Newbury Street Acquisition Corporation Common Stock
NBST
NBST was delisted on the 9th of September, 2024.
21 hedge funds and large institutions have $45.6M invested in Newbury Street Acquisition Corporation Common Stock in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 26 closing their positions.
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
52% less capital invested
Capital invested by funds: $95.9M → $45.6M (-$50.2M)
53% less funds holding
Funds holding: 45 → 21 (-24)
92% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 26
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$2.06M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1.99M |
| 3 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$1.03M |
| 4 |
CS
Clear Street
New York
|
+$26.3K |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$18.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$7.97M |
| 2 |
Jane Street
New York
|
-$5.86M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$5.25M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$4.9M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$4.03M |
NBST Hedge Fund Activity: Q2 2023 in Review
21 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Newbury Street Acquisition Corporation Common Stock (NBST) for Q2 2023, worth a combined $45.6M — down 52% from $95.9M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of NBST and 2 opened new positions — a net loss of 24 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Fir Tree Capital Management, adding an estimated $2.06M. The largest seller was Periscope Capital, cutting an estimated $7.97M.
- 21 institutional investors held Newbury Street Acquisition Corporation Common Stock (NBST) as of Q2 2023, down from 45 in Q1 2023.
- Funds reported $45.6M of Newbury Street Acquisition Corporation Common Stock stock for Q2 2023, down 52% quarter-over-quarter.
- 2 funds opened new Newbury Street Acquisition Corporation Common Stock positions in Q2 2023 and 26 closed out, a net change of -24 holders.
- The largest Newbury Street Acquisition Corporation Common Stock buyer in Q2 2023 was Fir Tree Capital Management, an estimated $2.06M added.
- The largest Newbury Street Acquisition Corporation Common Stock seller in Q2 2023 was Periscope Capital, an estimated $7.97M sold.
Based on aggregated 13F filings for Q2 2023.