Rigel Resource Acquisition Corp.
RRAC
RRAC was delisted on the 1st of November, 2024.
55 hedge funds and large institutions have $231M invested in Rigel Resource Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 3 closing their positions.
1,033% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 3
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
157% more capital invested
Capital invested by funds: $89.9M → $231M (+$142M)
129% more funds holding
Funds holding: 24 → 55 (+31)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Taconic Capital Advisors
New York
|
+$10.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$9.89M |
| 3 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
+$9.89M |
| 4 |
SC
Sculptor Capital
New York
|
+$9.82M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$9.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$1.51M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.47M |
| 3 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$490K |
| 4 |
SAMU
SONA Asset Management (US)
New York
|
-$294K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRCM
51
Sage Rock Capital Management
New York
| $294K | +$293K | +29,600 | New |
|
|
PP
52
Paloma Partners
Greenwich,
Connecticut
| $199K | – | – | – |
|
|
AA
53
Ancora Advisors
Cleveland,
Ohio
| $198K | +$198K | +20,000 | New |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| $101K | +$75.4K | +7,621 | +296% |
|
|
CS
55
Clear Street
New York
| $20K | +$19.7K | +1,989 | New |
|
|
KPF
56
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$1.47M | -150,000 | Closed |
|
|
FLC
57
Fifth Lane Capital
Austin,
Texas
| – | -$490K | -50,000 | Closed |
|
|
SAMU
58
SONA Asset Management (US)
New York
| – | -$294K | -30,000 | Closed |
|
RRAC Hedge Fund Activity: Q1 2022 in Review
55 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp. (RRAC) for Q1 2022, worth a combined $231M — up 157% from $89.9M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RRAC positions and 3 closed out — a net gain of 31 holders — while 9 added to existing stakes and 1 trimmed.
The largest buyer was Taconic Capital Advisors, opening a new position worth an estimated $10.4M. The largest seller was Kepos Capital, cutting an estimated $1.51M.
- 55 institutional investors held Rigel Resource Acquisition Corp. (RRAC) as of Q1 2022, up from 24 in Q4 2021.
- Funds reported $231M of Rigel Resource Acquisition Corp. stock for Q1 2022, up 157% quarter-over-quarter.
- 34 funds opened new Rigel Resource Acquisition Corp. positions in Q1 2022 and 3 closed out, a net change of +31 holders.
- The largest Rigel Resource Acquisition Corp. buyer in Q1 2022 was Taconic Capital Advisors, an estimated $10.4M added.
- The largest Rigel Resource Acquisition Corp. seller in Q1 2022 was Kepos Capital, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2022.