Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant
NSTD.U
NSTD.U was delisted on the 8th of September, 2023.
49 hedge funds and large institutions have $139M invested in Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 18 closing their positions.
15% less capital invested
Capital invested by funds: $163M → $139M (-$24.4M)
25% less funds holding
Funds holding: 65 → 49 (-16)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$2.97M |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$459K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$157K |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$67.9K |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$57.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10.9M |
| 2 |
Millennium Management
New York
|
-$9.26M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$8.57M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$5M |
NSTD.U Hedge Fund Activity: Q3 2021 in Review
49 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant (NSTD.U) for Q3 2021, worth a combined $139M — down 15% from $163M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NSTD.U and 2 opened new positions — a net loss of 16 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $2.97M. The largest seller was Periscope Capital, cutting an estimated $10.9M.
- 49 institutional investors held Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant (NSTD.U) as of Q3 2021, down from 65 in Q2 2021.
- Funds reported $139M of Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant stock for Q3 2021, down 15% quarter-over-quarter.
- 2 funds opened new Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant positions in Q3 2021 and 18 closed out, a net change of -16 holders.
- The largest Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant buyer in Q3 2021 was Cowen and Company, an estimated $2.97M added.
- The largest Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant seller in Q3 2021 was Periscope Capital, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2021.