Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of
STIC.U
STIC.U was delisted on the 1st of June, 2021.
17 hedge funds and large institutions have $49.3M invested in Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 10 reducing their positions, and 29 closing their positions.
60% less funds holding
Funds holding: 43 → 17 (-26)
76% less capital invested
Capital invested by funds: $201M → $49.3M (-$152M)
90% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
+$1.26M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$170K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$33.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$19.2M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$19.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$12M |
| 4 |
Millennium Management
New York
|
-$11.8M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$11M |
STIC.U Hedge Fund Activity: Q1 2021 in Review
17 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of (STIC.U) for Q1 2021, worth a combined $49.3M — down 76% from $201M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of STIC.U and 3 opened new positions — a net loss of 26 holders — while 10 trimmed existing stakes and 0 added.
The largest buyer was Woodline Partners, opening a new position worth an estimated $1.26M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $19.2M sold.
- 17 institutional investors held Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of (STIC.U) as of Q1 2021, down from 43 in Q4 2020.
- Funds reported $49.3M of Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of stock for Q1 2021, down 76% quarter-over-quarter.
- 3 funds opened new Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of positions in Q1 2021 and 29 closed out, a net change of -26 holders.
- The largest Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of buyer in Q1 2021 was Woodline Partners, an estimated $1.26M added.
- The largest Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of seller in Q1 2021 was D.E. Shaw & Co, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2021.