Northern Star Investment Corp. II Ownership 2024 | Who Owns Northern Star Investment Corp. II Now?

OverviewFinancials Chart

Institutional Ownership

1.83%

Insider Ownership

85.05%

Retail Ownership

13.12%

Institutional Holders

2.00

Northern Star Investment Corp. II Institutional Shareholders

Institutional Shareholders by % of Total Shares

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
CLEAR STREET LLC	1.73%	0.00%	195,602	133,322	214.07%	23,000	Mar 31, 2024
FLOW TRADERS U.S. LLC	0.11%	0.00%	13,012	-140	-1.06%	2,000	Mar 31, 2024
ROBINSON CAPITAL MANAGEMENT, LLC	0.11%	0.00%	12,000	-726	-5.70%	420	Mar 31, 2024
JPMORGAN CHASE & CO	-	-	-	-28	-100.00%	-	Mar 31, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-120,391	-100.00%	-	Mar 31, 2024
CIBC PRIVATE WEALTH GROUP, LLC	-	-	-	-20,000	-100.00%	-	Mar 31, 2024
POLAR ASSET MANAGEMENT PARTNERS INC.	-	-	-	-335,000	-100.00%	-	Mar 31, 2024
WALLEYE TRADING LLC	-	-	-	-26,800	-100.00%	-	Mar 31, 2024
MOORE CAPITAL MANAGEMENT, LP	-	-	-	-25,000	-100.00%	-	Mar 31, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-64,079	-100.00%	-	Mar 31, 2024
LMR PARTNERS LLP	-	-	-	-200,000	-100.00%	-	Mar 31, 2024
GLOBAL RETIREMENT PARTNERS, LLC	-	-	-	-456	-100.00%	-	Mar 31, 2024
WALLEYE CAPITAL LLC	-	-	-	-53,200	-100.00%	-	Mar 31, 2024
SANDIA INVESTMENT MANAGEMENT LP	-	-	-	-85,000	-100.00%	-	Mar 31, 2024
KIM, LLC	-	-	-	-50,000	-100.00%	-	Mar 31, 2024
SEA OTTER ADVISORS LLC	-	-	-	-143,607	-100.00%	-	Mar 31, 2024

Northern Star Investment Corp. II's largest institutional shareholder is CLEAR STREET LLC, holding 1.73% of the company's total share outstanding, currently valued at $23.00K. The top 10 institutional shareholders own together 1.95% of the company.

Institutional Shareholders by % of Total Assets

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
CLEAR STREET LLC	1.73%	0.00%	195,602	133,322	214.07%	23,000	Mar 31, 2024
ROBINSON CAPITAL MANAGEMENT, LLC	0.11%	0.00%	12,000	-726	-5.70%	420	Mar 31, 2024
FLOW TRADERS U.S. LLC	0.11%	0.00%	13,012	-140	-1.06%	2,000	Mar 31, 2024
JPMORGAN CHASE & CO	-	-	-	-28	-100.00%	-	Mar 31, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-120,391	-100.00%	-	Mar 31, 2024
CIBC PRIVATE WEALTH GROUP, LLC	-	-	-	-20,000	-100.00%	-	Mar 31, 2024
POLAR ASSET MANAGEMENT PARTNERS INC.	-	-	-	-335,000	-100.00%	-	Mar 31, 2024
WALLEYE TRADING LLC	-	-	-	-26,800	-100.00%	-	Mar 31, 2024
MOORE CAPITAL MANAGEMENT, LP	-	-	-	-25,000	-100.00%	-	Mar 31, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-64,079	-100.00%	-	Mar 31, 2024
LMR PARTNERS LLP	-	-	-	-200,000	-100.00%	-	Mar 31, 2024
GLOBAL RETIREMENT PARTNERS, LLC	-	-	-	-456	-100.00%	-	Mar 31, 2024
WALLEYE CAPITAL LLC	-	-	-	-53,200	-100.00%	-	Mar 31, 2024
SANDIA INVESTMENT MANAGEMENT LP	-	-	-	-85,000	-100.00%	-	Mar 31, 2024
KIM, LLC	-	-	-	-50,000	-100.00%	-	Mar 31, 2024
SEA OTTER ADVISORS LLC	-	-	-	-143,607	-100.00%	-	Mar 31, 2024

The largest Northern Star Investment Corp. II shareholder by % of total assets is CLEAR STREET LLC. The company owns 195.60K shares of Northern Star Investment Corp. II (NSTB), representing 0.00% of its total assets.

