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.
3 hedge funds and large institutions have $12M invested in Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, reducing their positions, and 1 closing their positions.
4% more capital invested
Capital invested by funds: $11.5M → $12M (+$509K)
0% more funds holding
Funds holding: 3 → 3 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$568 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DI
1
DUMAC Inc
Durham,
North Carolina
| $12M | – | – | – |
|
|
CS
2
Clear Street
New York
| $4.18K | – | – | – |
|
|
3
UBS Group
Zurich,
Switzerland
| $557 | +$568 | +51 | New |
|
|
VF
4
Virtu Financial
New York
| – | -$112K | -10,050 | Closed |
|
RRAC.U Hedge Fund Activity: Q4 2023 in Review
3 of the 6,863 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 Q4 2023, worth a combined $12M — up 4.4% from $11.5M a quarter earlier.
Fund positioning in RRAC.U was balanced in Q4 2023: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 0 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $568. The largest seller was Virtu Financial, exiting entirely with an estimated $112K sold.
- 3 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 Q4 2023, unchanged from Q3 2023.
- Funds reported $12M of Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant stock for Q4 2023, up 4.4% quarter-over-quarter.
- 1 fund opened new Rigel Resource Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant positions in Q4 2023 and 1 closed out, a net change of 0 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 Q4 2023 was UBS Group, an estimated $568 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 Q4 2023 was Virtu Financial, an estimated $112K sold.
Based on aggregated 13F filings for Q4 2023.