Northern Star Investment Corp. III
NSTC
NSTC was delisted on the 6th of September, 2023.
77 hedge funds and large institutions have $353M invested in Northern Star Investment Corp. III in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
12% more capital invested
Capital invested by funds: $316M → $353M (+$37.1M)
4% more funds holding
Funds holding: 74 → 77 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$30M |
| 2 |
Jane Street
New York
|
+$11.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$3.66M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.46M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$10M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.46M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.96M |
| 4 |
Citigroup
New York
|
-$1.92M |
| 5 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$1.81M |
NSTC Hedge Fund Activity: Q3 2022 in Review
77 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. III (NSTC) for Q3 2022, worth a combined $353M — up 12% from $316M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NSTC positions and 8 closed out — a net gain of 3 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Magnetar Financial, adding an estimated $30M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $10M sold.
- 77 institutional investors held Northern Star Investment Corp. III (NSTC) as of Q3 2022, up from 74 in Q2 2022.
- Funds reported $353M of Northern Star Investment Corp. III stock for Q3 2022, up 12% quarter-over-quarter.
- 11 funds opened new Northern Star Investment Corp. III positions in Q3 2022 and 8 closed out, a net change of +3 holders.
- The largest Northern Star Investment Corp. III buyer in Q3 2022 was Magnetar Financial, an estimated $30M added.
- The largest Northern Star Investment Corp. III seller in Q3 2022 was Highbridge Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2022.