Institutional Buyers

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
CLEAR STREET LLC	1.73%	0.00%	195,602	133,322	214.07%	23,000	Mar 31, 2024
JPMORGAN CHASE & CO	-	-	-	-28	-100.00%	-	Mar 31, 2024
FLOW TRADERS U.S. LLC	0.11%	0.00%	13,012	-140	-1.06%	2,000	Mar 31, 2024
GLOBAL RETIREMENT PARTNERS, LLC	-	-	-	-456	-100.00%	-	Mar 31, 2024
ROBINSON CAPITAL MANAGEMENT, LLC	0.11%	0.00%	12,000	-726	-5.70%	420	Mar 31, 2024
CIBC PRIVATE WEALTH GROUP, LLC	-	-	-	-20,000	-100.00%	-	Mar 31, 2024
MOORE CAPITAL MANAGEMENT, LP	-	-	-	-25,000	-100.00%	-	Mar 31, 2024
WALLEYE TRADING LLC	-	-	-	-26,800	-100.00%	-	Mar 31, 2024
KIM, LLC	-	-	-	-50,000	-100.00%	-	Mar 31, 2024
WALLEYE CAPITAL LLC	-	-	-	-53,200	-100.00%	-	Mar 31, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-64,079	-100.00%	-	Mar 31, 2024
SANDIA INVESTMENT MANAGEMENT LP	-	-	-	-85,000	-100.00%	-	Mar 31, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-120,391	-100.00%	-	Mar 31, 2024
SEA OTTER ADVISORS LLC	-	-	-	-143,607	-100.00%	-	Mar 31, 2024
LMR PARTNERS LLP	-	-	-	-200,000	-100.00%	-	Mar 31, 2024
POLAR ASSET MANAGEMENT PARTNERS INC.	-	-	-	-335,000	-100.00%	-	Mar 31, 2024

As of Mar 31 2024, Northern Star Investment Corp. II's largest institutional buyer is CLEAR STREET LLC. The company purchased 133.32K stocks of NSTB, valued at $23.00K.

Institutional Sellers

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
POLAR ASSET MANAGEMENT PARTNERS INC.	-	-	-	-335,000	-100.00%	-	Mar 31, 2024
LMR PARTNERS LLP	-	-	-	-200,000	-100.00%	-	Mar 31, 2024
SEA OTTER ADVISORS LLC	-	-	-	-143,607	-100.00%	-	Mar 31, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-120,391	-100.00%	-	Mar 31, 2024
SANDIA INVESTMENT MANAGEMENT LP	-	-	-	-85,000	-100.00%	-	Mar 31, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-64,079	-100.00%	-	Mar 31, 2024
WALLEYE CAPITAL LLC	-	-	-	-53,200	-100.00%	-	Mar 31, 2024
KIM, LLC	-	-	-	-50,000	-100.00%	-	Mar 31, 2024
WALLEYE TRADING LLC	-	-	-	-26,800	-100.00%	-	Mar 31, 2024
MOORE CAPITAL MANAGEMENT, LP	-	-	-	-25,000	-100.00%	-	Mar 31, 2024
CIBC PRIVATE WEALTH GROUP, LLC	-	-	-	-20,000	-100.00%	-	Mar 31, 2024
ROBINSON CAPITAL MANAGEMENT, LLC	0.11%	0.00%	12,000	-726	-5.70%	420	Mar 31, 2024
GLOBAL RETIREMENT PARTNERS, LLC	-	-	-	-456	-100.00%	-	Mar 31, 2024
FLOW TRADERS U.S. LLC	0.11%	0.00%	13,012	-140	-1.06%	2,000	Mar 31, 2024
JPMORGAN CHASE & CO	-	-	-	-28	-100.00%	-	Mar 31, 2024
CLEAR STREET LLC	1.73%	0.00%	195,602	133,322	214.07%	23,000	Mar 31, 2024

As of Mar 31 2024, Northern Star Investment Corp. II's biggest institutional seller is POLAR ASSET MANAGEMENT PARTNERS INC.. The company sold -0.34M shares of NSTB, valued at -.

