Global Star Acquisition, Inc. Class A Common Stock
GLST
GLST was delisted on the 7th of March, 2025.
28 hedge funds and large institutions have $47.9M invested in Global Star Acquisition, Inc. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 13 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
20% less funds holding
Funds holding: 35 → 28 (-7)
31% less capital invested
Capital invested by funds: $69M → $47.9M (-$21M)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$4M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.95M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.86M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.8M |
| 5 |
Walleye Capital
New York
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.85M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.96M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.43M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.15M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.66M |
GLST Hedge Fund Activity: Q3 2023 in Review
28 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Global Star Acquisition, Inc. Class A Common Stock (GLST) for Q3 2023, worth a combined $47.9M — down 31% from $69M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GLST and 6 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Mizuho Securities USA, opening a new position worth an estimated $4M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $7.85M sold.
- 28 institutional investors held Global Star Acquisition, Inc. Class A Common Stock (GLST) as of Q3 2023, down from 35 in Q2 2023.
- Funds reported $47.9M of Global Star Acquisition, Inc. Class A Common Stock stock for Q3 2023, down 31% quarter-over-quarter.
- 6 funds opened new Global Star Acquisition, Inc. Class A Common Stock positions in Q3 2023 and 13 closed out, a net change of -7 holders.
- The largest Global Star Acquisition, Inc. Class A Common Stock buyer in Q3 2023 was Mizuho Securities USA, an estimated $4M added.
- The largest Global Star Acquisition, Inc. Class A Common Stock seller in Q3 2023 was Polar Asset Management Partners, an estimated $7.85M sold.
Based on aggregated 13F filings for Q3 2023.