Global Star Acquisition, Inc. Class A Common Stock
GLST
GLST was delisted on the 7th of March, 2025.
35 hedge funds and large institutions have $69M invested in Global Star Acquisition, Inc. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
9% more funds holding
Funds holding: 32 → 35 (+3)
3% less capital invested
Capital invested by funds: $71.4M → $69M (-$2.46M)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Terrapin Asset Management
Miami,
Florida
|
+$1.36M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$877K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$724K |
| 4 |
AMC
Atlas Merchant Capital
New York
|
+$520K |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$6.15M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.59M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$343K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$259K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
26
Schonfeld Strategic Advisors
New York
| $433K | -$343K | -33,000 | -44% |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $366K | – | – | – |
|
|
WRBC
28
W.R. Berkley Corp
Greenwich,
Connecticut
| $341K | +$339K | +32,613 | New |
|
|
WC
29
Wealthspring Capital
West Harrison,
New York
| $206K | – | – | – |
|
|
CAC
30
Cowen and Company
New York
| $200K | +$198K | +19,057 | New |
|
|
WAM
31
Warberg Asset Management
Winnetka,
Illinois
| $183K | – | – | – |
|
|
DWM
32
Dakota Wealth Management
Palm Beach Gardens,
Florida
| $136K | -$8.32K | -800 | -6% |
|
|
CS
33
Clear Street
New York
| $96.5K | +$95.2K | +9,149 | +13,862% |
|
34
UBS Group
Zurich,
Switzerland
| $41.8K | +$41.5K | +3,992 | New |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $147 | +$125 | +12 | +600% |
|
|
SCM
36
Shaolin Capital Management
Miami,
Florida
| – | -$6.15M | -591,397 | Closed |
|
|
CCM
37
Condor Capital Management
Martinsville,
New Jersey
| – | -$124K | -12,000 | Closed |
|
GLST Hedge Fund Activity: Q2 2023 in Review
35 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Global Star Acquisition, Inc. Class A Common Stock (GLST) for Q2 2023, worth a combined $69M — down 3.4% from $71.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GLST positions and 2 closed out — a net gain of 3 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Terrapin Asset Management, opening a new position worth an estimated $1.36M. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $6.15M sold.
- 35 institutional investors held Global Star Acquisition, Inc. Class A Common Stock (GLST) as of Q2 2023, up from 32 in Q1 2023.
- Funds reported $69M of Global Star Acquisition, Inc. Class A Common Stock stock for Q2 2023, down 3.4% quarter-over-quarter.
- 5 funds opened new Global Star Acquisition, Inc. Class A Common Stock positions in Q2 2023 and 2 closed out, a net change of +3 holders.
- The largest Global Star Acquisition, Inc. Class A Common Stock buyer in Q2 2023 was Terrapin Asset Management, an estimated $1.36M added.
- The largest Global Star Acquisition, Inc. Class A Common Stock seller in Q2 2023 was Shaolin Capital Management, an estimated $6.15M sold.
Based on aggregated 13F filings for Q2 2023.