Institutional New positions

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date

Institutional Sold Out

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
POLAR ASSET MANAGEMENT PARTNERS INC.	-	-	-	-335,000	-100.00%	-	Mar 31, 2024
LMR PARTNERS LLP	-	-	-	-200,000	-100.00%	-	Mar 31, 2024
SEA OTTER ADVISORS LLC	-	-	-	-143,607	-100.00%	-	Mar 31, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-120,391	-100.00%	-	Mar 31, 2024
SANDIA INVESTMENT MANAGEMENT LP	-	-	-	-85,000	-100.00%	-	Mar 31, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-64,079	-100.00%	-	Mar 31, 2024
WALLEYE CAPITAL LLC	-	-	-	-53,200	-100.00%	-	Mar 31, 2024
KIM, LLC	-	-	-	-50,000	-100.00%	-	Mar 31, 2024
WALLEYE TRADING LLC	-	-	-	-26,800	-100.00%	-	Mar 31, 2024
MOORE CAPITAL MANAGEMENT, LP	-	-	-	-25,000	-100.00%	-	Mar 31, 2024
CIBC PRIVATE WEALTH GROUP, LLC	-	-	-	-20,000	-100.00%	-	Mar 31, 2024
GLOBAL RETIREMENT PARTNERS, LLC	-	-	-	-456	-100.00%	-	Mar 31, 2024
JPMORGAN CHASE & CO	-	-	-	-28	-100.00%	-	Mar 31, 2024

Northern Star Investment Corp. II's largest sold out institutional shareholder by shares sold is POLAR ASSET MANAGEMENT PARTNERS INC., sold -0.34M shares, valued at -, as of undefined.

Northern Star Investment Corp. II Mutual Fund Holders

Name	% Total Assets	Total Shares	Change Amount	Change %	Date
Salient Midstream & MLP Fund	0.09%	20,000	-	-	Aug 31, 2022
Saba Capital Income & Opportunities Fund	0.08%	201,428	-	-	Jan 31, 2024
MERGER FUND	0.06%	444,137	-	-	Dec 29, 2023
Virtus Event Opportunities Trust	0.05%	112,510	-	-	Dec 29, 2023
MERGER FUND VL	0.04%	5,650	-	-	Dec 29, 2023
NEXPOINT FUNDS I	0.00%	10,000	-	-	Dec 31, 2023
NATIONWIDE MUTUAL FUNDS	0.00%	254	-	-	Jan 31, 2024
SEI INSTITUTIONAL MANAGED TRUST	0.00%	387	-	-	Dec 31, 2023

Northern Star Investment Corp. II's largest mutual fund holder by % of total assets is "Salient Midstream & MLP Fund", owning 20.00K shares, compromising 0.09% of its total assets.

Northern Star Investment Corp. II Institutional Ownership Trends

Institutional Holdings Trend

Date	Holdings	Change %
31 Mar, 24	2	-87.50%
31 Dec, 23	16	23.08%
30 Sep, 23	13	-27.78%
30 Jun, 23	18	-
31 Mar, 23	18	-74.65%
31 Dec, 22	71	-19.32%
30 Sep, 22	88	3.53%
30 Jun, 22	85	-2.30%
31 Mar, 22	87	4.82%
31 Dec, 21	83	12.16%
30 Sep, 21	74	-1.33%
30 Jun, 21	75	19.05%
31 Mar, 21	63	-

As of 31 Mar 24, 2 institutions are holding Northern Star Investment Corp. II's shares, representing a decrease of -87.50% compared to the previous quarter.

