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RRAC

Rigel Resource Acquisition Corp.

Delisted

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

3 hedge funds and large institutions have $11M invested in Rigel Resource Acquisition Corp. in 2024 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

83% less funds holding

Funds holding: 183 (-15)

85% less capital invested

Capital invested by funds: $74.9M → $11M (-$63.9M)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 14

Holders
3
Holders Change
-15
Holders Change %
-83.33%
% of All Funds
0.04%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
Increased
2
Reduced
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MSU
1
Mizuho Securities USA
New York
$7.3M +$807K +70,119 +12%
RCM
2
Radcliffe Capital Management
Pennsylvania
$1.99M
SFM
3
Spartan Fund Management
Canada
$1.74M +$590K +51,239 +51%
DI
4
DUMAC Inc
North Carolina
-$11.5M -1,000,000 Closed
WCMNY
5
Westchester Capital Management (New York)
New York
-$8.19M -712,000 Closed
Millennium Management
6
Millennium Management
New York
-$7.82M -680,000 Closed
SC
7
Sculptor Capital
New York
-$7.52M -654,262 Closed
CC
8
Centiva Capital
New York
-$5.99M -520,575 Closed
MC
9
Meteora Capital
Florida
-$4.41M -383,140 Closed
CAC
10
Cowen and Company
New York
-$4.03M -350,104 Closed
WRBC
11
W.R. Berkley Corp
Connecticut
-$4M -348,055 Closed
WAM
12
Wolverine Asset Management
Illinois
-$3.86M -335,671 Closed
Verition Fund Management
13
Verition Fund Management
Connecticut
-$2.17M -188,486 Closed
QL
14
Quarry LP
New York
-$2.01M -175,000 Closed
PC
15
Periscope Capital
Ontario, Canada
-$1.73M -150,000 Closed
CS
16
Clear Street
New York
-$346K -30,120 Closed
UBS Group
17
UBS Group
Switzerland
-$426 -37 Closed

RRAC Hedge Fund Activity: Q4 2024 in Review

3 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp. (RRAC) for Q4 2024, worth a combined $11M — down 85% from $74.9M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of RRAC and 0 opened new positions — a net loss of 14 holders — while 0 trimmed existing stakes and 2 added.

The largest buyer was Mizuho Securities USA, adding an estimated $807K. The largest seller was DUMAC Inc, exiting entirely with an estimated $11.5M sold.

  • 3 institutional investors held Rigel Resource Acquisition Corp. (RRAC) as of Q4 2024, down from 18 in Q3 2024.
  • Funds reported $11M of Rigel Resource Acquisition Corp. stock for Q4 2024, down 85% quarter-over-quarter.
  • 0 funds opened new Rigel Resource Acquisition Corp. positions in Q4 2024 and 14 closed out, a net change of -14 holders.
  • The largest Rigel Resource Acquisition Corp. buyer in Q4 2024 was Mizuho Securities USA, an estimated $807K added.
  • The largest Rigel Resource Acquisition Corp. seller in Q4 2024 was DUMAC Inc, an estimated $11.5M sold.

Based on aggregated 13F filings for Q4 2024.