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.
22 hedge funds and large institutions have $53.1M 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 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 8 closing their positions.
21% less funds holding
Funds holding: 28 → 22 (-6)
24% less capital invested
Capital invested by funds: $69.8M → $53.1M (-$16.7M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$186K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$181K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$48.7K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$19.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$5M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.99M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.8M |
| 4 |
Millennium Management
New York
|
-$2.01M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2M |
RJAC.U Hedge Fund Activity: Q2 2022 in Review
22 of the 5,959 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 Q2 2022, worth a combined $53.1M — down 24% from $69.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RJAC.U and 2 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $186K. The largest seller was Sculptor Capital, exiting entirely with an estimated $5M sold.
- 22 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 Q2 2022, down from 28 in Q1 2022.
- Funds reported $53.1M of Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q2 2022, down 24% 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 Q2 2022 and 8 closed out, a net change of -6 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 Q2 2022 was Wolverine Asset Management, an estimated $186K 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 Q2 2022 was Sculptor Capital, an estimated $5M sold.
Based on aggregated 13F filings for Q2 2022.