo-llc/) | $7.7M | 775,086 | 1.9% | 1 |
| [MILLENNIUM MANAGEMENT LLC](https://holderbook.com/funds/1273087-millennium-management-llc/) | $7.4M | 742,488 | 0.0% | 7 |
| [MMCAP International Inc. SPC](https://holderbook.com/funds/1304857-mmcap-international-inc-spc/) | $6.5M | 650,000 | 0.5% | 7 |
| [BlackRock Inc.](https://holderbook.com/funds/1364742-blackrock-inc/) | $6.3M | 633,270 | 0.0% | 7 |
| [Verition Fund Management LLC](https://holderbook.com/funds/1454027-verition-fund-management-llc/) | $6.3M | 630,952 | 0.0% | 4 |
| [Weiss Asset Management LP](https://holderbook.com/funds/1357550-weiss-asset-management-lp/) | $5.5M | 555,444 | 0.1% | 1 |
| [MIZUHO SECURITIES USA LLC](https://holderbook.com/funds/1513006-mizuho-securities-usa-llc/) | $5.1M | 514,717 | 0.7% | 1 |
| [Magnetar Financial LLC](https://holderbook.com/funds/1352851-magnetar-financial-llc/) | $5.0M | 504,458 | 0.1% | 6 |
| [Taconic Capital Advisors LP](https://holderbook.com/funds/1390113-taconic-capital-advisors-lp/) | $5.0M | 500,100 | 0.1% | 7 |
| [MOORE CAPITAL MANAGEMENT, LP](https://holderbook.com/funds/1448574-moore-capital-management-lp/) | $5.0M | 500,000 | 0.1% | 7 |
| [UBS OCONNOR LLC](https://holderbook.com/funds/1132716-ubs-oconnor-llc/) | $4.7M | 473,107 | 0.1% | 2 |
| [RIVERNORTH CAPITAL MANAGEMENT, LLC](https://holderbook.com/funds/1447578-rivernorth-capital-management-llc/) | $4.6M | 461,600 | 0.2% | 7 |
| [Shaolin Capital Management LLC](https://holderbook.com/funds/1766806-shaolin-capital-management-llc/) | $4.0M | 400,000 | 0.1% | 7 |
| [AQR Arbitrage LLC](https://holderbook.com/funds/1167456-aqr-arbitrage-llc/) | $4.0M | 395,790 | 0.1% | 5 |
| [First Trust Capital Management L.P.](https://holderbook.com/funds/1604488-first-trust-capital-management-l-p/) | $3.7M | 370,485 | 0.2% | 2 |
| [BOOTHBAY FUND MANAGEMENT, LLC](https://holderbook.com/funds/1549230-boothbay-fund-management-llc/) | $3.3M | 328,899 | 0.1% | 5 |
| [Sandia Investment Management LP](https://holderbook.com/funds/1880562-sandia-investment-management-lp/) | $3.0M | 302,462 | 0.5% | 4 |
| [JANUS HENDERSON GROUP PLC](https://holderbook.com/funds/1274173-janus-henderson-group-plc/) | $3.0M | 300,000 | 0.0% | 3 |
| [JANE STREET GROUP, LLC](https://holderbook.com/funds/1595888-jane-street-group-llc/) | $2.9M | 289,522 | 0.0% | 7 |
| [Saba Capital Management, L.P.](https://holderbook.com/funds/1510281-saba-capital-management-l-p/) | $2.7M | 273,808 | 0.0% | 3 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q3 2022 | 60 | $173.4M |
| Q2 2022 | 62 | $161.9M |
| Q1 2022 | 51 | $143.7M |
| Q4 2021 | 48 | $145.7M |
| Q3 2021 | 44 | $142.2M |
| Q2 2021 | 37 | $137.4M |
| Q1 2021 | 26 | $110.5M |