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NSTC

Northern Star Investment Corp. III

Delisted

NSTC was delisted on the 6th of September, 2023.

16 hedge funds and large institutions have $42.3M invested in Northern Star Investment Corp. III in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 9

80% less funds holding

Funds holding: 7916 (-63)

89% less capital invested

Capital invested by funds: $396M → $42.3M (-$354M)

95% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 66

100% less funds holding in top 10

Funds holding in top 10: 40 (-4)

Holders
16
Holders Change
-63
Holders Change %
-79.75%
% of All Funds
0.25%
Holding in Top 10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
3
Reduced
9
Closed
66
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QL
26
Quarry LP
New York
-$8.74M -870,000 Closed
CSS
27
Cubist Systematic Strategies
Connecticut
-$8.6M -855,660 Closed
Balyasny Asset Management
28
Balyasny Asset Management
Illinois
-$8.22M -817,764 Closed
D.E. Shaw & Co
29
D.E. Shaw & Co
New York
-$8.1M -806,367 Closed
CAC
30
Cowen and Company
New York
-$7.39M -735,000 Closed
CL
31
CSS LLC
Illinois
-$6.97M -693,158 Closed
FPA
32
First Pacific Advisors
California
-$6.68M -664,459 Closed
DFCM
33
Dark Forest Capital Management
Puerto Rico
-$6.27M -623,530 Closed
CIM
34
Cowen Investment Management
New York
-$4.52M -449,900 Closed
ETH
35
Exos TFP Holdings
New York
-$4.47M -444,644 Closed
TCA
36
Taconic Capital Advisors
New York
-$3.94M -392,000 Closed
SRCM
37
Sage Rock Capital Management
New York
-$3.84M -382,506 Closed
GCM
38
Ghisallo Capital Management
Massachusetts
-$3.77M -375,000 Closed
AA
39
AQR Arbitrage
Connecticut
-$3.73M -371,317 Closed
Citadel Advisors
40
Citadel Advisors
Florida
-$3.52M -350,000 Closed
DKCM
41
Davidson Kempner Capital Management
New York
-$3.54M -350,000 Closed
FTCM
42
First Trust Capital Management
Illinois
-$3.13M -311,152 Closed
Hudson Bay Capital Management
43
Hudson Bay Capital Management
Connecticut
-$3.04M -301,386 Closed
SRF
44
Silver Rock Financial
California
-$2.86M -284,654 Closed
PCM
45
Prelude Capital Management
New York
-$2.81M -280,000 Closed
SFM
46
Soros Fund Management
New York
-$2.01M -200,000 Closed
PMAM
47
Picton Mahoney Asset Management
Ontario, Canada
-$2.01M -199,998 Closed
KPF
48
K2 Principal Fund
Ontario, Canada
-$1.8M -179,257 Closed
HighTower Advisors
49
HighTower Advisors
Illinois
-$1.61M -160,000 Closed
WP
50
Woodline Partners
California
-$1.51M -150,000 Closed

NSTC Hedge Fund Activity: Q1 2023 in Review

16 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. III (NSTC) for Q1 2023, worth a combined $42.3M — down 89% from $396M a quarter earlier.

Sellers outnumbered buyers: 66 funds closed out of NSTC and 3 opened new positions — a net loss of 63 holders — while 9 trimmed existing stakes and 3 added.

The largest buyer was Sandia Investment Management, opening a new position worth an estimated $4.05M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $30M sold.

  • 16 institutional investors held Northern Star Investment Corp. III (NSTC) as of Q1 2023, down from 79 in Q4 2022.
  • Funds reported $42.3M of Northern Star Investment Corp. III stock for Q1 2023, down 89% quarter-over-quarter.
  • 3 funds opened new Northern Star Investment Corp. III positions in Q1 2023 and 66 closed out, a net change of -63 holders.
  • The largest Northern Star Investment Corp. III buyer in Q1 2023 was Sandia Investment Management, an estimated $4.05M added.
  • The largest Northern Star Investment Corp. III seller in Q1 2023 was JP Morgan Chase, an estimated $30M sold.

Based on aggregated 13F filings for Q1 2023.