Shares Outstanding Trend

Date	Shares Outstanding	Change %
31 Mar, 24	207,602	-82.87%
31 Dec, 23	1,211,719	1.38%
30 Sep, 23	1,195,265	-23.48%
30 Jun, 23	1,561,994	2.78%
31 Mar, 23	1,519,700	-94.39%
31 Dec, 22	27,112,516	-26.95%
30 Sep, 22	37,115,970	12.90%
30 Jun, 22	32,874,843	-8.38%
31 Mar, 22	35,881,370	3.47%
31 Dec, 21	34,676,669	-4.99%
30 Sep, 21	36,496,314	10.66%
30 Jun, 21	32,981,820	7.13%
31 Mar, 21	30,786,735	-

Northern Star Investment Corp. II (NSTB) has 207.60K shares outstanding as of 31 Mar 24, down -82.87% compared to the previous quarter.

Institutional Ownership Trend

Date	Ownership %	Change %
31 Mar, 24	1.83%	1.60%
31 Dec, 23	10.70%	7.49%
30 Sep, 23	11.95%	7.14%
30 Jun, 23	12.94%	8.17%
31 Mar, 23	12.59%	0.02%
31 Dec, 22	224.56%	0.24%
30 Sep, 22	307.41%	0.41%
30 Jun, 22	272.28%	0.31%
31 Mar, 22	297.19%	0.36%
31 Dec, 21	287.21%	0.31%
30 Sep, 21	302.28%	0.41%
30 Jun, 21	273.17%	0.42%
31 Mar, 21	254.99%	-

As of 31 Mar 24, Northern Star Investment Corp. II is held by 1.83% institutional shareholders, representing a 1.60% growth compared to 31 Dec 23.

Institutional Increased Positions Trend

Date	Increased Positions	Change %
31 Mar, 24	1	-85.71%
31 Dec, 23	7	40.00%
30 Sep, 23	5	-37.50%
30 Jun, 23	8	14.29%
31 Mar, 23	7	-78.13%
31 Dec, 22	32	-5.88%
30 Sep, 22	34	30.77%
30 Jun, 22	26	-23.53%
31 Mar, 22	34	-19.05%
31 Dec, 21	42	13.51%
30 Sep, 21	37	-9.76%
30 Jun, 21	41	-34.92%
31 Mar, 21	63	-

1 institutional shareholders have increased their position in NSTB stock as of 31 Mar 24 compared to 7 in the previous quarter (a -85.71% decrease).

Institutional Reduced Positions Trend

Date	Reduced Positions	Change %
31 Mar, 24	1	-50.00%
31 Dec, 23	2	-33.33%
30 Sep, 23	3	200.00%
30 Jun, 23	1	-85.71%
31 Mar, 23	7	-12.50%
31 Dec, 22	8	166.67%
30 Sep, 22	3	-75.00%
30 Jun, 22	12	-33.33%
31 Mar, 22	18	28.57%
31 Dec, 21	14	40.00%
30 Sep, 21	10	-23.08%
30 Jun, 21	13	-
31 Mar, 21	-	-

1 institutional shareholders have reduced their position in NSTB stock as of 31 Mar 24 compared to 2 in the previous quarter (a -50.00% decrease).

