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NSTD.U

Northern Star Investment Corp. IV Units, each consisting of one share of Class A common stock and one-sixth of one redeemable warrant

Delisted

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.

New
Increased
Maintained
Reduced
Closed

16% less funds holding

Funds holding: 4941 (-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

Holders
41
Holders Change
-8
Holders Change %
-16.33%
% of All Funds
0.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
7
Reduced
9
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MF
1
Magnetar Financial
Illinois
$33.1M -$581K -58,742 -2%
AC
2
Aristeia Capital
Connecticut
$19.1M
FPA
3
First Pacific Advisors
California
$5.09M
Millennium Management
4
Millennium Management
New York
$4.92M -$769K -77,732 -14%
SRF
5
Silver Rock Financial
California
$3.94M -$712K -71,975 -15%
SRCM
6
Sage Rock Capital Management
New York
$3.79M
BCL
7
Bracebridge Capital LLC
Massachusetts
$3.07M
CAC
8
Cowen and Company
New York
$2.97M
Citigroup
9
Citigroup
New York
$1.85M +$451K +45,603 +32%
WC
10
Wealthspring Capital
New York
$1.68M -$150K -15,200 -8%
SIA
11
Schechter Investment Advisors
Michigan
$1.48M +$1.47M +148,910 New
Jane Street
12
Jane Street
New York
$1.25M
SMA
13
Sage Mountain Advisors
Georgia
$1.05M -$30.2K -3,050 -3%
HF
14
HRT Financial
New York
$742K -$16.3K -1,646 -2%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$613K
Janus Henderson Group
16
Janus Henderson Group
United Kingdom
$569K +$63.2K +6,386 +13%
Parallax Volatility Advisers
17
Parallax Volatility Advisers
California
$523K +$229K +23,127 +78%
GF
18
Gabelli Funds
New York
$506K
COPPSERS
19
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$496K
HP
20
Hound Partners
New York
$494K
Walleye Capital
21
Walleye Capital
New York
$493K
GCIA
22
Gabelli & Co Investment Advisers
New York
$485K
RA
23
Ramius Advisors
New York
$466K +$52.8K +5,335 +13%
GC
24
Gillson Capital
Illinois
$433K -$12.6K -1,276 -3%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$292K

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.