RMG Acquisition Corp.
RMG.U
RMG.U was delisted on the 29th of December, 2020.
16 hedge funds and large institutions have $40.7M invested in RMG Acquisition Corp. in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
11% less funds holding
Funds holding: 18 → 16 (-2)
23% less capital invested
Capital invested by funds: $52.9M → $40.7M (-$12.2M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$506K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$14.2K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$10.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$354 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.49M |
| 2 |
CIM
Cowen Investment Management
New York
|
-$2.02M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.53M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$1.02M |
| 5 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$54.1K |
RMG.U Hedge Fund Activity: Q1 2020 in Review
16 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in RMG Acquisition Corp. (RMG.U) for Q1 2020, worth a combined $40.7M — down 23% from $52.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RMG.U and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, adding an estimated $506K. The largest seller was Deutsche Bank, exiting entirely with an estimated $4.49M sold.
- 16 institutional investors held RMG Acquisition Corp. (RMG.U) as of Q1 2020, down from 18 in Q4 2019.
- Funds reported $40.7M of RMG Acquisition Corp. stock for Q1 2020, down 23% quarter-over-quarter.
- 2 funds opened new RMG Acquisition Corp. positions in Q1 2020 and 3 closed out, a net change of -1 holder.
- The largest RMG Acquisition Corp. buyer in Q1 2020 was Wolverine Asset Management, an estimated $506K added.
- The largest RMG Acquisition Corp. seller in Q1 2020 was Deutsche Bank, an estimated $4.49M sold.
Based on aggregated 13F filings for Q1 2020.