Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
RCFA.U
RCFA.U was delisted on the 21st of October, 2024.
18 hedge funds and large institutions have $36M invested in Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, 4 reducing their positions, and 52 closing their positions.
73% less funds holding
Funds holding: 66 → 18 (-48)
83% less capital invested
Capital invested by funds: $209M → $36M (-$173M)
92% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 52
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$186K |
| 2 |
Barclays
London,
United Kingdom
|
+$85.5K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$444 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.2M |
| 2 |
SCM
Saba Capital Management
New York
|
-$14.9M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$7.58M |
| 4 |
KC
Kepos Capital
New York
|
-$6.82M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$6.06M |
RCFA.U Hedge Fund Activity: Q1 2022 in Review
18 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (RCFA.U) for Q1 2022, worth a combined $36M — down 83% from $209M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of RCFA.U and 4 opened new positions — a net loss of 48 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $186K. The largest seller was Adage Capital Partners, exiting entirely with an estimated $18.2M sold.
- 18 institutional investors held Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (RCFA.U) as of Q1 2022, down from 66 in Q4 2021.
- Funds reported $36M of Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2022, down 83% quarter-over-quarter.
- 4 funds opened new Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2022 and 52 closed out, a net change of -48 holders.
- The largest Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q1 2022 was Clear Street, an estimated $186K added.
- The largest Perception Capital Corp. IV Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q1 2022 was Adage Capital Partners, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2022.