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.
11 hedge funds and large institutions have $19.5M invested in Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
39% less funds holding
Funds holding: 18 → 11 (-7)
45% less capital invested
Capital invested by funds: $35.5M → $19.5M (-$16M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$730K |
| 2 |
Jane Street
New York
|
+$1.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FACM
Forest Avenue Capital Management
Miami,
Florida
|
-$5.25M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.55M |
| 3 |
CHP
Castle Hook Partners
New York
|
-$1.9M |
| 4 |
TCM
Thomist Capital Management
Houston,
Texas
|
-$1.11M |
| 5 |
TC
Teilinger Capital
Houston,
Texas
|
-$1.06M |
RONI.U Hedge Fund Activity: Q1 2023 in Review
11 of the 6,277 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 2023, worth a combined $19.5M — down 45% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RONI.U and 1 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $730K. The largest seller was Forest Avenue Capital Management, exiting entirely with an estimated $5.25M sold.
- 11 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 2023, down from 18 in Q4 2022.
- Funds reported $19.5M of Rice Acquisition Corp. II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant stock for Q1 2023, down 45% quarter-over-quarter.
- 1 fund 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 2023 and 7 closed out, a net change of -6 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 2023 was Virtu Financial, an estimated $730K 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 2023 was Forest Avenue Capital Management, an estimated $5.25M sold.
Based on aggregated 13F filings for Q1 2023.