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.
65 hedge funds and large institutions have $198M 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 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 49 closing their positions.
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
39% less funds holding
Funds holding: 106 → 65 (-41)
46% less capital invested
Capital invested by funds: $369M → $198M (-$171M)
82% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.27M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$5.07M |
| 3 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$990K |
| 4 |
D.E. Shaw & Co
New York
|
+$937K |
| 5 |
Jane Street
New York
|
+$756K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$29.8M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$17.4M |
| 3 |
CCM
Cadian Capital Management
New York
|
-$14.9M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$14.4M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$10.6M |
NSTD.U Hedge Fund Activity: Q2 2021 in Review
65 of the 5,767 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 Q2 2021, worth a combined $198M — down 46% from $369M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of NSTD.U and 9 opened new positions — a net loss of 40 holders — while 17 trimmed existing stakes and 11 added.
The largest buyer was Periscope Capital, adding an estimated $7.27M. The largest seller was PEAK6 Investments, exiting entirely with an estimated $29.8M sold.
- 65 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 Q2 2021, down from 106 in Q1 2021.
- Funds reported $198M 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 Q2 2021, down 46% quarter-over-quarter.
- 9 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 Q2 2021 and 49 closed out, a net change of -40 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 Q2 2021 was Periscope Capital, an estimated $7.27M 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 Q2 2021 was PEAK6 Investments, an estimated $29.8M sold.
Based on aggregated 13F filings for Q2 2021.