Who owns Real Asset Acquisition (RAAQ)
Which tracked institutional funds hold RAAQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RAAQ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on RAAQ is one-sided between 2026-Q1 and 2026-Q2: 11 added or opened and 33 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
RAAQ’s largest tracked holder by dollar value, Fort Baker Capital Management LP, sizes it at 1.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RAAQ divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 39 tracked filers holding RAAQ, 23 increased or opened the position and 37 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in RAAQ between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 5
- Feynman Point Asset Management LLC$5M
- Anson Funds Management LP$3M
- Union Square Park Capital Management, LLC$2M
- TUDOR INVESTMENT CORP ET AL$2M
- PEAK6 LLC$540K
Full exits 20
- Fort Baker Capital Management LP$19M
- TENOR CAPITAL MANAGEMENT Co., L.P.$14M
- TWO SIGMA INVESTMENTS, LP$6M
- Harraden Circle Investments, LLC$5M
- First Trust Capital Management L.P.$4M
- Radcliffe Capital Management, L.P.$4M
Largest adds
- QVT Financial LP$7M
- Centiva Capital, LP$3M
- Hudson Bay Capital Management LP$3M
- Sculptor Capital LP$3M
- Alberta Investment Management Corp$800K
- Walleye Capital LLC$636K
Largest trims
- ARISTEIA CAPITAL, L.L.C.$10M
- AQR Arbitrage LLC$7M
- Magnetar Financial LLC$7M
- Saba Capital Management, L.P.$6M
- LMR Partners LLP$5M
- WHITEBOX ADVISORS LLC$5M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| QVT Financial LP added | 1,398,027 | $15M | 9.6% | 2026-Q2 |
| Hudson Bay Capital Management LP added | 850,000 | $9M | 5.6% | 2026-Q2 |
| Alberta Investment Management Corp | 550,000 | $6M | 3.8% | 2026-Q2 |
| Sculptor Capital LP added | 504,603 | $5M | 3.5% | 2026-Q2 |
| Feynman Point Asset Management LLC new | 490,425 | $5M | 3.4% | 2026-Q2 |
| Anson Funds Management LP new | 300,000 | $3M | 2.1% | 2026-Q2 |
| Centiva Capital, LP added | 295,000 | $3M | 2.0% | 2026-Q2 |
| Polar Asset Management Partners Inc. trimmed | 288,466 | $3M | 2.0% | 2026-Q2 |
| AQR Arbitrage LLC trimmed | 528,533 | $2M | 1.2% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. trimmed | 478,768 | $2M | 1.1% | 2026-Q2 |
| MOORE CAPITAL MANAGEMENT, LP | 150,000 | $2M | 1.0% | 2026-Q2 |
| LMR Partners LLP trimmed | 419,245 | $2M | 1.0% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL new | 140,446 | $2M | 1.0% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 400,000 | $1M | 0.9% | 2026-Q2 |
| Magnetar Financial LLC trimmed | 375,000 | $1M | 0.9% | 2026-Q2 |
| Union Square Park Capital Management, LLC new | 100,000 | $1M | 0.7% | 2026-Q2 |
| D. E. Shaw & Co., Inc. | 100,000 | $1M | 0.7% | 2026-Q2 |
| Clear Street Group Inc. added | 298,632 | $1M | 0.7% | 2026-Q2 |
| Walleye Capital LLC added | 263,301 | $953K | 0.6% | 2026-Q2 |
| Saba Capital Management, L.P. trimmed | 87,118 | $941K | 0.6% | 2026-Q2 |
| WHITEBOX ADVISORS LLC trimmed | 250,000 | $905K | 0.6% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 189,100 | $685K | 0.4% | 2026-Q2 |
| Linden Advisors LP | 150,000 | $547K | 0.3% | 2026-Q2 |
| DLD Asset Management, LP trimmed | 50,000 | $540K | 0.3% | 2026-Q2 |
| PEAK6 LLC new | 50,000 | $540K | 0.3% | 2026-Q2 |
| Shaolin Capital Management LLC added | 129,343 | $468K | 0.3% | 2026-Q2 |
| Governors Lane LP trimmed | 122,450 | $443K | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ new | 40,000 | $432K | 0.3% | 2026-Q2 |
| Shay Capital LLC new | 25,725 | $278K | 0.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC | 19,025 | $205K | 0.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 15,000 | $162K | 0.1% | 2026-Q2 |
| UBS Group AG trimmed | 13,968 | $151K | 0.1% | 2026-Q2 |
