Recharge Acquisition Corp. Class A Common Stock
RCHG
RCHG was delisted on the 3rd of October, 2022.
58 hedge funds and large institutions have $148M invested in Recharge Acquisition Corp. Class A Common Stock in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
22% more capital invested
Capital invested by funds: $121M → $148M (+$26.9M)
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
16% more funds holding
Funds holding: 50 → 58 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.93M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4.92M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$3.19M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.01M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.12M |
| 2 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$838K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$490K |
| 4 |
RA
Ramius Advisors
New York
|
-$407K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$168K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| $51K | -$23.8K | -2,420 | -32% |
|
|
FIA
52
FNY Investment Advisers
New York
| $22K | – | – | – |
|
|
SGAM
53
Seaport Global Asset Management
New York
| $20K | – | – | – |
|
54
UBS Group
Zurich,
Switzerland
| $13K | -$30.4K | -3,092 | -70% |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $4K | +$217 | +22 | +6% |
|
56
Walleye Capital
New York
| $872 | – | – | – |
|
|
MF
57
Magnetar Financial
Evanston,
Illinois
| $432 | +$434K | +44,059 | New |
|
|
58
Bank of America
Charlotte,
North Carolina
| – | -$490K | -50,000 | Closed |
|
|
RA
59
Ramius Advisors
New York
| – | -$407K | -41,600 | Closed |
|
|
DTL
60
Dynamic Technology Lab
Singapore
| – | -$154K | -15,763 | Closed |
|
61
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$19.4K | -1,975 | -100% |
|
RCHG Hedge Fund Activity: Q2 2021 in Review
58 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Recharge Acquisition Corp. Class A Common Stock (RCHG) for Q2 2021, worth a combined $148M — up 22% from $121M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RCHG positions and 3 closed out — a net gain of 9 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $6.93M. The largest seller was Karpus Investment Management, cutting an estimated $1.12M.
- 58 institutional investors held Recharge Acquisition Corp. Class A Common Stock (RCHG) as of Q2 2021, up from 50 in Q1 2021.
- Funds reported $148M of Recharge Acquisition Corp. Class A Common Stock stock for Q2 2021, up 22% quarter-over-quarter.
- 12 funds opened new Recharge Acquisition Corp. Class A Common Stock positions in Q2 2021 and 3 closed out, a net change of +9 holders.
- The largest Recharge Acquisition Corp. Class A Common Stock buyer in Q2 2021 was Saba Capital Management, an estimated $6.93M added.
- The largest Recharge Acquisition Corp. Class A Common Stock seller in Q2 2021 was Karpus Investment Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2021.