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RRAC.WS

Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
RRAC.WS

Delisted

RRAC.WS was delisted on the 29th of October, 2024.

39 hedge funds and large institutions have $1.14M invested in Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,055% more call options, than puts

Call options by funds: $3.08M | Put options by funds: $143K

9% less funds holding

Funds holding: 4339 (-4)

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

50% less capital invested

Capital invested by funds: $2.3M → $1.14M (-$1.16M)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
39
Holders Change
-4
Holders Change %
-9.3%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
6
Closed
5
Calls
$3.08M
Puts
$143K
Net Calls
+$2.94M
Net Calls Change
-$472K
Name Holding Trade Value Shares
Change
Change in
Stake
Calamos Advisors
1
Calamos Advisors
Illinois
$105K
PC
2
Periscope Capital
Ontario, Canada
$99.6K +$2.49K +25,200 +3%
SC
3
Sculptor Capital
New York
$86K -$997 -10,100 -1%
GAM
4
Gritstone Asset Management
Maryland
$79.9K +$12.6K +127,781 +20%
KC
5
Kepos Capital
New York
$62K +$58K +588,000 New
SCM
6
Saba Capital Management
New York
$61.7K
RCM
7
Radcliffe Capital Management
Pennsylvania
$61.7K
SRCM
8
Sage Rock Capital Management
New York
$59.3K -$16.7K -168,730 -23%
HCM
9
Highbridge Capital Management
New York
$58.7K
Adage Capital Partners
10
Adage Capital Partners
Massachusetts
$49.4K
KL
11
KIM LLC
Kansas
$45K -$9.87K -100,000 -20%
TCA
12
Taconic Capital Advisors
New York
$44.2K
Verition Fund Management
13
Verition Fund Management
Connecticut
$31.4K
PAMP
14
Polar Asset Management Partners
Ontario, Canada
$31.2K
ACM
15
Atalaya Capital Management
New York
$24.5K
DKCM
16
Davidson Kempner Capital Management
New York
$23.4K
TCM
17
Tenor Capital Management
New York
$23.4K
AA
18
AQR Arbitrage
Connecticut
$22.1K -$301 -3,053 -1%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$20.8K
Citadel Advisors
20
Citadel Advisors
Florida
$20.5K -$5.09K -51,618 -21%
QGA
21
Q Global Advisors
Texas
$19K
6CM
22
683 Capital Management
New York
$18.2K
Goldman Sachs
23
Goldman Sachs
New York
$16K
SFM
24
Spartan Fund Management
Canada
$15.8K +$18K +182,768 +244%
PSAMP
25
P. Schoenfeld Asset Management (PSAM)
New York
$13.1K

RRAC.WS Hedge Fund Activity: Q2 2023 in Review

39 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share (RRAC.WS) for Q2 2023, worth a combined $1.14M — down 50% from $2.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of RRAC.WS and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 4 added.

The largest buyer was Spartan Fund Management, adding an estimated $18K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $135K sold.

  • 39 institutional investors held Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share (RRAC.WS) as of Q2 2023, down from 43 in Q1 2023.
  • Funds reported $1.14M of Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share stock for Q2 2023, down 50% quarter-over-quarter.
  • 2 funds opened new Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share positions in Q2 2023 and 5 closed out, a net change of -3 holders.
  • The largest Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share buyer in Q2 2023 was Spartan Fund Management, an estimated $18K added.
  • The largest Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share seller in Q2 2023 was Shaolin Capital Management, an estimated $135K sold.

Based on aggregated 13F filings for Q2 2023.