Rigel Resource Acquisition Corp.
RRAC
RRAC was delisted on the 1st of November, 2024.
58 hedge funds and large institutions have $248M invested in Rigel Resource Acquisition Corp. in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 5 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
7% more capital invested
Capital invested by funds: $231M → $248M (+$17M)
5% more funds holding
Funds holding: 55 → 58 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$5.78M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$5.22M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$4.08M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$3.48M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$3.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$9.44M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$5.96M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.64M |
| 4 |
KC
Kepos Capital
New York
|
-$994K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$28.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRBC
51
W.R. Berkley Corp
Greenwich,
Connecticut
| $492K | – | – | – |
|
|
FTCM
52
First Trust Capital Management
Chicago,
Illinois
| $311K | +$311K | +31,250 | New |
|
|
SAMU
53
SONA Asset Management (US)
New York
| $298K | +$298K | +30,000 | New |
|
|
SRCM
54
Sage Rock Capital Management
New York
| $294K | – | – | – |
|
|
AA
55
Ancora Advisors
Cleveland,
Ohio
| $199K | – | – | – |
|
|
PP
56
Paloma Partners
Greenwich,
Connecticut
| $199K | – | – | – |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $106K | +$4.97K | +500 | +5% |
|
58
UBS Group
Zurich,
Switzerland
| $5K | +$4.97K | +500 | New |
|
|
SCC
59
Spring Creek Capital
Wichita,
Kansas
| – | -$9.93M | -1,000,000 | Closed |
|
|
BCM
60
Beryl Capital Management
Redondo Beach,
California
| – | -$9.44M | -949,998 | Closed |
|
|
HI
61
HBK Investments
Dallas,
Texas
| – | -$5.96M | -600,000 | Closed |
|
|
62
Citadel Advisors
Miami,
Florida
| – | -$4.64M | -467,659 | Closed |
|
|
CS
63
Clear Street
New York
| – | -$20K | -1,989 | Closed |
|
RRAC Hedge Fund Activity: Q2 2022 in Review
58 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp. (RRAC) for Q2 2022, worth a combined $248M — up 7.3% from $231M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RRAC positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 4 trimmed.
The largest buyer was Sculptor Capital, adding an estimated $5.78M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $9.44M sold.
- 58 institutional investors held Rigel Resource Acquisition Corp. (RRAC) as of Q2 2022, up from 55 in Q1 2022.
- Funds reported $248M of Rigel Resource Acquisition Corp. stock for Q2 2022, up 7.3% quarter-over-quarter.
- 8 funds opened new Rigel Resource Acquisition Corp. positions in Q2 2022 and 5 closed out, a net change of +3 holders.
- The largest Rigel Resource Acquisition Corp. buyer in Q2 2022 was Sculptor Capital, an estimated $5.78M added.
- The largest Rigel Resource Acquisition Corp. seller in Q2 2022 was Beryl Capital Management, an estimated $9.44M sold.
Based on aggregated 13F filings for Q2 2022.