Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant
NSTC.U
NSTC.U was delisted on the 5th of September, 2023.
34 hedge funds and large institutions have $23.5M invested in Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, 6 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 34 → 34 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
65% less capital invested
Capital invested by funds: $67.6M → $23.5M (-$44.1M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
26
Cresset Asset Management
Chicago,
Illinois
| $49K | – | – | – |
|
27
Morgan Stanley
New York
| $34K | – | – | – |
|
|
MF
28
Magnetar Financial
Evanston,
Illinois
| $30.1K | -$2.6M | -264,990 | -8% |
|
|
CS
29
Clear Street
New York
| $4K | +$3.77K | +384 | New |
|
|
AA
30
Ancora Advisors
Cleveland,
Ohio
| $1K | +$982 | +100 | New |
|
|
SIG
31
Senator Investment Group
New York
| – | -$4.92M | -500,000 | Closed |
|
|
SRCM
32
Sage Rock Capital Management
New York
| – | -$3.76M | -382,500 | Closed |
|
33
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.54M | -156,692 | Closed |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$590K | -60,049 | Closed |
|
|
GC
35
Gillson Capital
Chicago,
Illinois
| – | -$429K | -43,694 | -100% |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$197K | -20,000 | Closed |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | +$39 | +4 | New |
|
|
SC
38
Sculptor Capital
New York
| – | +$88 | +9 | New |
|
NSTC.U Hedge Fund Activity: Q2 2022 in Review
34 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant (NSTC.U) for Q2 2022, worth a combined $23.5M — down 65% from $67.6M a quarter earlier.
Fund positioning in NSTC.U was balanced in Q2 2022: 5 funds opened new positions, 5 closed out, 0 added to existing stakes and 6 trimmed.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $145K. The largest seller was Senator Investment Group, exiting entirely with an estimated $4.92M sold.
- 34 institutional investors held Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant (NSTC.U) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $23.5M of Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant stock for Q2 2022, down 65% quarter-over-quarter.
- 5 funds opened new Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant positions in Q2 2022 and 5 closed out, a net change of 0 holders.
- The largest Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant buyer in Q2 2022 was Cubist Systematic Strategies, an estimated $145K added.
- The largest Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant seller in Q2 2022 was Senator Investment Group, an estimated $4.92M sold.
Based on aggregated 13F filings for Q2 2022.