RF Acquisition Corp. Class A Common Stock
RFAC
RFAC was delisted on the 13th of February, 2025.
22 hedge funds and large institutions have $39M invested in RF Acquisition Corp. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 10 reducing their positions, and 19 closing their positions.
42% less funds holding
Funds holding: 38 → 22 (-16)
48.36% less ownership
Funds ownership: 80.22% → 31.86% (-48%)
60% less capital invested
Capital invested by funds: $97.6M → $39M (-$58.6M)
84% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 19
90% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$941K |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$531K |
| 3 |
WAM
Warberg Asset Management
Winnetka,
Illinois
|
+$176K |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$8.13M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.66M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$4.48M |
| 4 |
SCM
Saba Capital Management
New York
|
-$4.37M |
| 5 |
ASM
ATW SPAC Management
New York
|
-$4.12M |
RFAC Hedge Fund Activity: Q2 2023 in Review
22 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp. Class A Common Stock (RFAC) for Q2 2023, worth a combined $39M — down 60% from $97.6M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of RFAC and 3 opened new positions — a net loss of 16 holders — while 10 trimmed existing stakes and 1 added.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $941K. The largest seller was Periscope Capital, cutting an estimated $8.13M.
- 22 institutional investors held RF Acquisition Corp. Class A Common Stock (RFAC) as of Q2 2023, down from 38 in Q1 2023.
- Funds reported $39M of RF Acquisition Corp. Class A Common Stock stock for Q2 2023, down 60% quarter-over-quarter.
- 3 funds opened new RF Acquisition Corp. Class A Common Stock positions in Q2 2023 and 19 closed out, a net change of -16 holders.
- The largest RF Acquisition Corp. Class A Common Stock buyer in Q2 2023 was Fir Tree Capital Management, an estimated $941K added.
- The largest RF Acquisition Corp. Class A Common Stock seller in Q2 2023 was Periscope Capital, an estimated $8.13M sold.
Based on aggregated 13F filings for Q2 2023.