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.
18 hedge funds and large institutions have $35.5M invested in Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $40.7M → $35.5M (-$5.15M)
18% less funds holding
Funds holding: 22 → 18 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.71M |
| 2 |
TCM
Thomist Capital Management
Houston,
Texas
|
+$1.07M |
| 3 |
CS
Clear Street
New York
|
+$696K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$296K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Teilinger Capital
Houston,
Texas
|
-$6.33M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$2.47M |
| 3 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$1.83M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.35M |
| 5 |
CHP
Castle Hook Partners
New York
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$3K | -296 | Closed |
|
|
CWM
27
Castle Wealth Management
West Palm Beach,
Florida
| – | -$1K | -100 | Closed |
|
RONI.U Hedge Fund Activity: Q4 2022 in Review
18 of the 6,223 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 Q4 2022, worth a combined $35.5M — down 13% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RONI.U and 5 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.71M. The largest seller was Teilinger Capital, cutting an estimated $6.33M.
- 18 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 Q4 2022, down from 22 in Q3 2022.
- Funds reported $35.5M of Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q4 2022, down 13% 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 Q4 2022 and 9 closed out, a net change of -4 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 Q4 2022 was Rivernorth Capital Management, an estimated $1.71M 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 Q4 2022 was Teilinger Capital, an estimated $6.33M sold.
Based on aggregated 13F filings for Q4 2022.