| Corient Private Wealth LP new | 10,000 | $108K | 0.1% | 2026-Q2 |
| Rangeley Capital, LLC | 10,000 | $108K | 0.1% | 2026-Q2 |
| Parallax Volatility Advisers, L.P. trimmed | 10,000 | $36K | 0.0% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec new | 1,000 | $11K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. new | 100 | $1K | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 62 | $670 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd | 1 | $11 | 0.0% | 2026-Q2 |
| Fort Baker Capital Management LP new | 1,719,359 | $18M | 11.5% | 2026-Q1 stale (1 quarter behind) |
| TENOR CAPITAL MANAGEMENT Co., L.P. added | 1,250,000 | $13M | 8.4% | 2026-Q1 stale (1 quarter behind) |
| TWO SIGMA INVESTMENTS, LP | 543,750 | $6M | 3.6% | 2026-Q1 stale (1 quarter behind) |
| Harraden Circle Investments, LLC added | 437,747 | $5M | 2.9% | 2026-Q1 stale (1 quarter behind) |
| First Trust Capital Management L.P. trimmed | 423,342 | $4M | 2.8% | 2026-Q1 stale (1 quarter behind) |
| Radcliffe Capital Management, L.P. trimmed | 385,249 | $4M | 2.6% | 2026-Q1 stale (1 quarter behind) |
| Context Capital Management, LLC added | 300,000 | $3M | 2.0% | 2026-Q1 stale (1 quarter behind) |
| RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed | 250,000 | $3M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| PICTON MAHONEY ASSET MANAGEMENT | 250,000 | $3M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| SONA ASSET MANAGEMENT (US) LLC new | 243,252 | $3M | 1.6% | 2026-Q1 stale (1 quarter behind) |
| Westchester Capital Management, LLC | 215,312 | $2M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC trimmed | 200,661 | $2M | 1.3% | 2026-Q1 stale (1 quarter behind) |
| CSS LLC/IL trimmed | 177,685 | $2M | 1.2% | 2026-Q1 stale (1 quarter behind) |
| METEORA CAPITAL, LLC added | 161,387 | $2M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| Periscope Capital Inc. trimmed | 125,000 | $1M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP trimmed | 99,992 | $1M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC trimmed | 95,000 | $998K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| K2 PRINCIPAL FUND, L.P. trimmed | 63,857 | $670K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 53,455 | $561K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| O'Connor Alternative Investments LLC new | 50,000 | $524K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| CANTOR FITZGERALD, L. P. | 25,900 | $272K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| TORONTO DOMINION BANK trimmed | 22,996 | $241K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 17,019 | $179K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Lineage Point Capital LP new | 133,330 | $177K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| T3 Companies, LLC trimmed | 10,727 | $113K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Kepos Capital LP new | 8,200 | $86K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Thomas J. Herzfeld Advisors, Inc. new | 4,166 | $6K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 354,563 | $4M | 2.3% | 2025-Q4 stale (2 quarters behind) |
| Wealthspring Capital LLC trimmed | 131,650 | $1M | 0.9% | 2025-Q4 stale (2 quarters behind) |
| Verition Fund Management LLC trimmed | 91,062 | $929K | 0.6% | 2025-Q4 stale (2 quarters behind) |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) new | 89,610 | $914K | 0.6% | 2025-Q4 stale (2 quarters behind) |
| MIZUHO SECURITIES USA LLC added | 76,576 | $784K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| FIFTH LANE CAPITAL, LP new | 35,000 | $357K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Tuttle Capital Management, LLC | 30,000 | $309K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| CLEAR STREET LLC new | 130,976 | $1M | 0.8% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.