Recharge Acquisition Corp. Unit
RCHGU
RCHGU was delisted on the 4th of October, 2022.
18 hedge funds and large institutions have $42.6M invested in Recharge Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 18 closing their positions.
42% less funds holding
Funds holding: 31 → 18 (-13)
52% less capital invested
Capital invested by funds: $88.1M → $42.6M (-$45.5M)
72% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 18
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.61M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$259K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$217K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$36.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$24.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10.7M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$6.28M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$5.45M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.93M |
| 5 |
Jane Street
New York
|
-$2.67M |
RCHGU Hedge Fund Activity: Q1 2021 in Review
18 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Recharge Acquisition Corp. Unit (RCHGU) for Q1 2021, worth a combined $42.6M — down 52% from $88.1M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RCHGU and 5 opened new positions — a net loss of 13 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $1.61M. The largest seller was Periscope Capital, exiting entirely with an estimated $10.7M sold.
- 18 institutional investors held Recharge Acquisition Corp. Unit (RCHGU) as of Q1 2021, down from 31 in Q4 2020.
- Funds reported $42.6M of Recharge Acquisition Corp. Unit stock for Q1 2021, down 52% quarter-over-quarter.
- 5 funds opened new Recharge Acquisition Corp. Unit positions in Q1 2021 and 18 closed out, a net change of -13 holders.
- The largest Recharge Acquisition Corp. Unit buyer in Q1 2021 was Deutsche Bank, an estimated $1.61M added.
- The largest Recharge Acquisition Corp. Unit seller in Q1 2021 was Periscope Capital, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2021.