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.
10 hedge funds and large institutions have $5.9M invested in Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 2 reducing their positions, and 5 closing their positions.
6% less capital invested
Capital invested by funds: $6.3M → $5.9M (-$401K)
23% less funds holding
Funds holding: 13 → 10 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$483K |
| 2 |
CS
Clear Street
New York
|
+$35.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
III Capital Management
Boca Raton,
Florida
|
-$507K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$254K |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$142K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$81.8K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$25.5K |
RJAC.U Hedge Fund Activity: Q1 2023 in Review
10 of the 6,283 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 2023, worth a combined $5.9M — down 6.4% from $6.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RJAC.U and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $483K. The largest seller was III Capital Management, exiting entirely with an estimated $507K sold.
- 10 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 2023, down from 13 in Q4 2022.
- Funds reported $5.9M of Jackson Acquisition Company Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2023, down 6.4% 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 2023 and 5 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 Q1 2023 was Glazer Capital LLC, an estimated $483K 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 2023 was III Capital Management, an estimated $507K sold.
Based on aggregated 13F filings for Q1 2023.