Rigel Resource Acquisition Corp.
RRAC
RRAC was delisted on the 1st of November, 2024.
58 hedge funds and large institutions have $244M invested in Rigel Resource Acquisition Corp. in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 5 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
4% more funds holding
Funds holding: 56 → 58 (+2)
3% more capital invested
Capital invested by funds: $237M → $244M (+$7.69M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$5.78M |
| 2 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$3.48M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$3.34M |
| 4 |
SCM
Saba Capital Management
New York
|
+$3.15M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
+$3.15M |
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 |
RRAC Hedge Fund Activity: Q2 2022 in Review
58 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp. (RRAC) for Q2 2022, worth a combined $244M — up 3.2% from $237M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RRAC positions and 5 closed out — a net gain of 2 holders — while 13 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 56 in Q1 2022.
- Funds reported $244M of Rigel Resource Acquisition Corp. stock for Q2 2022, up 3.2% quarter-over-quarter.
- 7 funds opened new Rigel Resource Acquisition Corp. positions in Q2 2022 and 5 closed out, a net change of +2 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.