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.
26 hedge funds and large institutions have $23.3M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 9 closing their positions.
1% less capital invested
Capital invested by funds: $23.5M → $23.3M (-$194K)
24% less funds holding
Funds holding: 34 → 26 (-8)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| 1 |
Jane Street
New York
|
+$2.05M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$171K |
| 3 |
E
Ergoteles
New York
|
+$51.1K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.18K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Janus Henderson Group
London,
United Kingdom
| – | -$599K | -60,984 | Closed |
|
|
RCM
27
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$218K | -22,219 | Closed |
|
28
Calamos Advisors
Naperville,
Illinois
| – | -$197K | -20,000 | Closed |
|
|
BFM
29
Boothbay Fund Management
New York
| – | -$181K | -18,355 | Closed |
|
|
SIM
30
Sandia Investment Management
Boston,
Massachusetts
| – | -$148K | -15,060 | Closed |
|
|
CAM
31
Cresset Asset Management
Chicago,
Illinois
| – | -$49K | -10,000 | Closed |
|
NSTC.U Hedge Fund Activity: Q3 2022 in Review
26 of the 5,805 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 Q3 2022, worth a combined $23.3M — down 0.83% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NSTC.U and 1 opened new positions — a net loss of 8 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, opening a new position worth an estimated $2.05M. The largest seller was Sage Mountain Advisors, exiting entirely with an estimated $933K sold.
- 26 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 Q3 2022, down from 34 in Q2 2022.
- Funds reported $23.3M 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 Q3 2022, down 0.83% quarter-over-quarter.
- 1 fund 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 Q3 2022 and 9 closed out, a net change of -8 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 Q3 2022 was Jane Street, an estimated $2.05M 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 Q3 2022 was Sage Mountain Advisors, an estimated $933K sold.
Based on aggregated 13F filings for Q3 2022.