RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
RMGC was delisted on the 22nd of April, 2024.
95 hedge funds and large institutions have $470M invested in RMG Acquisition Corp. III Class A Ordinary Shares in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 9 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
8% more capital invested
Capital invested by funds: $434M → $470M (+$35.5M)
6.43% more ownership
Funds ownership: 91.42% → 97.84% (+6.4%)
2% less funds holding
Funds holding: 97 → 95 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$24.6M |
| 2 |
MMA
Mizuho Markets Americas
New York
|
+$17.1M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.6M |
| 4 |
Millennium Management
New York
|
+$6.63M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$17.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.41M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$7.41M |
| 4 |
D.E. Shaw & Co
New York
|
-$4.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$3.95M |
RMGC Hedge Fund Activity: Q3 2022 in Review
95 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in RMG Acquisition Corp. III Class A Ordinary Shares (RMGC) for Q3 2022, worth a combined $470M — up 8.2% from $434M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RMGC and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 21 added.
The largest buyer was Glazer Capital LLC, adding an estimated $24.6M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $17.6M sold.
- 95 institutional investors held RMG Acquisition Corp. III Class A Ordinary Shares (RMGC) as of Q3 2022, down from 97 in Q2 2022.
- Funds reported $470M of RMG Acquisition Corp. III Class A Ordinary Shares stock for Q3 2022, up 8.2% quarter-over-quarter.
- 8 funds opened new RMG Acquisition Corp. III Class A Ordinary Shares positions in Q3 2022 and 9 closed out, a net change of -1 holder.
- The largest RMG Acquisition Corp. III Class A Ordinary Shares buyer in Q3 2022 was Glazer Capital LLC, an estimated $24.6M added.
- The largest RMG Acquisition Corp. III Class A Ordinary Shares seller in Q3 2022 was Highbridge Capital Management, an estimated $17.6M sold.
Based on aggregated 13F filings for Q3 2022.