Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant
RKTA.U
RKTA.U was delisted on the 24th of March, 2023.
31 hedge funds and large institutions have $104M invested in Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 27 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
44% less funds holding
Funds holding: 55 → 31 (-24)
57% less capital invested
Capital invested by funds: $240M → $104M (-$136M)
89% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
JNE Partners
London,
United Kingdom
|
+$3.91M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$3.29M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$662K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PSquared Asset Management
Zurich,
Switzerland
|
-$17.5M |
| 2 |
6CM
683 Capital Management
New York
|
-$15M |
| 3 |
SC
Sculptor Capital
New York
|
-$11M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$10M |
| 5 |
LA
Linden Advisors
New York
|
-$8.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NM
51
Newtyn Management
New York
| – | -$1M | -100,000 | Closed |
|
|
RCM
52
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$1M | -100,000 | Closed |
|
|
SCM
53
Segantii Capital Management
Hong Kong
| – | -$1M | -100,000 | Closed |
|
|
TCM
54
Tenor Capital Management
New York
| – | -$1M | -100,000 | Closed |
|
|
WP
55
Woodline Partners
San Francisco,
California
| – | -$1M | -100,000 | Closed |
|
56
Capstone Investment Advisors
New York
| – | -$501K | -50,000 | Closed |
|
|
DCM
57
Dupont Capital Management
Wilmington,
Delaware
| – | -$250K | -25,000 | Closed |
|
|
MP
58
Mangrove Partners
Greenwich,
Connecticut
| – | -$100K | -10,000 | Closed |
|
RKTA.U Hedge Fund Activity: Q2 2021 in Review
31 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (RKTA.U) for Q2 2021, worth a combined $104M — down 57% from $240M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of RKTA.U and 3 opened new positions — a net loss of 24 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was JNE Partners, adding an estimated $3.91M. The largest seller was PSquared Asset Management, exiting entirely with an estimated $17.5M sold.
- 31 institutional investors held Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (RKTA.U) as of Q2 2021, down from 55 in Q1 2021.
- Funds reported $104M of Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q2 2021, down 57% quarter-over-quarter.
- 3 funds opened new Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant positions in Q2 2021 and 27 closed out, a net change of -24 holders.
- The largest Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant buyer in Q2 2021 was JNE Partners, an estimated $3.91M added.
- The largest Rocket Internet Growth Opportunities Corp. Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant seller in Q2 2021 was PSquared Asset Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2021.