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 $53.6M 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 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
21% less capital invested
Capital invested by funds: $67.6M → $53.6M (-$14M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$145K |
| 2 |
CS
Clear Street
New York
|
+$3.77K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$982 |
| 4 |
SC
Sculptor Capital
New York
|
+$88 |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$39 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$4.92M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
-$3.76M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.6M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.54M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$590K |
NSTC.U Hedge Fund Activity: Q2 2022 in Review
34 of the 5,959 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 $53.6M — down 21% 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 $53.6M 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 Q2 2022, down 21% 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.