Newbury Street Acquisition Corporation Common Stock
NBST
NBST was delisted on the 9th of September, 2024.
45 hedge funds and large institutions have $95.9M invested in Newbury Street Acquisition Corporation Common Stock in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 19 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
15% less capital invested
Capital invested by funds: $112M → $95.9M (-$16.6M)
18% less funds holding
Funds holding: 55 → 45 (-10)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$5.07M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$5.01M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$4.92M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.26M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$11.1M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$5.22M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$4.62M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.35M |
| 5 |
SC
Sculptor Capital
New York
|
-$3.7M |
NBST Hedge Fund Activity: Q1 2023 in Review
45 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Newbury Street Acquisition Corporation Common Stock (NBST) for Q1 2023, worth a combined $95.9M — down 15% from $112M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NBST and 9 opened new positions — a net loss of 10 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $5.07M. The largest seller was Magnetar Financial, exiting entirely with an estimated $11.1M sold.
- 45 institutional investors held Newbury Street Acquisition Corporation Common Stock (NBST) as of Q1 2023, down from 55 in Q4 2022.
- Funds reported $95.9M of Newbury Street Acquisition Corporation Common Stock stock for Q1 2023, down 15% quarter-over-quarter.
- 9 funds opened new Newbury Street Acquisition Corporation Common Stock positions in Q1 2023 and 19 closed out, a net change of -10 holders.
- The largest Newbury Street Acquisition Corporation Common Stock buyer in Q1 2023 was Owl Creek Asset Management, an estimated $5.07M added.
- The largest Newbury Street Acquisition Corporation Common Stock seller in Q1 2023 was Magnetar Financial, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2023.