Bulldog Investors LLP Takes $486,000 Position in RXR Acquisition Corp. (NASDAQ:RXRA)

Bulldog Investors LLP purchased a new stake in RXR Acquisition Corp. (NASDAQ:RXRA – Get Rating) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 49,815 shares of the company’s stock, valued at approximately $486,000. Bulldog Investors LLP owned approximately 0.12% of RXR Acquisition at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of RXRA. Tegean Capital Management LLC acquired a new position in RXR Acquisition during the fourth quarter worth approximately $488,000. Soros Fund Management LLC acquired a new position in shares of RXR Acquisition in the fourth quarter valued at approximately $1,950,000. OLD Mission Capital LLC acquired a new position in shares of RXR Acquisition in the fourth quarter valued at approximately $122,000. Robinson Capital Management LLC grew its position in shares of RXR Acquisition by 108.6% in the fourth quarter. Robinson Capital Management LLC now owns 21,506 shares of the company’s stock valued at $210,000 after purchasing an additional 11,194 shares during the last quarter. Finally, Balyasny Asset Management LLC grew its position in shares of RXR Acquisition by 3.8% in the third quarter. Balyasny Asset Management LLC now owns 200,000 shares of the company’s stock valued at $1,944,000 after purchasing an additional 7,300 shares during the last quarter. Institutional investors own 79.77% of the company’s stock.

Shares of RXR Acquisition stock traded up $9.75 on Monday, hitting $9.75. The stock had a trading volume of 3,800 shares, compared to its average volume of 31,342. RXR Acquisition Corp. has a twelve month low of $9.65 and a twelve month high of $9.95. The business’s 50 day moving average is $9.78 and its two-hundred day moving average is $9.75.

RXR Acquisition Profile (Get Rating)

RXR Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a company servicing the real estate industry. The company was incorporated in 2021 and is based in Uniondale, New York.

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