Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in RAAQ held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Fort Baker Capital Management LP | 1.7M | $18.1M | — | 9.967% | 1.78% |
| 2 | TENOR CAPITAL MANAGEMENT Co., L.P. | 1.3M | $13.1M | 0.0% | 7.246% | 0.20% |
| 3 | ARISTEIA CAPITAL LLC | 1.0M | $10.5M | 0.0% | 5.797% | 0.23% |
| 4 | CNH PARTNERS LLC | 805K | $8.4M | -25.1% | 4.668% | 0.14% |
| 5 | QVT Financial LP | 763K | $8.0M | — | 4.421% | 0.60% |
| 6 | Magnetar Financial LLC | 750K | $7.8M | 0.0% | 4.348% | 0.08% |
| 7 | LMR Partners LLP | 595K | $6.3M | -0.8% | 3.451% | 0.05% |
| 8 | Saba Capital Management, L.P. | 582K | $6.1M | -27.0% | 3.375% | 0.20% |
| 9 | Alberta Investment Management Corp | 550K | $5.8M | 0.0% | 3.188% | 0.04% |
| 10 | TWO SIGMA INVESTMENTS, LP | 544K | $5.7M | 0.0% | 3.152% | 0.00% |
| 11 | Hudson Bay Capital Management LP | 542K | $5.7M | -1.4% | 3.144% | 0.06% |
| 12 | Polar Asset Management Partners Inc. | 500K | $5.3M | +150.0% | 2.899% | 0.12% |
| 13 | WHITEBOX ADVISORS LLC | 500K | $5.3M | 0.0% | 2.899% | 0.08% |
| 14 | Harraden Circle Investments, LLC | 438K | $4.6M | — | 2.538% | 0.92% |
| 15 | Vivaldi Asset Management, LLC | 423K | $4.4M | -53.4% | 2.454% | 0.23% |
| 16 | Radcliffe Capital Management, L.P. | 385K | $4.0M | -0.2% | 2.233% | 0.30% |
| 17 | Context Capital Management, LLC | 300K | $3.1M | 0.0% | 1.739% | 0.07% |
| 18 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 300K | $3.1M | 0.0% | 1.739% | 0.01% |
| 19 | UBS Group AG | 287K | $3.0M | -38.7% | 1.662% | 0.00% |
| 20 | Schonfeld Strategic Advisors LLC | 280K | $2.9M | +2.2% | 1.623% | 0.02% |
| 21 | PICTON MAHONEY ASSET MANAGEMENT | 250K | $2.6M | 0.0% | 1.449% | 0.03% |
| 22 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 250K | $2.6M | -37.1% | 1.449% | 0.13% |
| 23 | Sculptor Capital LP | 244K | $2.6M | +0.1% | 1.416% | 0.03% |
| 24 | SONA ASSET MANAGEMENT (US) LLC | 243K | $2.6M | — | 1.410% | 0.09% |
| 25 | Westchester Capital Management, LLC | 215K | $2.3M | 0.0% | 1.248% | 0.11% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in RAAQ — a direct measure of their conviction.
Filings activity in RAAQ during Q1 2026, grouped by how each filer changed its position.
4 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 50 | +6.4% | 87.74% | +2.82 pp | $162M | +3.3% |
| Q4 2025 | 47 | +12% | 84.92% | +0.57 pp | $157M | +0.7% |
| Q3 2025 | 42 | +14% | 84.35% | +6.80 pp | $156M | +8.8% |
| Q2 2025 | 37 | — | 77.55% | — | $143M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying RAAQ stock.
Based on Q1 2026 13F filings, institutional ownership of Real Asset Acquisition Corp. stands at 87.7%, held across 50 reporting institutions.
Fort Baker Capital Management LP is the largest reported institutional holder of RAAQ, with approximately 1,719,359 shares worth $0.02B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of RAAQ, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for RAAQ is 62 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
10 institutions opened new positions in RAAQ during Q1 2026, while 7 fully exited. 23 added to existing positions and 17 trimmed.
RAAQ institutional ownership rose by 2.82 percentage points quarter-over-quarter, with a net change of +3 holders.
The top 10 institutions account for 55.5% of all reported 13F value in RAAQ, and the top 25 account for 89.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.