Northern Star Investment Corp. II
NSTB
NSTB was delisted on the 26th of January, 2024.
81 hedge funds and large institutions have $341M invested in Northern Star Investment Corp. II in 2021 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 13 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
137% more call options, than puts
Call options by funds: $3.01M | Put options by funds: $1.27M
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
14% more funds holding
Funds holding: 71 → 81 (+10)
7% less capital invested
Capital invested by funds: $366M → $341M (-$25.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$23.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$18M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$11.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$5.74M |
| 5 |
USPCM
Union Square Park Capital Management
New York
|
+$4.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$39.3M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
-$16.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$14M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$9.88M |
| 5 |
CC
Centiva Capital
New York
|
-$9.46M |
NSTB Hedge Fund Activity: Q4 2021 in Review
81 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. II (NSTB) for Q4 2021, worth a combined $341M — down 7% from $366M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NSTB positions and 13 closed out — a net gain of 11 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $23.9M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $39.3M sold.
- 81 institutional investors held Northern Star Investment Corp. II (NSTB) as of Q4 2021, up from 71 in Q3 2021.
- Funds reported $341M of Northern Star Investment Corp. II stock for Q4 2021, down 7% quarter-over-quarter.
- 24 funds opened new Northern Star Investment Corp. II positions in Q4 2021 and 13 closed out, a net change of +11 holders.
- The largest Northern Star Investment Corp. II buyer in Q4 2021 was Saba Capital Management, an estimated $23.9M added.
- The largest Northern Star Investment Corp. II seller in Q4 2021 was Soroban Capital Partners, an estimated $39.3M sold.
Based on aggregated 13F filings for Q4 2021.