Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant
RONI.U
RONI.U was delisted on the 8th of June, 2023.
26 hedge funds and large institutions have $38.6M invested in Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 9 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
10% less funds holding
Funds holding: 29 → 26 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less capital invested
Capital invested by funds: $91.7M → $38.6M (-$53.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$1.01M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$900K |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$762K |
| 4 |
VF
Virtu Financial
New York
|
+$240K |
| 5 |
WPW
Waldron Private Wealth
Bridgeville,
Pennsylvania
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$26.3M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$16M |
| 3 |
NI
NFC Investments
Memphis,
Tennessee
|
-$6.39M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$4.2M |
| 5 |
KC
Kryger Capital
London,
United Kingdom
|
-$536K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
26
Kensico Capital Management
Greenwich,
Connecticut
| – | -$26.3M | -2,500,000 | Closed |
|
|
AC
27
Aristeia Capital
Greenwich,
Connecticut
| – | -$16M | -1,525,000 | Closed |
|
|
PSAMP
28
P. Schoenfeld Asset Management (PSAM)
New York
| – | -$4.2M | -400,000 | Closed |
|
|
KC
29
Kryger Capital
London,
United Kingdom
| – | -$536K | -51,071 | Closed |
|
30
Millennium Management
New York
| – | -$310K | -29,450 | Closed |
|
31
Citigroup
New York
| – | -$263K | -25,000 | Closed |
|
|
SIA
32
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$110K | -10,500 | Closed |
|
|
WC
33
Wealthspring Capital
West Harrison,
New York
| – | -$110K | -10,500 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$1K | -117 | Closed |
|
RONI.U Hedge Fund Activity: Q1 2022 in Review
26 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (RONI.U) for Q1 2022, worth a combined $38.6M — down 58% from $91.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RONI.U and 7 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Sandia Investment Management, adding an estimated $1.01M. The largest seller was Kensico Capital Management, exiting entirely with an estimated $26.3M sold.
- 26 institutional investors held Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (RONI.U) as of Q1 2022, down from 29 in Q4 2021.
- Funds reported $38.6M of Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q1 2022, down 58% quarter-over-quarter.
- 7 funds opened new Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant positions in Q1 2022 and 9 closed out, a net change of -2 holders.
- The largest Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant buyer in Q1 2022 was Sandia Investment Management, an estimated $1.01M added.
- The largest Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant seller in Q1 2022 was Kensico Capital Management, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2022.