Global Star Acquisition, Inc. Class A Common Stock
GLST
GLST was delisted on the 7th of March, 2025.
27 hedge funds and large institutions have $51.5M invested in Global Star Acquisition, Inc. Class A Common Stock in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 5 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
4% less capital invested
Capital invested by funds: $53.4M → $51.5M (-$1.95M)
10% less funds holding
Funds holding: 30 → 27 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.34M |
| 2 |
D.E. Shaw & Co
New York
|
+$1.92M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.84M |
| 4 |
QL
Quarry LP
New York
|
+$1.72M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$2.97M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$2.56M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
-$2.49M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$2.38M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.85M |
GLST Hedge Fund Activity: Q1 2024 in Review
27 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global Star Acquisition, Inc. Class A Common Stock (GLST) for Q1 2024, worth a combined $51.5M — down 3.7% from $53.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GLST and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 8 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $2.34M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $2.97M sold.
- 27 institutional investors held Global Star Acquisition, Inc. Class A Common Stock (GLST) as of Q1 2024, down from 30 in Q4 2023.
- Funds reported $51.5M of Global Star Acquisition, Inc. Class A Common Stock stock for Q1 2024, down 3.7% quarter-over-quarter.
- 2 funds opened new Global Star Acquisition, Inc. Class A Common Stock positions in Q1 2024 and 5 closed out, a net change of -3 holders.
- The largest Global Star Acquisition, Inc. Class A Common Stock buyer in Q1 2024 was W.R. Berkley Corp, an estimated $2.34M added.
- The largest Global Star Acquisition, Inc. Class A Common Stock seller in Q1 2024 was Oaktree Capital Management, an estimated $2.97M sold.
Based on aggregated 13F filings for Q1 2024.