Northern Star Investment Corp. III
NSTC
NSTC was delisted on the 6th of September, 2023.
70 hedge funds and large institutions have $300M invested in Northern Star Investment Corp. III in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 11 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $277M → $300M (+$22.5M)
1% more funds holding
Funds holding: 69 → 70 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$17.6M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$8.03M |
| 3 |
Citigroup
New York
|
+$1.91M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.89M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$4.39M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.23M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$2.92M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$2.58M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
76
Exos Asset Management
New York
| – | -$1.07M | -109,760 | Closed |
|
|
AGC
77
Angelo Gordon & Co
New York
| – | -$975K | -100,000 | Closed |
|
|
EC
78
EJF Capital
Arlington,
Virginia
| – | -$585K | -60,000 | Closed |
|
79
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$254K | -26,016 | Closed |
|
80
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$200K | -20,560 | Closed |
|
|
PCM
81
Pinz Capital Management
New York
| – | -$43K | -4,370 | Closed |
|
NSTC Hedge Fund Activity: Q1 2022 in Review
70 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. III (NSTC) for Q1 2022, worth a combined $300M — up 8.1% from $277M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NSTC positions and 11 closed out — a net gain of 1 holder — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Aristeia Capital, opening a new position worth an estimated $17.6M. The largest seller was Fortress Investment Group, exiting entirely with an estimated $4.39M sold.
- 70 institutional investors held Northern Star Investment Corp. III (NSTC) as of Q1 2022, up from 69 in Q4 2021.
- Funds reported $300M of Northern Star Investment Corp. III stock for Q1 2022, up 8.1% quarter-over-quarter.
- 12 funds opened new Northern Star Investment Corp. III positions in Q1 2022 and 11 closed out, a net change of +1 holder.
- The largest Northern Star Investment Corp. III buyer in Q1 2022 was Aristeia Capital, an estimated $17.6M added.
- The largest Northern Star Investment Corp. III seller in Q1 2022 was Fortress Investment Group, an estimated $4.39M sold.
Based on aggregated 13F filings for Q1 2022.