R
Real Asset Acquisition Corp. Class A Ordinary Share
RAAQ • NASDAQ
Real Asset Acquisition Corp. Class A Ordinary Share is a blank checks company on NASDAQ, with a market cap of $235.3M. As of Q3 2025, 70% of shares are held by 40 institutional investors, with TENOR CAPITAL MANAGEMENT Co., L.P. as the largest holder at 5.43%.
Market Cap$235.3M
BLANK CHECKS
Overview
Overview of institutional ownership in RAAQ as of Q3 2025 with a market cap of $233.0M
All Institutions
- Institutions
- 40
- Value Held
- $162.7M
- Shares Held
- 15.9M
- Avg Position
- $4.1M
- Median Position
- $3.1M
Hedge Funds
- Hedge Funds
- 26
- Value Held
- $120.1M
- Shares Held
- 11.8M
- Avg Position
- $4.6M
- Median Position
- $3.4M
Ownership Breakdown
Based on market cap of $233.0M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in RAAQ as of Q3 2025
| Institution | Position Value |
|---|---|
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | $12.7M 1.57% of portfolio |
 CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $10.9M 0.41% of portfolio |
 ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | $10.3M 0.51% of portfolio |
 Meteora Capital, LLC Hedge Fund•Event Driven | $9.2M 1.23% of portfolio |
 Vivaldi Asset Management, LLC Fund of Funds | $9.2M 0.61% of portfolio |
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy | $8.1M 0.27% of portfolio |
 Magnetar Financial LLC Hedge Fund•Multi-Strategy | $7.7M 0.05% of portfolio |
 Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | $6.7M 0.05% of portfolio |
 GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | $6.2M 0.28% of portfolio |
L LMR Partners LLP Institution | $6.2M 0.12% of portfolio |
Net Capital Flow
Institutional buying and selling activity for RAAQ in Q3 2025
- Traded
- +$10.5M
- Buyers
- 15
- Sellers
- 9
- Total Bought
- +$24.3M
- Total Sold
- −$13.8M
- Avg Position
- $3.9M
Biggest Buyers
| Institution | Net Bought |
|---|---|
Meteora Capital, LLC Hedge Fund•Event Driven | +$6.6M +648.3K shares |
 RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | +$3.0M +297.5K shares |
 GOLDMAN SACHS GROUP INC Institution | +$2.9M +282.5K shares |
 Wealthspring Capital LLC Hedge Fund•Event Driven | +$2.1M +205.9K shares |
+$2.0M +195.7K shares | |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | +$1.7M +170.0K shares |
 Governors Lane LP Hedge Fund•Event Driven | +$1.1M +112.0K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | +$1.1M +107.3K shares |
 PERISCOPE CAPITAL INC. Institution | +$1.0M +100.0K shares |
 DLD Asset Management, LP Hedge Fund•Multi-Strategy | +$1.0M +99.7K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | −$4.0M −394.6K shares |
 TORONTO DOMINION BANK Institution | −$3.6M −357.5K shares |
 OZ MANAGEMENT LP Hedge Fund•Multi-Strategy | −$2.5M −249.6K shares |
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | −$1.0M −101.7K shares |
 Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | −$1.0M −100.0K shares |
 UBS OCONNOR LLC Long Only Manager | −$910.8K −89.6K shares |
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$469.0K −46.3K shares |
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy | −$255.5K −25.0K shares |
 MORGAN STANLEY RIA/Wealth | −$284.7 −28.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited RAAQ in Q3 2025
- New Positions
- 8
- New Value
- $12.0M
- Exited Positions
- 2
- Exited Value
- $1.9M
New Positions
| Institution | Position Value |
|---|---|
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $3.0M 297.5K shares |
GOLDMAN SACHS GROUP INC Institution | $2.9M 282.5K shares |
Wealthspring Capital LLC Hedge Fund•Event Driven | $2.1M 205.9K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | $1.1M 107.3K shares |
PERISCOPE CAPITAL INC. Institution | $1.0M 100.0K shares |
DLD Asset Management, LP Hedge Fund•Multi-Strategy | $1.0M 99.7K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $578.2K 57.0K shares |
 UBS Group AG Institution | $302.4K 29.8K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | $1.0M 101.7K shares |
UBS OCONNOR LLC Long Only Manager | $910.8K 89.6K shares |
Options Activity
Institutions with the largest Call and Put options positions in RAAQ as of Q3 2025
- Call Positions
- 1
- Call Value
- $22.4K
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
DLD Asset Management, LP Hedge Fund•Multi-Strategy | $22.4K 498.3 contracts |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with RAAQ as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 Context Capital Management, LLC Hedge Fund•Convert Bond Arb | 1.64% $3.1M |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | 1.57% $12.7M |
Meteora Capital, LLC Hedge Fund•Event Driven | 1.23% $9.2M |
 Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | 0.87% $3.9M |
C CSS LLC/IL Institution | 0.68% $3.9M |
Governors Lane LP Hedge Fund•Event Driven | 0.62% $4.4M |
Vivaldi Asset Management, LLC Fund of Funds | 0.61% $9.2M |
Wealthspring Capital LLC Hedge Fund•Event Driven | 0.59% $2.1M |
ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | 0.51% $10.3M |
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | 0.51% $2.3M |
Hedge Fund Spotlight
Discover hedge funds investing in RAAQ
Radcliffe Capital Management, L.P.
Hedge Fund • Multi-Strategy
Portfolio ManagerSteve Brett Katznelson
- Portfolio Value
- $452.3M
- Positions
- 143
- Last Reported
- Q3 2025
Sector Allocation
R
Position in Real Asset Acquisition Corp. Class A Ordinary Share
- Market Value
- $3.9M
- Shares Held
- 384.6K
- Portfolio Weight
- 0.87%
- Owned Since
- 2025-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Unknown Unknown | $9.5M | 2.10% | |
Unknown Unknown | $8.6M | 1.89% | |
Unknown Unknown | $6.7M | 1.49% |
