RF Acquisition Corp. Class A Common Stock
RFAC
RFAC was delisted on the 13th of February, 2025.
7 hedge funds and large institutions have $13.9M invested in RF Acquisition Corp. Class A Common Stock in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 6 closing their positions.
42% less funds holding
Funds holding: 12 → 7 (-5)
50% less capital invested
Capital invested by funds: $28M → $13.9M (-$14.1M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$112 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.98M |
| 2 |
CAC
Cowen and Company
New York
|
-$1.74M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.38M |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$1.03M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
1
Meteora Capital
Boca Raton,
Florida
| $3.13M | -$1.03M | -92,452 | -25% |
|
|
YCM
2
Yakira Capital Management
Westport,
Connecticut
| $2.99M | – | – | – |
|
|
RCM
3
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.89M | – | – | – |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $2.7M | -$1M | -89,690 | -27% |
|
|
WRBC
5
W.R. Berkley Corp
Greenwich,
Connecticut
| $1.67M | -$761K | -68,226 | -31% |
|
|
CS
6
Clear Street
New York
| $557K | -$66.8K | -5,986 | -11% |
|
|
7
UBS Group
Zurich,
Switzerland
| $112 | +$112 | +10 | New |
|
|
KIM
8
Karpus Investment Management
Pittsford,
New York
| – | -$6.98M | -634,712 | Closed |
|
|
CAC
9
Cowen and Company
New York
| – | -$1.74M | -157,687 | Closed |
|
|
PC
10
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.38M | -124,800 | Closed |
|
|
FTCM
11
Fir Tree Capital Management
New York
| – | -$900K | -81,413 | Closed |
|
|
EAM
12
Exos Asset Management
New York
| – | -$375K | -34,134 | Closed |
|
|
DWM
13
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$118K | -10,750 | Closed |
|
RFAC Hedge Fund Activity: Q3 2024 in Review
7 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp. Class A Common Stock (RFAC) for Q3 2024, worth a combined $13.9M — down 50% from $28M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RFAC and 1 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $112. The largest seller was Karpus Investment Management, exiting entirely with an estimated $6.98M sold.
- 7 institutional investors held RF Acquisition Corp. Class A Common Stock (RFAC) as of Q3 2024, down from 12 in Q2 2024.
- Funds reported $13.9M of RF Acquisition Corp. Class A Common Stock stock for Q3 2024, down 50% quarter-over-quarter.
- 1 fund opened new RF Acquisition Corp. Class A Common Stock positions in Q3 2024 and 6 closed out, a net change of -5 holders.
- The largest RF Acquisition Corp. Class A Common Stock buyer in Q3 2024 was UBS Group, an estimated $112 added.
- The largest RF Acquisition Corp. Class A Common Stock seller in Q3 2024 was Karpus Investment Management, an estimated $6.98M sold.
Based on aggregated 13F filings for Q3 2024.