RF Acquisition Corp. Class A Common Stock
RFAC
RFAC was delisted on the 13th of February, 2025.
38 hedge funds and large institutions have $97.6M invested in RF Acquisition Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 11 closing their positions.
2% less capital invested
Capital invested by funds: $99.2M → $97.6M (-$1.58M)
7% less funds holding
Funds holding: 41 → 38 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.4M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$5.31M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.88M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.99M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$7.16M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$4.06M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
-$3.3M |
| 4 |
Capstone Investment Advisors
New York
|
-$3.29M |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
-$2.05M |
RFAC Hedge Fund Activity: Q1 2023 in Review
38 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp. Class A Common Stock (RFAC) for Q1 2023, worth a combined $97.6M — down 1.6% from $99.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RFAC and 8 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Karpus Investment Management, adding an estimated $5.4M. The largest seller was Shaolin Capital Management, cutting an estimated $7.16M.
- 38 institutional investors held RF Acquisition Corp. Class A Common Stock (RFAC) as of Q1 2023, down from 41 in Q4 2022.
- Funds reported $97.6M of RF Acquisition Corp. Class A Common Stock stock for Q1 2023, down 1.6% quarter-over-quarter.
- 8 funds opened new RF Acquisition Corp. Class A Common Stock positions in Q1 2023 and 11 closed out, a net change of -3 holders.
- The largest RF Acquisition Corp. Class A Common Stock buyer in Q1 2023 was Karpus Investment Management, an estimated $5.4M added.
- The largest RF Acquisition Corp. Class A Common Stock seller in Q1 2023 was Shaolin Capital Management, an estimated $7.16M sold.
Based on aggregated 13F filings for Q1 2023.