RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
RMGC was delisted on the 22nd of April, 2024.
11 hedge funds and large institutions have $5.17M invested in RMG Acquisition Corp. III Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 74 closing their positions.
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
87% less funds holding
Funds holding: 82 → 11 (-71)
96% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 74
99% less capital invested
Capital invested by funds: $489M → $5.17M (-$484M)
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$306K |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$303K |
| 3 |
BHMP
Bardin Hill Management Partners
New York
|
+$28K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$15.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$54.6M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$41.3M |
| 3 |
JP Morgan Chase
New York
|
-$25.4M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$21M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$20.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MTIM
76
Marathon Trading Investment Management
Radnor,
Pennsylvania
| – | -$249K | -24,700 | Closed |
|
|
CS
77
Clear Street
New York
| – | -$205K | -20,350 | Closed |
|
|
E
78
Ergoteles
New York
| – | -$202K | -20,000 | Closed |
|
|
DIG
79
DeepCurrents Investment Group
New York
| – | -$147K | -14,539 | Closed |
|
80
Verition Fund Management
Greenwich,
Connecticut
| – | -$147K | -14,539 | Closed |
|
|
CSS
81
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$140K | -13,858 | Closed |
|
|
FC
82
Foursixthree Capital
New York
| – | -$139K | -13,779 | Closed |
|
|
KKRC
83
Kohlberg Kravis Roberts & Co
New York
| – | -$113K | -11,159 | Closed |
|
84
UBS Group
Zurich,
Switzerland
| – | -$10.5K | -1,041 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$1K | -101 | Closed |
|
RMGC Hedge Fund Activity: Q1 2023 in Review
11 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in RMG Acquisition Corp. III Class A Ordinary Shares (RMGC) for Q1 2023, worth a combined $5.17M — down 99% from $489M a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of RMGC and 3 opened new positions — a net loss of 71 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $306K. The largest seller was Meteora Capital, exiting entirely with an estimated $54.6M sold.
- 11 institutional investors held RMG Acquisition Corp. III Class A Ordinary Shares (RMGC) as of Q1 2023, down from 82 in Q4 2022.
- Funds reported $5.17M of RMG Acquisition Corp. III Class A Ordinary Shares stock for Q1 2023, down 99% quarter-over-quarter.
- 3 funds opened new RMG Acquisition Corp. III Class A Ordinary Shares positions in Q1 2023 and 74 closed out, a net change of -71 holders.
- The largest RMG Acquisition Corp. III Class A Ordinary Shares buyer in Q1 2023 was Robinson Capital Management, an estimated $306K added.
- The largest RMG Acquisition Corp. III Class A Ordinary Shares seller in Q1 2023 was Meteora Capital, an estimated $54.6M sold.
Based on aggregated 13F filings for Q1 2023.