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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 $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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 3434 (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

Holders
34
Holders Change
Holders Change %
0%
% of All Funds
0.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FPA
1
First Pacific Advisors
California
$6.5M
BCL
2
Bracebridge Capital LLC
Massachusetts
$3.04M
SRF
3
Silver Rock Financial
California
$2.79M
Millennium Management
4
Millennium Management
New York
$1.72M
MAM
5
Melqart Asset Management
United Kingdom
$1.4M
WC
6
Wealthspring Capital
New York
$1.25M -$84.4K -8,590 -6%
SIA
7
Schechter Investment Advisors
Michigan
$1.15M -$10.3K -1,050 -0.9%
SMA
8
Sage Mountain Advisors
Georgia
$933K -$15.5K -1,580 -2%
HF
9
HRT Financial
New York
$735K
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$599K
WMSA
11
Weiss Multi-Strategy Advisers
New York
$377K
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$347K
Walleye Capital
13
Walleye Capital
New York
$347K
GF
14
Gabelli Funds
New York
$250K
IC
15
IEQ Capital
California
$242K
GCIA
16
Gabelli & Co Investment Advisers
New York
$240K
RCM
17
Robinson Capital Management
Michigan
$218K
Walleye Trading
18
Walleye Trading
New York
$214K
Calamos Advisors
19
Calamos Advisors
Illinois
$197K
BFM
20
Boothbay Fund Management
New York
$181K
SIM
21
Sandia Investment Management
Massachusetts
$148K
CSS
22
Cubist Systematic Strategies
Connecticut
$145K +$145K +14,739 New
E
23
Ergoteles
New York
$107K
UBS Group
24
UBS Group
Switzerland
$106K
Citadel Advisors
25
Citadel Advisors
Florida
$99K -$2.74K -279 -3%

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.