RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
RMGC was delisted on the 22nd of April, 2024.
83 hedge funds and large institutions have $496M 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, 17 reducing their positions, and 27 closing their positions.
6% more capital invested
Capital invested by funds: $470M → $496M (+$26.7M)
4.03% more ownership
Funds ownership: 97.84% → 101.88% (+4%)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
13% less funds holding
Funds holding: 95 → 83 (-12)
44% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 27
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 |
RMGC Hedge Fund Activity: Q4 2022 in Review
83 of the 6,237 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 $496M — up 5.7% from $470M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of RMGC and 15 opened new positions — a net loss of 12 holders — while 17 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.
- 83 institutional investors held RMG Acquisition Corp. III Class A Ordinary Shares (RMGC) as of Q4 2022, down from 95 in Q3 2022.
- Funds reported $496M of RMG Acquisition Corp. III Class A Ordinary Shares stock for Q4 2022, up 5.7% quarter-over-quarter.
- 15 funds opened new RMG Acquisition Corp. III Class A Ordinary Shares positions in Q4 2022 and 27 closed out, a net change of -12 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.