Mount Rainier Acquisition Corp. Unit
RNERU
RNERU was delisted on the 28th of February, 2023.
3 hedge funds and large institutions have $931K invested in Mount Rainier Acquisition Corp. Unit in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 30 closing their positions.
91% less funds holding
Funds holding: 32 → 3 (-29)
97% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 30
99% less capital invested
Capital invested by funds: $129M → $931K (-$128M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$15.3M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$15.1M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$10.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$8.32M |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$7.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| – | -$1.02M | -100,000 | Closed |
|
|
YCM
27
Yakira Capital Management
Westport,
Connecticut
| – | -$766K | -75,300 | Closed |
|
28
Millennium Management
New York
| – | -$763K | -75,000 | Closed |
|
|
CH
29
CVI Holdings
Wilmington,
Delaware
| – | -$592K | -58,227 | Closed |
|
30
D.E. Shaw & Co
New York
| – | -$581K | -57,083 | Closed |
|
|
CM
31
Cohanzick Management
Pleasantville,
New York
| – | -$515K | -50,682 | Closed |
|
|
AA
32
Ancora Advisors
Cleveland,
Ohio
| – | -$391K | -38,400 | Closed |
|
|
PCM
33
Prelude Capital Management
New York
| – | -$307K | -30,183 | Closed |
|
RNERU Hedge Fund Activity: Q1 2022 in Review
3 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Mount Rainier Acquisition Corp. Unit (RNERU) for Q1 2022, worth a combined $931K — down 99% from $129M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of RNERU and 1 opened new positions — a net loss of 29 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was State Street, opening a new position worth an estimated $195K. The largest seller was MMCAP International, exiting entirely with an estimated $15.3M sold.
- 3 institutional investors held Mount Rainier Acquisition Corp. Unit (RNERU) as of Q1 2022, down from 32 in Q4 2021.
- Funds reported $931K of Mount Rainier Acquisition Corp. Unit stock for Q1 2022, down 99% quarter-over-quarter.
- 1 fund opened new Mount Rainier Acquisition Corp. Unit positions in Q1 2022 and 30 closed out, a net change of -29 holders.
- The largest Mount Rainier Acquisition Corp. Unit buyer in Q1 2022 was State Street, an estimated $195K added.
- The largest Mount Rainier Acquisition Corp. Unit seller in Q1 2022 was MMCAP International, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2022.