Rigel Resource Acquisition Corp.
RRAC
RRAC was delisted on the 1st of November, 2024.
59 hedge funds and large institutions have $258M invested in Rigel Resource Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 58 → 59 (+1)
4% more capital invested
Capital invested by funds: $248M → $258M (+$9.29M)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$4.36M |
| 2 |
Millennium Management
New York
|
+$3.8M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$3.61M |
| 4 |
ACM
Atalaya Capital Management
New York
|
+$3.51M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$4.11M |
| 2 |
Goldman Sachs
New York
|
-$3.51M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.71M |
| 4 |
CC
Centiva Capital
New York
|
-$979K |
| 5 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$976K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
51
Schonfeld Strategic Advisors
New York
| $416K | -$419K | -41,800 | -50% |
|
|
FTCM
52
First Trust Capital Management
Chicago,
Illinois
| $315K | – | – | – |
|
|
SAMU
53
SONA Asset Management (US)
New York
| $303K | – | – | – |
|
|
SRCM
54
Sage Rock Capital Management
New York
| $299K | – | – | – |
|
|
AA
55
Ancora Advisors
Cleveland,
Ohio
| $202K | – | – | – |
|
|
PP
56
Paloma Partners
Greenwich,
Connecticut
| $202K | – | – | – |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $105K | -$3.01K | -300 | -3% |
|
58
UBS Group
Zurich,
Switzerland
| $5K | – | – | – |
|
|
EC
59
Elequin Capital
New York
| $3K | +$3.01K | +300 | New |
|
|
60
Goldman Sachs
New York
| – | -$3.51M | -352,808 | Closed |
|
|
ECU
61
Eisler Capital (UK)
London,
United Kingdom
| – | -$976K | -98,200 | Closed |
|
|
CL
62
CSS LLC
Chicago,
Illinois
| – | -$841K | -84,606 | Closed |
|
RRAC Hedge Fund Activity: Q3 2022 in Review
59 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp. (RRAC) for Q3 2022, worth a combined $258M — up 3.7% from $248M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RRAC positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $4.36M. The largest seller was HGC Investment Management, cutting an estimated $4.11M.
- 59 institutional investors held Rigel Resource Acquisition Corp. (RRAC) as of Q3 2022, up from 58 in Q2 2022.
- Funds reported $258M of Rigel Resource Acquisition Corp. stock for Q3 2022, up 3.7% quarter-over-quarter.
- 4 funds opened new Rigel Resource Acquisition Corp. positions in Q3 2022 and 3 closed out, a net change of +1 holder.
- The largest Rigel Resource Acquisition Corp. buyer in Q3 2022 was Magnetar Financial, an estimated $4.36M added.
- The largest Rigel Resource Acquisition Corp. seller in Q3 2022 was HGC Investment Management, an estimated $4.11M sold.
Based on aggregated 13F filings for Q3 2022.