Northern Star Investment Corp. II
NSTB
NSTB was delisted on the 26th of January, 2024.
71 hedge funds and large institutions have $366M invested in Northern Star Investment Corp. II in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 13 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
47% more call options, than puts
Call options by funds: $3.4M | Put options by funds: $2.31M
23% more capital invested
Capital invested by funds: $298M → $366M (+$68M)
1% more funds holding
Funds holding: 70 → 71 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$18.5M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
+$16.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$8.3M |
| 4 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
+$7.24M |
| 5 |
AWG
Alpha Wave Global
New York
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$16.2M |
| 2 |
SC
Shay Capital
New York
|
-$13.7M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.9M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.63M |
| 5 |
JG
Jefferies Group
New York
|
-$5.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
76
Monashee Investment Management
Boston,
Massachusetts
| – | -$1.99M | -200,000 | Closed |
|
77
Capstone Investment Advisors
New York
| – | -$1.98M | -198,771 | Closed |
|
|
SIG
78
Senator Investment Group
New York
| – | -$996K | -100,000 | Closed |
|
|
TAL
79
TIG Advisors LLC
New York
| – | -$814K | -81,754 | Closed |
|
80
Goldman Sachs
New York
| – | -$681K | -68,324 | Closed |
|
|
AC
81
Athanor Capital
New York
| – | -$297K | -29,835 | Closed |
|
|
NA
82
NewEdge Advisors
New Orleans,
Louisiana
| – | -$160K | -16,091 | Closed |
|
83
Wolverine Trading
Chicago,
Illinois
| – | -$107K | -10,767 | Closed |
|
84
UBS Group
Zurich,
Switzerland
| – | -$23K | -2,314 | Closed |
|
NSTB Hedge Fund Activity: Q3 2021 in Review
71 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. II (NSTB) for Q3 2021, worth a combined $366M — up 23% from $298M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NSTB positions and 13 closed out — a net gain of 1 holder — while 22 added to existing stakes and 12 trimmed.
The largest buyer was Highbridge Capital Management, adding an estimated $18.5M. The largest seller was Northern Right Capital Management, exiting entirely with an estimated $16.2M sold.
- 71 institutional investors held Northern Star Investment Corp. II (NSTB) as of Q3 2021, up from 70 in Q2 2021.
- Funds reported $366M of Northern Star Investment Corp. II stock for Q3 2021, up 23% quarter-over-quarter.
- 14 funds opened new Northern Star Investment Corp. II positions in Q3 2021 and 13 closed out, a net change of +1 holder.
- The largest Northern Star Investment Corp. II buyer in Q3 2021 was Highbridge Capital Management, an estimated $18.5M added.
- The largest Northern Star Investment Corp. II seller in Q3 2021 was Northern Right Capital Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2021.