Northern Star Investment Corp. III
NSTC
NSTC was delisted on the 6th of September, 2023.
74 hedge funds and large institutions have $316M invested in Northern Star Investment Corp. III in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 6 closing their positions.
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
4% more funds holding
Funds holding: 71 → 74 (+3)
5% more capital invested
Capital invested by funds: $301M → $316M (+$15M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$17.4M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
+$3.74M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$2.51M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.54M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$14M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$3.06M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$1.96M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.2M |
| 5 |
JP Morgan Chase
New York
|
-$974K |
NSTC Hedge Fund Activity: Q2 2022 in Review
74 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. III (NSTC) for Q2 2022, worth a combined $316M — up 5% from $301M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NSTC positions and 6 closed out — a net gain of 4 holders — while 18 added to existing stakes and 5 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $17.4M. The largest seller was Altshuler Shaham, exiting entirely with an estimated $14M sold.
- 74 institutional investors held Northern Star Investment Corp. III (NSTC) as of Q2 2022, up from 71 in Q1 2022.
- Funds reported $316M of Northern Star Investment Corp. III stock for Q2 2022, up 5% quarter-over-quarter.
- 10 funds opened new Northern Star Investment Corp. III positions in Q2 2022 and 6 closed out, a net change of +4 holders.
- The largest Northern Star Investment Corp. III buyer in Q2 2022 was Saba Capital Management, an estimated $17.4M added.
- The largest Northern Star Investment Corp. III seller in Q2 2022 was Altshuler Shaham, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2022.