RF Acquisition Corp. Unit
RFACU
RFACU was delisted on the 13th of February, 2025.
2 hedge funds and large institutions have $141K invested in RF Acquisition Corp. Unit in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 0 reducing their positions, and 7 closing their positions.
75% less funds holding
Funds holding: 8 → 2 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
98% less capital invested
Capital invested by funds: $7.81M → $141K (-$7.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.59M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$3.08M |
| 3 |
PCM
Prelude Capital Management
New York
|
-$589K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$421K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
1
Spartan Fund Management
Toronto, Ontario,
Canada
| $141K | +$140K | +13,619 | New |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$3.59M | -350,000 | Closed |
|
|
YCM
3
Yakira Capital Management
Westport,
Connecticut
| – | -$3.08M | -300,000 | Closed |
|
|
PCM
4
Prelude Capital Management
New York
| – | -$589K | -57,808 | Closed |
|
|
SIA
5
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$421K | -41,350 | Closed |
|
|
GCL
6
Glazer Capital LLC
New York
| – | -$103K | -10,122 | Closed |
|
7
UBS Group
Zurich,
Switzerland
| – | -$11.9K | -1,166 | Closed |
|
|
CS
8
Clear Street
New York
| – | -$7K | -700 | Closed |
|
RFACU Hedge Fund Activity: Q1 2023 in Review
2 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in RF Acquisition Corp. Unit (RFACU) for Q1 2023, worth a combined $141K — down 98% from $7.81M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RFACU and 1 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $140K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.59M sold.
- 2 institutional investors held RF Acquisition Corp. Unit (RFACU) as of Q1 2023, down from 8 in Q4 2022.
- Funds reported $141K of RF Acquisition Corp. Unit stock for Q1 2023, down 98% quarter-over-quarter.
- 1 fund opened new RF Acquisition Corp. Unit positions in Q1 2023 and 7 closed out, a net change of -6 holders.
- The largest RF Acquisition Corp. Unit buyer in Q1 2023 was Spartan Fund Management, an estimated $140K added.
- The largest RF Acquisition Corp. Unit seller in Q1 2023 was Rivernorth Capital Management, an estimated $3.59M sold.
Based on aggregated 13F filings for Q1 2023.