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.
19 hedge funds and large institutions have $21.9M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 4 closing their positions.
14% less funds holding
Funds holding: 22 → 19 (-3)
59% less capital invested
Capital invested by funds: $53.1M → $21.9M (-$31.3M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$116K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$59.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
-$14.8M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$9.37M |
| 3 |
Millennium Management
New York
|
-$5.81M |
| 4 |
CHP
Castle Hook Partners
New York
|
-$1.19M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$257K |
RJAC.U Hedge Fund Activity: Q3 2022 in Review
19 of the 5,828 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 Q3 2022, worth a combined $21.9M — down 59% from $53.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RJAC.U and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $116K. The largest seller was Antara Capital, exiting entirely with an estimated $14.8M sold.
- 19 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 Q3 2022, down from 22 in Q2 2022.
- Funds reported $21.9M of Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q3 2022, down 59% quarter-over-quarter.
- 1 fund 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 Q3 2022 and 4 closed out, a net change of -3 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 Q3 2022 was Virtu Financial, an estimated $116K 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 Q3 2022 was Antara Capital, an estimated $14.8M sold.
Based on aggregated 13F filings for Q3 2022.