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RRAC

Rigel Resource Acquisition Corp.

Delisted

RRAC was delisted on the 1st of November, 2024.

61 hedge funds and large institutions have $279M invested in Rigel Resource Acquisition Corp. in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

8% more capital invested

Capital invested by funds: $258M → $279M (+$20.9M)

3% more funds holding

Funds holding: 5961 (+2)

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

Holders
61
Holders Change
+2
Holders Change %
+3.39%
% of All Funds
0.98%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
8
Reduced
11
Closed
5
Calls
$103K
Puts
Net Calls
+$103K
Net Calls Change
+$2K

RRAC Hedge Fund Activity: Q4 2022 in Review

61 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp. (RRAC) for Q4 2022, worth a combined $279M — up 8.1% from $258M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new RRAC positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 11 trimmed.

The largest buyer was Calamos Advisors, opening a new position worth an estimated $20.4M. The largest seller was Context Capital Management, exiting entirely with an estimated $6.55M sold.

  • 61 institutional investors held Rigel Resource Acquisition Corp. (RRAC) as of Q4 2022, up from 59 in Q3 2022.
  • Funds reported $279M of Rigel Resource Acquisition Corp. stock for Q4 2022, up 8.1% quarter-over-quarter.
  • 7 funds opened new Rigel Resource Acquisition Corp. positions in Q4 2022 and 5 closed out, a net change of +2 holders.
  • The largest Rigel Resource Acquisition Corp. buyer in Q4 2022 was Calamos Advisors, an estimated $20.4M added.
  • The largest Rigel Resource Acquisition Corp. seller in Q4 2022 was Context Capital Management, an estimated $6.55M sold.

Based on aggregated 13F filings for Q4 2022.