Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant
RRAC.U
RRAC.U was delisted on the 13th of September, 2024.
4 hedge funds and large institutions have $1.01M invested in Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 1 reducing their positions, and 1 closing their positions.
20% less funds holding
Funds holding: 5 → 4 (-1)
35% less capital invested
Capital invested by funds: $1.54M → $1.01M (-$532K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$526K |
| 2 |
CS
Clear Street
New York
|
-$26.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCL
1
Bracebridge Capital LLC
Boston,
Massachusetts
| $537K | – | – | – |
|
2
Walleye Capital
New York
| $277K | – | – | – |
|
3
Walleye Trading
New York
| $193K | – | – | – |
|
|
CS
4
Clear Street
New York
| $2.15K | -$26.1K | -2,451 | -92% |
|
|
HF
5
HRT Financial
New York
| – | -$526K | -50,000 | Closed |
|
RRAC.U Hedge Fund Activity: Q2 2023 in Review
4 of the 6,371 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 Q2 2023, worth a combined $1.01M — down 35% from $1.54M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of RRAC.U and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest seller was HRT Financial, exiting entirely with an estimated $526K sold.
- 4 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 Q2 2023, down from 5 in Q1 2023.
- Funds reported $1.01M of Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant stock for Q2 2023, down 35% quarter-over-quarter.
- 0 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 Q2 2023 and 1 closed out, a net change of -1 holder.
- The largest Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant seller in Q2 2023 was HRT Financial, an estimated $526K sold.
Based on aggregated 13F filings for Q2 2023.