Rigel Resource Acquisition Corp.
RRAC
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.
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
83% less funds holding
Funds holding: 18 → 3 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$807K |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$590K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DI
DUMAC Inc
Durham,
North Carolina
|
-$11.5M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$8.19M |
| 3 |
Millennium Management
New York
|
-$7.82M |
| 4 |
SC
Sculptor Capital
New York
|
-$7.52M |
| 5 |
CC
Centiva Capital
New York
|
-$5.99M |
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.