RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc
RMG.WS
RMG.WS was delisted on the 29th of December, 2020.
31 hedge funds and large institutions have $11.5M invested in RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.
157% more capital invested
Capital invested by funds: $4.46M → $11.5M (+$7M)
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
15% more funds holding
Funds holding: 27 → 31 (+4)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$761K |
| 2 |
CAC
Cowen and Company
New York
|
+$205K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$94.7K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$90.2K |
| 5 |
AGC
Angelo Gordon & Co
New York
|
+$64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$135K |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$109K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$88.8K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$29.1K |
| 5 |
KC
Kepos Capital
New York
|
-$21.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BI
26
Bulldog Investors
Saddle Brook,
New Jersey
| $47K | – | – | – |
|
|
RCM
27
Ratan Capital Management
Miami Beach,
Florida
| $40K | +$25.5K | +18,833 | New |
|
|
CCA
28
Castle Creek Arbitrage
Avon,
Colorado
| $35K | +$22.6K | +16,666 | New |
|
|
PAM
29
Panagora Asset Management
Boston,
Massachusetts
| $16K | +$8.04K | +5,941 | +438% |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| $5K | -$29.1K | -21,478 | -89% |
|
31
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $3K | – | – | – |
|
|
PMAM
32
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$109K | -111,666 | Closed |
|
|
BCM
33
Basso Capital Management
Stamford,
Connecticut
| – | -$19K | -19,380 | Closed |
|
34
Stifel Financial
St. Louis,
Missouri
| – | -$11K | -11,666 | Closed |
|
RMG.WS Hedge Fund Activity: Q3 2020 in Review
31 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc (RMG.WS) for Q3 2020, worth a combined $11.5M — up 157% from $4.46M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RMG.WS positions and 3 closed out — a net gain of 4 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $761K. The largest seller was AQR Arbitrage, cutting an estimated $135K.
- 31 institutional investors held RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc (RMG.WS) as of Q3 2020, up from 27 in Q2 2020.
- Funds reported $11.5M of RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc stock for Q3 2020, up 157% quarter-over-quarter.
- 7 funds opened new RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc positions in Q3 2020 and 3 closed out, a net change of +4 holders.
- The largest RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc buyer in Q3 2020 was BlackRock, an estimated $761K added.
- The largest RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc seller in Q3 2020 was AQR Arbitrage, an estimated $135K sold.
Based on aggregated 13F filings for Q3 2020.