Republic Digital Acquisition Co
RDAG
55 hedge funds and large institutions have $271M invested in Republic Digital Acquisition Co in 2025 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
31% more funds holding
Funds holding: 42 → 55 (+13)
30% more capital invested
Capital invested by funds: $208M → $271M (+$63.1M)
21.44% more ownership
Funds ownership: 66.98% → 88.42% (+21%)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$16.1M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$15.1M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$8.72M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$7.55M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$3.44M |
| 2 |
SCM
Saba Capital Management
New York
|
-$2.57M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.56M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.28M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
51
Readystate Asset Management
Chicago,
Illinois
| $255K | +$257K | +25,000 | New |
|
|
RC
52
Rangeley Capital
New Canaan,
Connecticut
| $204K | +$206K | +20,000 | New |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| $176K | -$908K | -88,310 | -84% |
|
54
UBS Group
Zurich,
Switzerland
| $18.6K | +$18.7K | +1,819 | New |
|
55
Morgan Stanley
New York
| $500 | -$206 | -20 | -29% |
|
|
WAM
56
Weiss Asset Management
Boston,
Massachusetts
| – | -$1.16M | -112,523 | Closed |
|
|
HCM
57
Highbridge Capital Management
New York
| – | -$1.03M | -100,000 | Closed |
|
|
SC
58
Sculptor Capital
New York
| – | -$1.03M | -100,000 | Closed |
|
|
VF
59
Virtu Financial
New York
| – | -$788K | -76,673 | Closed |
|
RDAG Hedge Fund Activity: Q3 2025 in Review
55 of the 7,629 institutional investors tracked by Wall St. Rank reported a position in Republic Digital Acquisition Co (RDAG) for Q3 2025, worth a combined $271M — up 30% from $208M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RDAG positions and 4 closed out — a net gain of 13 holders — while 7 added to existing stakes and 14 trimmed.
The largest buyer was MMCAP International, opening a new position worth an estimated $16.1M. The largest seller was Glazer Capital LLC, cutting an estimated $3.44M.
- 55 institutional investors held Republic Digital Acquisition Co (RDAG) as of Q3 2025, up from 42 in Q2 2025.
- Funds reported $271M of Republic Digital Acquisition Co stock for Q3 2025, up 30% quarter-over-quarter.
- 17 funds opened new Republic Digital Acquisition Co positions in Q3 2025 and 4 closed out, a net change of +13 holders.
- The largest Republic Digital Acquisition Co buyer in Q3 2025 was MMCAP International, an estimated $16.1M added.
- The largest Republic Digital Acquisition Co seller in Q3 2025 was Glazer Capital LLC, an estimated $3.44M sold.
Based on aggregated 13F filings for Q3 2025.