RMG Acquisition Corp.
RMG.U
RMG.U was delisted on the 29th of December, 2020.
24 hedge funds and large institutions have $79.9M invested in RMG Acquisition Corp. in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 18 closing their positions.
43% less funds holding
Funds holding: 42 → 24 (-18)
63% less capital invested
Capital invested by funds: $216M → $79.9M (-$137M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$740K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$486K |
| 3 |
Walleye Trading
New York
|
+$20.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$25.1M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$16.1M |
| 3 |
LA
Linden Advisors
New York
|
-$15M |
| 4 |
AFA
Alta Fundamental Advisers
New York
|
-$8.46M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$7.74M |
RMG.U Hedge Fund Activity: Q2 2019 in Review
24 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in RMG Acquisition Corp. (RMG.U) for Q2 2019, worth a combined $79.9M — down 63% from $216M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RMG.U and 0 opened new positions — a net loss of 18 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was Cowen Inc, adding an estimated $740K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $25.1M sold.
- 24 institutional investors held RMG Acquisition Corp. (RMG.U) as of Q2 2019, down from 42 in Q1 2019.
- Funds reported $79.9M of RMG Acquisition Corp. stock for Q2 2019, down 63% quarter-over-quarter.
- 0 funds opened new RMG Acquisition Corp. positions in Q2 2019 and 18 closed out, a net change of -18 holders.
- The largest RMG Acquisition Corp. buyer in Q2 2019 was Cowen Inc, an estimated $740K added.
- The largest RMG Acquisition Corp. seller in Q2 2019 was AQR Arbitrage, an estimated $25.1M sold.
Based on aggregated 13F filings for Q2 2019.