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RRAC.U

Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant
RRAC.U

Delisted

RRAC.U was delisted on the 13th of September, 2024.

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17 hedge funds and large institutions have $53.4M invested in Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 6 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% less funds holding

Funds holding: 54 → 17 (-37)

72% less capital invested

Capital invested by funds: $193M → $53.4M (-$140M)

95% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 39

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 6

Holders
17
Holders Change
-37
Holders Change %
-68.52%
% of All Funds
0.27%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
–
Reduced
6
Closed
39
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
DI
DUMAC Inc
North Carolina
+$10.1M

Top Sellers

Rank Fund Capital Flow
1
TCA
Taconic Capital Advisors
New York
-$10.6M
2
Adage Capital Partners
Adage Capital Partners
Massachusetts
-$10.1M
3
SCC
Spring Creek Capital
Kansas
-$10.1M
4
SC
Sculptor Capital
New York
-$9.35M
5
Verition Fund Management
Verition Fund Management
Connecticut
-$8.15M
Name Holding Trade Value Shares
Change 		Change in
Stake
UOC
26
UBS O'Connor
Illinois
– -$5.23M -515,770 Closed
AMH
27
Apollo Management Holdings
New York
– -$5.07M -500,000 Closed
AC
28
Aristeia Capital
Connecticut
– -$5.07M -500,000 Closed
GL
29
Governors Lane
New York
– -$5.07M -500,000 Closed
Citadel Advisors
30
Citadel Advisors
Florida
– -$4.77M -470,310 Closed
DKCM
31
Davidson Kempner Capital Management
New York
– -$4.56M -450,000 Closed
TCM
32
Tenor Capital Management
New York
– -$4.56M -450,000 Closed
AA
33
AQR Arbitrage
Connecticut
– -$4.49M -445,711 Closed
D.E. Shaw & Co
34
D.E. Shaw & Co
New York
– -$4.06M -400,000 Closed
Marshall Wace
35
Marshall Wace
United Kingdom
– -$4.06M -400,000 Closed
Citigroup
36
Citigroup
New York
– -$3.87M -381,200 Closed
6CM
37
683 Capital Management
New York
– -$3M -300,000 Closed
HI
38
HBK Investments
Texas
– -$3.04M -300,000 Closed
CC
39
Centiva Capital
New York
– -$2.54M -250,000 Closed
PMAM
40
Picton Mahoney Asset Management
Ontario, Canada
– -$2.53M -250,000 Closed
PSAMP
41
P. Schoenfeld Asset Management (PSAM)
New York
– -$2.54M -250,000 Closed
CL
42
CSS LLC
Illinois
– -$2.13M -210,500 Closed
DCM
43
Difesa Capital Management
New York
– -$1.01M -100,000 Closed
DCM
44
Dupont Capital Management
Delaware
– -$1.01M -100,000 Closed
ECU
45
Eisler Capital (UK)
United Kingdom
– -$1.01M -100,000 Closed
Toronto Dominion Bank
46
Toronto Dominion Bank
Ontario, Canada
– -$1.01M -100,000 Closed
WA
47
Whitebox Advisors
Minnesota
– -$1.01M -100,000 Closed
WAM
48
Wolverine Asset Management
Illinois
– -$1.01M -100,000 Closed
GCL
49
Glazer Capital LLC
New York
– -$694K -68,887 Closed
PCM
50
Prelude Capital Management
New York
– -$604K -59,600 Closed
1
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RRAC.U Hedge Fund Activity: Q1 2022 in Review

17 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant (RRAC.U) for Q1 2022, worth a combined $53.4M — down 72% from $193M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of RRAC.U and 2 opened new positions — a net loss of 37 holders — while 6 trimmed existing stakes and 0 added.

The largest buyer was DUMAC Inc, opening a new position worth an estimated $10.1M. The largest seller was Taconic Capital Advisors, exiting entirely with an estimated $10.6M sold.

  • 17 institutional investors held Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant (RRAC.U) as of Q1 2022, down from 54 in Q4 2021.
  • Funds reported $53.4M of Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant stock for Q1 2022, down 72% quarter-over-quarter.
  • 2 funds opened new Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant positions in Q1 2022 and 39 closed out, a net change of -37 holders.
  • The largest Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant buyer in Q1 2022 was DUMAC Inc, an estimated $10.1M added.
  • The largest Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant seller in Q1 2022 was Taconic Capital Advisors, an estimated $10.6M sold.

Based on aggregated 13F filings for Q1 2022.