Stardust Power Inc
SDST
13 hedge funds and large institutions have $17.8M invested in Stardust Power Inc in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 7 reducing their positions, and 14 closing their positions.
1.2% more ownership
Funds ownership: 7.61% → 8.82% (+1.2%)
43% less funds holding
Funds holding: 23 → 13 (-10)
46% less capital invested
Capital invested by funds: $33.1M → $17.8M (-$15.3M)
71% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 14
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$3.22M |
| 2 |
AMC
Atlas Merchant Capital
New York
|
+$2.22M |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$2.15M |
| 4 |
KC
Kepos Capital
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$4.01M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.55M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$2.38M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.23M |
| 5 |
CAC
Cowen and Company
New York
|
-$2.21M |
SDST Hedge Fund Activity: Q1 2024 in Review
13 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Stardust Power Inc (SDST) for Q1 2024, worth a combined $17.8M — down 46% from $33.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SDST and 4 opened new positions — a net loss of 10 holders — while 7 trimmed existing stakes and 0 added.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $3.22M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $4.01M sold.
- 13 institutional investors held Stardust Power Inc (SDST) as of Q1 2024, down from 23 in Q4 2023.
- Funds reported $17.8M of Stardust Power Inc stock for Q1 2024, down 46% quarter-over-quarter.
- 4 funds opened new Stardust Power Inc positions in Q1 2024 and 14 closed out, a net change of -10 holders.
- The largest Stardust Power Inc buyer in Q1 2024 was Hudson Bay Capital Management, an estimated $3.22M added.
- The largest Stardust Power Inc seller in Q1 2024 was First Trust Capital Management, an estimated $4.01M sold.
Based on aggregated 13F filings for Q1 2024.