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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.

7 hedge funds and large institutions have $3.83M 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% less funds holding

Funds holding: 267 (-19)

84% less capital invested

Capital invested by funds: $23.3M → $3.83M (-$19.4M)

95% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 20

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
7
Holders Change
-19
Holders Change %
-73.08%
% of All Funds
0.11%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
Reduced
1
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCL
1
Bracebridge Capital LLC
Massachusetts
$3.11M
WMSA
2
Weiss Multi-Strategy Advisers
New York
$385K
IC
3
IEQ Capital
California
$247K
GCL
4
Glazer Capital LLC
New York
$80K +$79.8K +8,032 New
UBS Group
5
UBS Group
Switzerland
$6.16K -$102K -10,250 -94%
AA
6
Ancora Advisors
Ohio
$1K
DCM
7
Dupont Capital Management
Delaware
$40
FPA
8
First Pacific Advisors
California
-$6.54M -664,459 Closed
SRF
9
Silver Rock Financial
California
-$2.8M -284,654 Closed
Jane Street
10
Jane Street
New York
-$2.06M -209,014 Closed
Millennium Management
11
Millennium Management
New York
-$1.72M -175,000 Closed
MAM
12
Melqart Asset Management
United Kingdom
-$1.41M -142,900 Closed
WC
13
Wealthspring Capital
New York
-$1.24M -125,903 Closed
SIA
14
Schechter Investment Advisors
Michigan
-$1.14M -116,125 Closed
HF
15
HRT Financial
New York
-$737K -74,930 Closed
Walleye Capital
16
Walleye Capital
New York
-$348K -35,391 Closed
CSS
17
Cubist Systematic Strategies
Connecticut
-$316K -32,134 Closed
GF
18
Gabelli Funds
New York
-$251K -25,500 Closed
GCIA
19
Gabelli & Co Investment Advisers
New York
-$241K -24,500 Closed
Walleye Trading
20
Walleye Trading
New York
-$215K -21,822 Closed
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
-$172K -17,523 Closed
E
22
Ergoteles
New York
-$158K -16,100 Closed
Citadel Advisors
23
Citadel Advisors
Florida
-$102K -10,324 Closed
Morgan Stanley
24
Morgan Stanley
New York
-$34K -3,450 Closed
CS
25
Clear Street
New York
-$2K -205 Closed

NSTC.U Hedge Fund Activity: Q4 2022 in Review

7 of the 6,221 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 Q4 2022, worth a combined $3.83M — down 84% from $23.3M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NSTC.U and 1 opened new positions — a net loss of 19 holders — while 1 trimmed existing stakes and 0 added.

The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $79.8K. The largest seller was First Pacific Advisors, exiting entirely with an estimated $6.54M sold.

  • 7 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 Q4 2022, down from 26 in Q3 2022.
  • Funds reported $3.83M 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 Q4 2022, down 84% 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 Q4 2022 and 20 closed out, a net change of -19 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 Q4 2022 was Glazer Capital LLC, an estimated $79.8K 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 Q4 2022 was First Pacific Advisors, an estimated $6.54M sold.

Based on aggregated 13F filings for Q4 2022.