RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one
RBAC.U
RBAC.U was delisted on the 16th of August, 2022.
36 hedge funds and large institutions have $126M invested in RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 53 closing their positions.
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
56% less funds holding
Funds holding: 81 → 36 (-45)
74% less capital invested
Capital invested by funds: $482M → $126M (-$356M)
83% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 53
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$6.91M |
| 2 |
PGM
Parian Global Management
Pound Ridge,
New York
|
+$1.1M |
| 3 |
VF
Virtu Financial
New York
|
+$791K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$660K |
| 5 |
Goldman Sachs
New York
|
+$549K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$52.3M |
| 2 |
Millennium Management
New York
|
-$42.4M |
| 3 |
TCIM
TOMS Capital Investment Management
New York
|
-$33.8M |
| 4 |
LA
Linden Advisors
New York
|
-$28.2M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$26.3M |
RBAC.U Hedge Fund Activity: Q4 2020 in Review
36 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one (RBAC.U) for Q4 2020, worth a combined $126M — down 74% from $482M a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of RBAC.U and 9 opened new positions — a net loss of 44 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $6.91M. The largest seller was Baupost Group, exiting entirely with an estimated $52.3M sold.
- 36 institutional investors held RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one (RBAC.U) as of Q4 2020, down from 81 in Q3 2020.
- Funds reported $126M of RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one stock for Q4 2020, down 74% quarter-over-quarter.
- 9 funds opened new RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one positions in Q4 2020 and 53 closed out, a net change of -44 holders.
- The largest RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one buyer in Q4 2020 was Owl Creek Asset Management, an estimated $6.91M added.
- The largest RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one seller in Q4 2020 was Baupost Group, an estimated $52.3M sold.
Based on aggregated 13F filings for Q4 2020.