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NSTC.U

Northern Star Investment Corp. III Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant

Delisted

NSTC.U was delisted on the 5th of September, 2023.

34 hedge funds and large institutions have $67.6M 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 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

23% less funds holding

Funds holding: 4434 (-10)

29% less capital invested

Capital invested by funds: $95.7M → $67.6M (-$28.2M)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 10

Holders
34
Holders Change
-10
Holders Change %
-22.73%
% of All Funds
0.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
5
Reduced
6
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MF
1
Magnetar Financial
Illinois
$32.6M -$212K -21,564 -0.6%
FPA
2
First Pacific Advisors
California
$6.52M
SIG
3
Senator Investment Group
New York
$4.92M
SRCM
4
Sage Rock Capital Management
New York
$3.76M
BCL
5
Bracebridge Capital LLC
Massachusetts
$3.05M
SRF
6
Silver Rock Financial
California
$2.79M
Millennium Management
7
Millennium Management
New York
$1.72M -$1.47M -150,000 -46%
Parallax Volatility Advisers
8
Parallax Volatility Advisers
California
$1.54M +$171K +17,390 +12%
MAM
9
Melqart Asset Management
United Kingdom
$1.41M
WC
10
Wealthspring Capital
New York
$1.34M -$24.4K -2,490 -2%
SIA
11
Schechter Investment Advisors
Michigan
$1.16M -$70.3K -7,170 -6%
SMA
12
Sage Mountain Advisors
Georgia
$951K -$249K -25,410 -21%
HF
13
HRT Financial
New York
$737K
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$600K
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$590K +$10 +1 +0%
GC
16
Gillson Capital
Illinois
$430K
WMSA
17
Weiss Multi-Strategy Advisers
New York
$378K
Walleye Capital
18
Walleye Capital
New York
$348K -$33.4K -3,404 -9%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$348K
GF
20
Gabelli Funds
New York
$251K
IC
21
IEQ Capital
California
$242K
GCIA
22
Gabelli & Co Investment Advisers
New York
$241K
RCM
23
Robinson Capital Management
Michigan
$219K
Walleye Trading
24
Walleye Trading
New York
$215K
Calamos Advisors
25
Calamos Advisors
Illinois
$197K

NSTC.U Hedge Fund Activity: Q1 2022 in Review

34 of the 6,340 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 Q1 2022, worth a combined $67.6M — down 29% from $95.7M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NSTC.U and 0 opened new positions — a net loss of 10 holders — while 6 trimmed existing stakes and 5 added.

The largest buyer was Parallax Volatility Advisers, adding an estimated $171K. The largest seller was Aristeia Capital, exiting entirely with an estimated $17.9M 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 Q1 2022, down from 44 in Q4 2021.
  • Funds reported $67.6M 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 Q1 2022, down 29% quarter-over-quarter.
  • 0 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 Q1 2022 and 10 closed out, a net change of -10 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 Q1 2022 was Parallax Volatility Advisers, an estimated $171K 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 Q1 2022 was Aristeia Capital, an estimated $17.9M sold.

Based on aggregated 13F filings for Q1 2022.