Northern Star Investment Corp. III
NSTC
NSTC was delisted on the 6th of September, 2023.
79 hedge funds and large institutions have $396M invested in Northern Star Investment Corp. III in 2022 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 18 increasing their positions, 4 reducing their positions, and 23 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 4
12% more capital invested
Capital invested by funds: $355M → $396M (+$41.5M)
3% more funds holding
Funds holding: 77 → 79 (+2)
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$29.7M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$13.8M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$9.42M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.44M |
| 5 |
CAC
Cowen and Company
New York
|
+$7.32M |
Top Sellers
| 1 |
SCM
Saba Capital Management
New York
|
-$27.5M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$24.9M |
| 3 |
CF
Cantor Fitzgerald
New York
|
-$15.6M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$14.8M |
| 5 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$5.91M |
NSTC Hedge Fund Activity: Q4 2022 in Review
79 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. III (NSTC) for Q4 2022, worth a combined $396M — up 12% from $355M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NSTC positions and 23 closed out — a net gain of 2 holders — while 18 added to existing stakes and 4 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $29.7M. The largest seller was Saba Capital Management, exiting entirely with an estimated $27.5M sold.
- 79 institutional investors held Northern Star Investment Corp. III (NSTC) as of Q4 2022, up from 77 in Q3 2022.
- Funds reported $396M of Northern Star Investment Corp. III stock for Q4 2022, up 12% quarter-over-quarter.
- 25 funds opened new Northern Star Investment Corp. III positions in Q4 2022 and 23 closed out, a net change of +2 holders.
- The largest Northern Star Investment Corp. III buyer in Q4 2022 was JP Morgan Chase, an estimated $29.7M added.
- The largest Northern Star Investment Corp. III seller in Q4 2022 was Saba Capital Management, an estimated $27.5M sold.
Based on aggregated 13F filings for Q4 2022.