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.
41 hedge funds and large institutions have $91.5M 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 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 11 closing their positions.
16% less funds holding
Funds holding: 49 → 41 (-8)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
34% less capital invested
Capital invested by funds: $139M → $91.5M (-$47.4M)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$451K |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$229K |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$98.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$69.5K |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$63.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$30.1M |
| 2 |
KC
Kepos Capital
New York
|
-$5.18M |
| 3 |
SIG
Senator Investment Group
New York
|
-$4.93M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$3.17M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.28M |
NSTD.U Hedge Fund Activity: Q4 2021 in Review
41 of the 6,498 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 Q4 2021, worth a combined $91.5M — down 34% from $139M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NSTD.U and 4 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Citigroup, adding an estimated $451K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $30.1M sold.
- 41 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 Q4 2021, down from 49 in Q3 2021.
- Funds reported $91.5M 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 Q4 2021, down 34% quarter-over-quarter.
- 4 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 Q4 2021 and 11 closed out, a net change of -7 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 Q4 2021 was Citigroup, an estimated $451K 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 Q4 2021 was Glazer Capital LLC, an estimated $30.1M sold.
Based on aggregated 13F filings for Q4 2021.