Integrated Rail and Resources Acquisition Corp.
IRRX
IRRX was delisted on the 6th of March, 2024.
31 hedge funds and large institutions have $69.5M invested in Integrated Rail and Resources Acquisition Corp. in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
15% more funds holding
Funds holding: 27 → 31 (+4)
6% more capital invested
Capital invested by funds: $65.8M → $69.5M (+$3.71M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$3.2M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.01M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.46M |
| 4 |
QL
Quarry LP
New York
|
+$1.6M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$2.81M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$1.55M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.09M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$766K |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$363K |
IRRX Hedge Fund Activity: Q4 2023 in Review
31 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Integrated Rail and Resources Acquisition Corp. (IRRX) for Q4 2023, worth a combined $69.5M — up 5.6% from $65.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IRRX positions and 3 closed out — a net gain of 4 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Cowen and Company, opening a new position worth an estimated $3.2M. The largest seller was Sandia Investment Management, cutting an estimated $2.81M.
- 31 institutional investors held Integrated Rail and Resources Acquisition Corp. (IRRX) as of Q4 2023, up from 27 in Q3 2023.
- Funds reported $69.5M of Integrated Rail and Resources Acquisition Corp. stock for Q4 2023, up 5.6% quarter-over-quarter.
- 7 funds opened new Integrated Rail and Resources Acquisition Corp. positions in Q4 2023 and 3 closed out, a net change of +4 holders.
- The largest Integrated Rail and Resources Acquisition Corp. buyer in Q4 2023 was Cowen and Company, an estimated $3.2M added.
- The largest Integrated Rail and Resources Acquisition Corp. seller in Q4 2023 was Sandia Investment Management, an estimated $2.81M sold.
Based on aggregated 13F filings for Q4 2023.