Northern Star Investment Corp. II
NSTB
NSTB was delisted on the 26th of January, 2024.
19 hedge funds and large institutions have $16.8M invested in Northern Star Investment Corp. II in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 56 closing their positions.
73% less funds holding
Funds holding: 70 → 19 (-51)
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
89% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 56
94% less capital invested
Capital invested by funds: $272M → $16.8M (-$255M)
100% less funds holding in top 10
Funds holding in top 10: 6 → 0 (-6)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $109K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$1.35M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$502K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$489K |
| 4 |
CM
Crestline Management
Fort Worth,
Texas
|
+$436K |
| 5 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$20.1M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$18.3M |
| 3 |
AMC
Atlas Merchant Capital
New York
|
-$16M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$16M |
| 5 |
SC
Sculptor Capital
New York
|
-$13.1M |
NSTB Hedge Fund Activity: Q1 2023 in Review
19 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. II (NSTB) for Q1 2023, worth a combined $16.8M — down 94% from $272M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of NSTB and 6 opened new positions — a net loss of 50 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Ohio Public Employees Retirement System (OPERS), opening a new position worth an estimated $1.35M. The largest seller was Citadel Advisors, exiting entirely with an estimated $20.1M sold.
- 19 institutional investors held Northern Star Investment Corp. II (NSTB) as of Q1 2023, down from 70 in Q4 2022.
- Funds reported $16.8M of Northern Star Investment Corp. II stock for Q1 2023, down 94% quarter-over-quarter.
- 6 funds opened new Northern Star Investment Corp. II positions in Q1 2023 and 56 closed out, a net change of -50 holders.
- The largest Northern Star Investment Corp. II buyer in Q1 2023 was Ohio Public Employees Retirement System (OPERS), an estimated $1.35M added.
- The largest Northern Star Investment Corp. II seller in Q1 2023 was Citadel Advisors, an estimated $20.1M sold.
Based on aggregated 13F filings for Q1 2023.