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.
23 hedge funds and large institutions have $32.7M invested in Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 26 → 23 (-3)
15% less capital invested
Capital invested by funds: $38.6M → $32.7M (-$5.85M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.76M |
| 2 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$881K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$329K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$329K |
| 5 |
JGC
J. Goldman & Co
New York
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$1.76M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.55M |
| 3 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$1.1M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$753K |
| 5 |
NI
NFC Investments
Memphis,
Tennessee
|
-$346K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SMA
26
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$275K | -27,460 | Closed |
|
|
VF
27
Virtu Financial
New York
| – | -$237K | -23,713 | Closed |
|
28
Wolverine Trading
Chicago,
Illinois
| – | -$140K | -14,000 | Closed |
|
|
CF
29
Concorde Financial
Dallas,
Texas
| – | -$10K | -1,000 | Closed |
|
|
CS
30
Clear Street
New York
| – | -$2K | -177 | Closed |
|
RONI.U Hedge Fund Activity: Q2 2022 in Review
23 of the 5,936 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 Q2 2022, worth a combined $32.7M — down 15% from $38.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RONI.U and 5 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.76M. The largest seller was Merewether Investment Management, exiting entirely with an estimated $1.76M sold.
- 23 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 Q2 2022, down from 26 in Q1 2022.
- Funds reported $32.7M of Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q2 2022, down 15% quarter-over-quarter.
- 5 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 Q2 2022 and 8 closed out, a net change of -3 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 Q2 2022 was Rivernorth Capital Management, an estimated $1.76M 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 Q2 2022 was Merewether Investment Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2022.