Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
RJAC.U
RJAC.U was delisted on the 8th of June, 2023.
28 hedge funds and large institutions have $69.8M invested in Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 37 closing their positions.
56% less funds holding
Funds holding: 63 → 28 (-35)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
68% less capital invested
Capital invested by funds: $216M → $69.8M (-$146M)
95% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$46.6K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$13.3K |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$9.97K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$389 |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$50 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$12.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$11M |
| 3 |
SCM
Saba Capital Management
New York
|
-$10.5M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$9.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$9.55M |
RJAC.U Hedge Fund Activity: Q1 2022 in Review
28 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (RJAC.U) for Q1 2022, worth a combined $69.8M — down 68% from $216M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of RJAC.U and 2 opened new positions — a net loss of 35 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Wealthspring Capital, adding an estimated $46.6K. The largest seller was Citadel Advisors, exiting entirely with an estimated $12.6M sold.
- 28 institutional investors held Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (RJAC.U) as of Q1 2022, down from 63 in Q4 2021.
- Funds reported $69.8M of Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2022, down 68% quarter-over-quarter.
- 2 funds opened new Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q1 2022 and 37 closed out, a net change of -35 holders.
- The largest Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q1 2022 was Wealthspring Capital, an estimated $46.6K added.
- The largest Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q1 2022 was Citadel Advisors, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2022.