RMG Acquisition Corp.
RMG.U
RMG.U was delisted on the 29th of December, 2020.
10 hedge funds and large institutions have $8.19M invested in RMG Acquisition Corp. in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 8 closing their positions.
38% less funds holding
Funds holding: 16 → 10 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
79% less capital invested
Capital invested by funds: $38.7M → $8.19M (-$30.5M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$2.09M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$819K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$17.7M |
| 2 |
Millennium Management
New York
|
-$5.24M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.06M |
| 4 |
AGC
Angelo Gordon & Co
New York
|
-$3.14M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.17M |
RMG.U Hedge Fund Activity: Q3 2020 in Review
10 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in RMG Acquisition Corp. (RMG.U) for Q3 2020, worth a combined $8.19M — down 79% from $38.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RMG.U and 2 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Mint Tower Capital Management, opening a new position worth an estimated $2.09M. The largest seller was BlackRock, exiting entirely with an estimated $17.7M sold.
- 10 institutional investors held RMG Acquisition Corp. (RMG.U) as of Q3 2020, down from 16 in Q2 2020.
- Funds reported $8.19M of RMG Acquisition Corp. stock for Q3 2020, down 79% quarter-over-quarter.
- 2 funds opened new RMG Acquisition Corp. positions in Q3 2020 and 8 closed out, a net change of -6 holders.
- The largest RMG Acquisition Corp. buyer in Q3 2020 was Mint Tower Capital Management, an estimated $2.09M added.
- The largest RMG Acquisition Corp. seller in Q3 2020 was BlackRock, an estimated $17.7M sold.
Based on aggregated 13F filings for Q3 2020.