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Rising Dragon Acquisition Corp.
RDAC • XNAS
Rising Dragon Acquisition Corp. is a blank checks company on XNAS, with a market cap of $67.6M. As of Q3 2025, 62% of shares are held by 18 institutional investors, with Karpus Management, Inc. as the largest holder at 10.0%.
Market Cap$67.6M
BLANK CHECKS
Overview
Overview of institutional ownership in RDAC as of Q3 2025 with a market cap of $78.1M
All Institutions
- Institutions
- 18
- Value Held
- $48.8M
- Shares Held
- 4.7M
- Avg Position
- $2.7M
- Median Position
- $2.6M
Hedge Funds
- Hedge Funds
- 8
- Value Held
- $25.8M
- Shares Held
- 2.5M
- Avg Position
- $3.2M
- Median Position
- $3.6M
Ownership Breakdown
Based on market cap of $78.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in RDAC as of Q3 2025
| Institution | Position Value |
|---|---|
K Karpus Management, Inc. Institution | $7.8M 0.25% of portfolio |
 Polar Securities Inc. Hedge Fund•Multi-Strategy | $5.2M 0.16% of portfolio |
 RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $5.2M 0.31% of portfolio |
 Westchester Capital Management, LLC Hedge Fund•Merger Arb | $3.8M 0.21% of portfolio |
 BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | $3.7M 0.10% of portfolio |
A ATW SPAC MANAGEMENT LLC Institution | $3.7M 6.05% of portfolio |
 CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $3.6M 0.13% of portfolio |
 GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | $3.5M 0.16% of portfolio |
D D. E. Shaw & Co., Inc. Institution | $2.8M 0.00% of portfolio |
 BERKLEY W R CORP Institution | $2.4M 0.16% of portfolio |
Net Capital Flow
Institutional buying and selling activity for RDAC in Q3 2025
- Traded
- −$2.8M
- Buyers
- 5
- Sellers
- 5
- Total Bought
- +$602.6K
- Total Sold
- −$3.4M
- Avg Position
- $2.6M
Biggest Buyers
| Institution | Net Bought |
|---|---|
 JPMORGAN CHASE & CO Institution | +$520.3K +49.9K shares |
BERKLEY W R CORP Institution | +$52.1K +5.0K shares |
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$21.5K +2.1K shares |
 UBS Group AG Institution | +$8.7K +832.0 shares |
 MORGAN STANLEY RIA/Wealth | +$52.1 +5.0 shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 TORONTO DOMINION BANK Institution | −$3.3M −318.8K shares |
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | −$74.1K −7.1K shares |
K Karpus Management, Inc. Institution | −$62.8K −6.0K shares |
H HEIGHTS CAPITAL MANAGEMENT, INC Institution | −$8.4K −804.0 shares |
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | −$5.3K −513.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited RDAC in Q3 2025
- New Positions
- 1
- New Value
- $520.3K
- Exited Positions
- 1
- Exited Value
- $3.3M
New Positions
| Institution | Position Value |
|---|---|
JPMORGAN CHASE & CO Institution | $520.3K 49.9K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
TORONTO DOMINION BANK Institution | $3.3M 318.8K shares |
Options Activity
Institutions with the largest Call and Put options positions in RDAC as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with RDAC as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
A ATW SPAC MANAGEMENT LLC Institution | 6.05% $3.7M |
 Cable Car Capital LLC Hedge Fund•Long/Short | 1.64% $2.0M |
W Warberg Asset Management LLC Hedge Fund•Multi-Strategy | 0.95% $479.1K |
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | 0.31% $5.2M |
K Karpus Management, Inc. Institution | 0.25% $7.8M |
Westchester Capital Management, LLC Hedge Fund•Merger Arb | 0.21% $3.8M |
BERKLEY W R CORP Institution | 0.16% $2.4M |
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy | 0.16% $3.5M |
Polar Securities Inc. Hedge Fund•Multi-Strategy | 0.16% $5.2M |
H HEIGHTS CAPITAL MANAGEMENT, INC Institution | 0.14% $398.0K |
Hedge Fund Spotlight
Discover hedge funds investing in RDAC
Polar Securities Inc.
Hedge Fund • Multi-Strategy
Portfolio ManagerRichard Gregory Lemaich
- Portfolio Value
- $3.4B
- Positions
- 452
- Last Reported
- Q3 2025
Sector Allocation
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Position in Rising Dragon Acquisition Corp.
- Market Value
- $5.2M
- Shares Held
- 500.0K
- Portfolio Weight
- 0.16%
- Owned Since
- 2024-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Unknown Unknown | $282.9M | 8.42% | |
Unknown Unknown | $103.5M | 3.08% | |
Semiconductors Technology | $90.7M | 2.70% |