All Institutional Ownership Trend Data

Date	Holdings	Change %	Shares Outstanding	Change %	Ownership %	Change %	Increased Positions	Change %	Reduced Positions	Change %
31 Mar, 24	2	-87.50%	207,602	-82.87%	1.83%	1.60%	1	-85.71%	1	-50.00%
31 Dec, 23	16	23.08%	1,211,719	1.38%	10.70%	7.49%	7	40.00%	2	-33.33%
30 Sep, 23	13	-27.78%	1,195,265	-23.48%	11.95%	7.14%	5	-37.50%	3	200.00%
30 Jun, 23	18	-	1,561,994	2.78%	12.94%	8.17%	8	14.29%	1	-85.71%
31 Mar, 23	18	-74.65%	1,519,700	-94.39%	12.59%	0.02%	7	-78.13%	7	-12.50%
31 Dec, 22	71	-19.32%	27,112,516	-26.95%	224.56%	0.24%	32	-5.88%	8	166.67%
30 Sep, 22	88	3.53%	37,115,970	12.90%	307.41%	0.41%	34	30.77%	3	-75.00%
30 Jun, 22	85	-2.30%	32,874,843	-8.38%	272.28%	0.31%	26	-23.53%	12	-33.33%
31 Mar, 22	87	4.82%	35,881,370	3.47%	297.19%	0.36%	34	-19.05%	18	28.57%
31 Dec, 21	83	12.16%	34,676,669	-4.99%	287.21%	0.31%	42	13.51%	14	40.00%
30 Sep, 21	74	-1.33%	36,496,314	10.66%	302.28%	0.41%	37	-9.76%	10	-23.08%
30 Jun, 21	75	19.05%	32,981,820	7.13%	273.17%	0.42%	41	-34.92%	13	-
31 Mar, 21	63	-	30,786,735	-	254.99%	-	63	-	-	-

Northern Star Investment Corp. II Insider Shareholders Trades

Open Market Insider Trades

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held	Source

Open Market Insider Buys

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held	Source

Insider Sells

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held
Apr 09, 2024	Northern Star II Sponsor LLC	10 percent owner	-	C-Conversion	Sell	58,333	-	-	-
Feb 28, 2024	Brady James HR	officer	Chief Financial Officer	C-Conversion	Sell	116,667	-	-	-
Jun 14, 2023	Coles Joanna	10 percent owner	-	J-Other	Sell	9,708,334	-	-	-
Jun 14, 2023	Coles Joanna	10 percent owner	-	J-Other	Sell	8,750,000	$11.50	$100.63M	-
Jan 03, 2023	Northern Star II Sponsor LLC	director	-	C-Conversion	Sell	9,708,334	-	-	-
Jan 27, 2021	Turcke Maryann	director	-		Sell	58,333	-	-	-
Jan 25, 2021	Shapiro David	director	-		Sell	58,333	-	-	-
Jan 25, 2021	Green Kristen	director	-		Sell	58,333	-	-	-
Jan 25, 2021	Brady James HR	officer	Chief Financial Officer		Sell	116,667	-	-	-

All Insider Owners Trades

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held
Apr 09, 2024	Northern Star II Sponsor LLC	10 percent owner	-	C-Conversion	Buy	58,333	-	-	9,766,667
Apr 09, 2024	Northern Star II Sponsor LLC	10 percent owner	-	C-Conversion	Sell	58,333	-	-	-
Feb 28, 2024	Brady James HR	officer	Chief Financial Officer	C-Conversion	Buy	116,667	-	-	116,667
Feb 28, 2024	Brady James HR	officer	Chief Financial Officer	C-Conversion	Sell	116,667	-	-	-
Jun 14, 2023	Coles Joanna	10 percent owner	-	J-Other	Sell	9,708,334	-	-	-
Jun 14, 2023	Coles Joanna	10 percent owner	-	J-Other	Sell	8,750,000	$11.50	$100.63M	-
May 16, 2023	Northern Star II Sponsor LLC	10 percent owner	-	J-Other	Buy	58,333	-	-	58,333
Feb 21, 2023	Cyrgalis Brett	director			Buy	-	-	-	-
Feb 21, 2023	Yeaton Howard	director			Buy	-	-	-	-
Jan 03, 2023	Northern Star II Sponsor LLC	director	-	C-Conversion	Buy	9,708,334	-	-	9,708,334
Jan 03, 2023	Northern Star II Sponsor LLC	director	-	C-Conversion	Sell	9,708,334	-	-	-
Mar 04, 2021	Arena Capital Advisors, LLC- CA		-	J-Other	Buy	2,583,625	-	-	2,583,625
Feb 19, 2021	Arena Capital Advisors, LLC- CA	10 percent owner	-		Buy	-	-	-	10,062,500
Jan 27, 2021	Turcke Maryann	director	-		Sell	58,333	-	-	-
Jan 25, 2021	Coles Joanna	director, 10 percent owner, officer	Chief Executive Officer		Buy	9,770,834	-	-	-
Jan 25, 2021	Coles Joanna	director, 10 percent owner, officer	Chief Executive Officer		Buy	8,750,000	$11.50	$100.63M	-
Jan 25, 2021	Shapiro David	director	-		Sell	58,333	-	-	-
Jan 25, 2021	Green Kristen	director	-		Sell	58,333	-	-	-
Jan 25, 2021	Brady James HR	officer	Chief Financial Officer		Sell	116,667	-	-	-

