RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
RMGC was delisted on the 22nd of April, 2024.
82 hedge funds and large institutions have $489M invested in RMG Acquisition Corp. III Class A Ordinary Shares in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 28 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
9% more capital invested
Capital invested by funds: $451M → $489M (+$38.8M)
14% less funds holding
Funds holding: 95 → 82 (-13)
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$54.1M |
| 2 |
JP Morgan Chase
New York
|
+$23.1M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$19.5M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$13.7M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$34.4M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$15.8M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$11.9M |
| 4 |
Millennium Management
New York
|
-$10.8M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$8.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
101
RiverPark Advisors
New York
| – | -$995K | -100,000 | Closed |
|
|
SCM
102
Segantii Capital Management
Hong Kong
| – | -$746K | -75,000 | Closed |
|
|
PI
103
PEAK6 Investments
Chicago,
Illinois
| – | -$745K | -74,981 | Closed |
|
|
WC
104
Wealthspring Capital
West Harrison,
New York
| – | -$615K | -61,832 | Closed |
|
|
GC
105
Gillson Capital
Chicago,
Illinois
| – | -$434K | -43,695 | Closed |
|
|
SIA
106
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$346K | -34,812 | Closed |
|
107
AllianceBernstein
Nashville,
Tennessee
| – | -$235K | -23,592 | Closed |
|
|
OMC
108
Old Mission Capital
Chicago,
Illinois
| – | -$1K | -12,412 | Closed |
|
109
Rockefeller Capital Management
New York
| – | -$70K | -7,100 | Closed |
|
|
CCM
110
Condor Capital Management
Martinsville,
New Jersey
| – | -$37K | -3,770 | Closed |
|
RMGC Hedge Fund Activity: Q4 2022 in Review
82 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in RMG Acquisition Corp. III Class A Ordinary Shares (RMGC) for Q4 2022, worth a combined $489M — up 8.6% from $451M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of RMGC and 15 opened new positions — a net loss of 13 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was Meteora Capital, adding an estimated $54.1M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $34.4M sold.
- 82 institutional investors held RMG Acquisition Corp. III Class A Ordinary Shares (RMGC) as of Q4 2022, down from 95 in Q3 2022.
- Funds reported $489M of RMG Acquisition Corp. III Class A Ordinary Shares stock for Q4 2022, up 8.6% quarter-over-quarter.
- 15 funds opened new RMG Acquisition Corp. III Class A Ordinary Shares positions in Q4 2022 and 28 closed out, a net change of -13 holders.
- The largest RMG Acquisition Corp. III Class A Ordinary Shares buyer in Q4 2022 was Meteora Capital, an estimated $54.1M added.
- The largest RMG Acquisition Corp. III Class A Ordinary Shares seller in Q4 2022 was Glazer Capital LLC, an estimated $34.4M sold.
Based on aggregated 13F filings for Q4 2022.