Revelstone Capital Acquisition Corp. Unit
RCACU
RCACU was delisted on the 24th of January, 2024.
29 hedge funds and large institutions have $77M invested in Revelstone Capital Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 14 closing their positions.
24% less funds holding
Funds holding: 38 → 29 (-9)
52% less capital invested
Capital invested by funds: $160M → $77M (-$83.2M)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.96M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$516K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$496K |
| 4 |
VF
Virtu Financial
New York
|
+$145K |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$44.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tenor Capital Management
New York
|
-$13.4M |
| 2 |
GL
Governors Lane
New York
|
-$11.1M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$10.7M |
| 4 |
CCM
CAAS Capital Management
New York
|
-$9.43M |
| 5 |
SCM
Saba Capital Management
New York
|
-$7.91M |
RCACU Hedge Fund Activity: Q1 2022 in Review
29 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Revelstone Capital Acquisition Corp. Unit (RCACU) for Q1 2022, worth a combined $77M — down 52% from $160M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RCACU and 5 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $1.96M. The largest seller was Tenor Capital Management, exiting entirely with an estimated $13.4M sold.
- 29 institutional investors held Revelstone Capital Acquisition Corp. Unit (RCACU) as of Q1 2022, down from 38 in Q4 2021.
- Funds reported $77M of Revelstone Capital Acquisition Corp. Unit stock for Q1 2022, down 52% quarter-over-quarter.
- 5 funds opened new Revelstone Capital Acquisition Corp. Unit positions in Q1 2022 and 14 closed out, a net change of -9 holders.
- The largest Revelstone Capital Acquisition Corp. Unit buyer in Q1 2022 was Periscope Capital, an estimated $1.96M added.
- The largest Revelstone Capital Acquisition Corp. Unit seller in Q1 2022 was Tenor Capital Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2022.