The last insider sell of Northern Star Investment Corp. II's stock was made by Northern Star II Sponsor LLC on Apr 09 2024, selling 58,333 shares at - per share (valued at -).

Northern Star Investment Corp. II Insider Ownership Trends

All Insider Trades Trend

Date	Buy	Sell	Buy/Sell Ratio
Q2 2024	1	1	100.00%
Q1 2024	1	1	100.00%
Q2 2023	1	2	50.00%
Q1 2023	-	-	-
Q4 2022	1	1	100.00%
Q1 2021	1	4	25.00%

1 total buy trades, and 1 total sell trades (buy/sell ratio of 1.00%) were made by Northern Star Investment Corp. II's insiders, as of Q2 2024.

Open Market Insider Trades Trend

Date	Buy	Sell	Buy/Sell Ratio
Q2 2024	-	-	-
Q1 2024	-	-	-
Q2 2023	-	-	-
Q1 2023	-	-	-
Q4 2022	-	-	-
Q1 2021	-	-	-

As of Q2 2024, Insider owners conducted 0 open market buy trades and 0 open market sell trades of Northern Star Investment Corp. II's stocks.

Northern Star Investment Corp. II Peer Ownership

Ticker	Company
DTOC	American Oncology Network, Inc.
LGVC	LAMF Global Ventures Corp. I
GENQ	Genesis Unicorn Capital Corp.
ITAQ	Industrial Tech Acquisitions II, Inc.
CPAA	Advantage Solutions Inc.

NSTB Ownership FAQ

Who Owns Northern Star Investment Corp. II?

Northern Star Investment Corp. II is owned by institutional shareholders (1.83%), insiders (85.05%), and public (13.12%). The largest institutional shareholder of Northern Star Investment Corp. II is CLEAR STREET LLC (1.73% of total shares) and the top mutual fund owner is Salient Midstream & MLP Fund (0.09% of total shares).

Who are the major institutional shareholders of Northern Star Investment Corp. II?

Northern Star Investment Corp. II's major institutional shareholders are CLEAR STREET LLC, FLOW TRADERS U.S. LLC, ROBINSON CAPITAL MANAGEMENT, LLC, JPMORGAN CHASE & CO, and FIR TREE CAPITAL MANAGEMENT LP. The top five shareholders own together 1.95% of the company's share outstanding.

How many Northern Star Investment Corp. II shareholders are there?

As of Mar 2024, there are 2 institutional shareholders of Northern Star Investment Corp. II.

What percentage of Northern Star Investment Corp. II is owned by CLEAR STREET LLC?

CLEAR STREET LLC owns 195.6K shares of Northern Star Investment Corp. II, representing 1.73% of the company's total shares outstanding, valued at $23K (as of Mar 2024).

What percentage of Northern Star Investment Corp. II is owned by FLOW TRADERS U.S. LLC?

As of Mar 2024, FLOW TRADERS U.S. LLC holds 13.01K shares of Northern Star Investment Corp. II (NSTB), compromising 0.11% of the company, valued at $2K.

What percentage of Northern Star Investment Corp. II is owned by ROBINSON CAPITAL MANAGEMENT, LLC?

ROBINSON CAPITAL MANAGEMENT, LLC is the third largest holder of Northern Star Investment Corp. II. The company owns 12K of the company's shares outstanding (worth $420).