Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant
IRRX.U
IRRX.U was delisted on the 1st of February, 2024.
6 hedge funds and large institutions have $3.53M invested in Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 9 closing their positions.
57% less funds holding
Funds holding: 14 → 6 (-8)
86% less capital invested
Capital invested by funds: $26M → $3.53M (-$22.5M)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$152K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$17.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$8.4M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$5.04M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$5.02M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$2.6M |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$995K |
IRRX.U Hedge Fund Activity: Q4 2022 in Review
6 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant (IRRX.U) for Q4 2022, worth a combined $3.53M — down 86% from $26M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IRRX.U and 1 opened new positions — a net loss of 8 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $152K. The largest seller was Sandia Investment Management, exiting entirely with an estimated $8.4M sold.
- 6 institutional investors held Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant (IRRX.U) as of Q4 2022, down from 14 in Q3 2022.
- Funds reported $3.53M of Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant stock for Q4 2022, down 86% quarter-over-quarter.
- 1 fund opened new Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant positions in Q4 2022 and 9 closed out, a net change of -8 holders.
- The largest Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant buyer in Q4 2022 was Flow Traders U.S., an estimated $152K added.
- The largest Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant seller in Q4 2022 was Sandia Investment Management, an estimated $8.4M sold.
Based on aggregated 13F filings for Q4 2022.