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RNER

Mount Rainier Acquisition Corp. Common Stock

Delisted

RNER was delisted on the 28th of February, 2023.

5 hedge funds and large institutions have $11.2M invested in Mount Rainier Acquisition Corp. Common Stock in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

87% less funds holding

Funds holding: 385 (-33)

92% less capital invested

Capital invested by funds: $149M → $11.2M (-$138M)

97% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 34

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
5
Holders Change
-33
Holders Change %
-86.84%
% of All Funds
0.08%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
1
Increased
1
Reduced
2
Closed
34
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MI
1
MMCAP International
Cayman Islands
$5.15M -$10.3M -1,000,000 -67%
PC
2
Periscope Capital
Ontario, Canada
$3.43M -$10M -975,938 -75%
PAMP
3
Polar Asset Management Partners
Ontario, Canada
$1.48M
CS
4
Clear Street
New York
$1.17M +$969K +94,433 New
UBS Group
5
UBS Group
Switzerland
$20.7K +$2.63K +256 +18%
HCM
6
Highbridge Capital Management
New York
-$12.1M -1,200,669 Closed
Hudson Bay Capital Management
7
Hudson Bay Capital Management
Connecticut
-$10.5M -1,039,460 Closed
Marshall Wace
8
Marshall Wace
United Kingdom
-$8.27M -818,281 Closed
AIMCA
9
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
-$7.07M -700,000 Closed
SV
10
Starboard Value
New York
-$6.44M -637,964 Closed
SCM
11
Shaolin Capital Management
Florida
-$6.33M -626,498 Closed
Nomura Holdings
12
Nomura Holdings
Japan
-$6.05M -600,000 Closed
GCL
13
Glazer Capital LLC
New York
-$5.59M -554,379 Closed
FTCM
14
Fir Tree Capital Management
New York
-$5.55M -549,689 Closed
WCMNY
15
Westchester Capital Management (New York)
New York
-$5.05M -499,967 Closed
CSS
16
Cubist Systematic Strategies
Connecticut
-$4.84M -479,217 Closed
WA
17
Whitebox Advisors
Minnesota
-$4.54M -450,000 Closed
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
-$4.21M -416,578 Closed
WAM
19
Wolverine Asset Management
Illinois
-$3.73M -369,480 Closed
Goldman Sachs
20
Goldman Sachs
New York
-$3.63M -360,516 Closed
WRBC
21
W.R. Berkley Corp
Connecticut
-$3.6M -357,123 Closed
WAM
22
Weiss Asset Management
Massachusetts
-$3.57M -353,736 Closed
MC
23
Meteora Capital
Florida
-$3.28M -325,000 Closed
SCM
24
Saba Capital Management
New York
-$2.34M -232,103 Closed
RCM
25
Rivernorth Capital Management
Florida
-$2.27M -225,000 Closed

RNER Hedge Fund Activity: Q4 2022 in Review

5 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Mount Rainier Acquisition Corp. Common Stock (RNER) for Q4 2022, worth a combined $11.2M — down 92% from $149M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of RNER and 1 opened new positions — a net loss of 33 holders — while 2 trimmed existing stakes and 1 added.

The largest buyer was Clear Street, opening a new position worth an estimated $969K. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $12.1M sold.

  • 5 institutional investors held Mount Rainier Acquisition Corp. Common Stock (RNER) as of Q4 2022, down from 38 in Q3 2022.
  • Funds reported $11.2M of Mount Rainier Acquisition Corp. Common Stock stock for Q4 2022, down 92% quarter-over-quarter.
  • 1 fund opened new Mount Rainier Acquisition Corp. Common Stock positions in Q4 2022 and 34 closed out, a net change of -33 holders.
  • The largest Mount Rainier Acquisition Corp. Common Stock buyer in Q4 2022 was Clear Street, an estimated $969K added.
  • The largest Mount Rainier Acquisition Corp. Common Stock seller in Q4 2022 was Highbridge Capital Management, an estimated $12.1M sold.

Based on aggregated 13F filings for Q4 2022.