Global Star Acquisition, Inc. Class A Common Stock
GLST
GLST was delisted on the 7th of March, 2025.
10 hedge funds and large institutions have $11.7M invested in Global Star Acquisition, Inc. Class A Common Stock in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 6 reducing their positions, and 19 closing their positions.
63% less funds holding
Funds holding: 27 → 10 (-17)
77% less capital invested
Capital invested by funds: $51.5M → $11.7M (-$39.8M)
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$2.61M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$53.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.05M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.42M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.38M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$3.15M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.07M |
GLST Hedge Fund Activity: Q2 2024 in Review
10 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Global Star Acquisition, Inc. Class A Common Stock (GLST) for Q2 2024, worth a combined $11.7M — down 77% from $51.5M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GLST and 2 opened new positions — a net loss of 17 holders — while 6 trimmed existing stakes and 0 added.
The largest buyer was SkyView Investment Advisors, opening a new position worth an estimated $2.61M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $5.05M sold.
- 10 institutional investors held Global Star Acquisition, Inc. Class A Common Stock (GLST) as of Q2 2024, down from 27 in Q1 2024.
- Funds reported $11.7M of Global Star Acquisition, Inc. Class A Common Stock stock for Q2 2024, down 77% quarter-over-quarter.
- 2 funds opened new Global Star Acquisition, Inc. Class A Common Stock positions in Q2 2024 and 19 closed out, a net change of -17 holders.
- The largest Global Star Acquisition, Inc. Class A Common Stock buyer in Q2 2024 was SkyView Investment Advisors, an estimated $2.61M added.
- The largest Global Star Acquisition, Inc. Class A Common Stock seller in Q2 2024 was Karpus Investment Management, an estimated $5.05M sold.
Based on aggregated 13F filings for Q2 2024.