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 $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.
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
23% less funds holding
Funds holding: 44 → 34 (-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
Top Buyers
Top Sellers
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$17.9M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$3.97M |
| 3 |
Citigroup
New York
|
-$1.95M |
| 4 |
Millennium Management
New York
|
-$1.47M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$614K |
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.