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.
44 hedge funds and large institutions have $143M invested in Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
46% less funds holding
Funds holding: 82 → 44 (-38)
52% less capital invested
Capital invested by funds: $300M → $143M (-$157M)
86% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Teilinger Capital
Houston,
Texas
|
+$8.36M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.19M |
| 3 |
NI
NFC Investments
Memphis,
Tennessee
|
+$1.2M |
| 4 |
SCI
S&CO Inc
Boston,
Massachusetts
|
+$737K |
| 5 |
Citigroup
New York
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$27.6M |
| 2 |
CCM
Cinctive Capital Management
New York
|
-$12.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$11.2M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$10.7M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$8.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
76
Tenor Capital Management
New York
| – | -$1.02M | -100,000 | Closed |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1.02M | -99,900 | Closed |
|
78
Parallax Volatility Advisers
San Francisco,
California
| – | -$864K | -84,495 | Closed |
|
|
GF
79
Gabelli Funds
Rye,
New York
| – | -$827K | -80,900 | Closed |
|
|
GCIA
80
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$706K | -69,100 | Closed |
|
|
WP
81
Woodline Partners
San Francisco,
California
| – | -$664K | -65,000 | Closed |
|
82
Capstone Investment Advisors
New York
| – | -$511K | -50,000 | Closed |
|
|
DCM
83
Dupont Capital Management
Wilmington,
Delaware
| – | -$511K | -50,000 | Closed |
|
|
LCS
84
Levin Capital Strategies
New York
| – | -$511K | -50,000 | Closed |
|
85
Tudor Investment Corp
Stamford,
Connecticut
| – | -$428K | -41,830 | Closed |
|
|
KC
86
KCL Capital
New York
| – | -$153K | -15,000 | Closed |
|
|
WA
87
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$102K | -10,000 | Closed |
|
88
UBS Group
Zurich,
Switzerland
| – | -$4K | -368 | Closed |
|
RONI.U Hedge Fund Activity: Q3 2021 in Review
44 of the 5,712 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 Q3 2021, worth a combined $143M — down 52% from $300M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of RONI.U and 6 opened new positions — a net loss of 38 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Teilinger Capital, opening a new position worth an estimated $8.36M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $27.6M sold.
- 44 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 Q3 2021, down from 82 in Q2 2021.
- Funds reported $143M of Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q3 2021, down 52% quarter-over-quarter.
- 6 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 Q3 2021 and 44 closed out, a net change of -38 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 Q3 2021 was Teilinger Capital, an estimated $8.36M 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 Q3 2021 was Adage Capital Partners, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2021.