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Rigel Pharmaceuticals

117 hedge funds and large institutions have $164M invested in Rigel Pharmaceuticals in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,976% more call options, than puts

Call options by funds: $1.04M | Put options by funds: $50K

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

6% more capital invested

Capital invested by funds: $155M → $164M (+$9.14M)

4% more funds holding

Funds holding: 112117 (+5)

0.22% more ownership

Funds ownership: 6.11%6.33% (+0.22%)

8% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 38

Holders
117
Holders Change
+5
Holders Change %
+4.46%
% of All Funds
1.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
35
Reduced
38
Closed
12
Calls
$1.04M
Puts
$50K
Net Calls
+$988K
Net Calls Change
-$324K

RIGL Hedge Fund Activity: Q1 2024 in Review

117 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Rigel Pharmaceuticals (RIGL) for Q1 2024, worth a combined $164M — up 5.9% from $155M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new RIGL positions and 12 closed out — a net gain of 5 holders — while 35 added to existing stakes and 38 trimmed.

The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $1.83M. The largest seller was Armistice Capital, cutting an estimated $2.34M.

  • 117 institutional investors held Rigel Pharmaceuticals (RIGL) as of Q1 2024, up from 112 in Q4 2023.
  • Funds reported $164M of Rigel Pharmaceuticals stock for Q1 2024, up 5.9% quarter-over-quarter.
  • 17 funds opened new Rigel Pharmaceuticals positions in Q1 2024 and 12 closed out, a net change of +5 holders.
  • The largest Rigel Pharmaceuticals buyer in Q1 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $1.83M added.
  • The largest Rigel Pharmaceuticals seller in Q1 2024 was Armistice Capital, an estimated $2.34M sold.

Based on aggregated 13F filings for Q1 2024.