Republic Digital Acquisition Co
RDAG
60 hedge funds and large institutions have $277M invested in Republic Digital Acquisition Co in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more funds holding
Funds holding: 55 → 60 (+5)
2.7% more ownership
Funds ownership: 88.42% → 91.12% (+2.7%)
2% more capital invested
Capital invested by funds: $271M → $277M (+$5.95M)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$6.33M |
| 2 |
D.E. Shaw & Co
New York
|
+$5.01M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$3.03M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$1.26M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCI
Harraden Circle Investments
New York
|
-$7.18M |
| 2 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$1.95M |
| 3 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$1.53M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$812K |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$758K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BI
51
Bulldog Investors
Saddle Brook,
New Jersey
| $486K | +$492K | +48,000 | New |
|
|
CS
52
Clear Street
New York
| $393K | -$305K | -29,721 | -43% |
|
|
MSU
53
Mizuho Securities USA
New York
| $292K | -$758K | -73,875 | -72% |
|
|
RAM
54
Readystate Asset Management
Chicago,
Illinois
| $253K | – | – | – |
|
|
RC
55
Rangeley Capital
New Canaan,
Connecticut
| $204K | +$1.93K | +188 | +0.9% |
|
|
AA
56
ABC Arbitrage
Paris,
France
| $203K | +$205K | +20,000 | New |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| $196K | +$22.2K | +2,162 | +13% |
|
|
PCM
58
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| $107K | +$109K | +10,600 | New |
|
59
UBS Group
Zurich,
Switzerland
| $3.75K | -$14.9K | -1,449 | -80% |
|
60
Morgan Stanley
New York
| $1.31K | +$820 | +80 | +163% |
|
|
FLC
61
Fifth Lane Capital
Austin,
Texas
| – | -$1.95M | -190,592 | Closed |
|
|
PCR
62
Potrero Capital Research
San Francisco,
California
| – | -$1.53M | -150,000 | Closed |
|
RDAG Hedge Fund Activity: Q4 2025 in Review
60 of the 8,256 institutional investors tracked by Wall St. Rank reported a position in Republic Digital Acquisition Co (RDAG) for Q4 2025, worth a combined $277M — up 2.2% from $271M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RDAG positions and 2 closed out — a net gain of 6 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Meteora Capital, adding an estimated $6.33M. The largest seller was Harraden Circle Investments, cutting an estimated $7.18M.
- 60 institutional investors held Republic Digital Acquisition Co (RDAG) as of Q4 2025, up from 55 in Q3 2025.
- Funds reported $277M of Republic Digital Acquisition Co stock for Q4 2025, up 2.2% quarter-over-quarter.
- 8 funds opened new Republic Digital Acquisition Co positions in Q4 2025 and 2 closed out, a net change of +6 holders.
- The largest Republic Digital Acquisition Co buyer in Q4 2025 was Meteora Capital, an estimated $6.33M added.
- The largest Republic Digital Acquisition Co seller in Q4 2025 was Harraden Circle Investments, an estimated $7.18M sold.
Based on aggregated 13F filings for Q4 2025.