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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.

42 hedge funds and large institutions have $1.87M 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 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

64% more capital invested

Capital invested by funds: $1.14M → $1.87M (+$730K)

8% more funds holding

Funds holding: 3942 (+3)

40% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 5

Holders
42
Holders Change
+3
Holders Change %
+7.69%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
3
Reduced
5
Closed
3
Calls
$3.02M
Puts
Net Calls
+$3.02M
Net Calls Change
+$79K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Shaolin Capital Management
Florida
$243K +$198K +1,473,000 New
HCM
2
Highbridge Capital Management
New York
$190K
PC
3
Periscope Capital
Ontario, Canada
$154K +$6.42K +47,700 +5%
Calamos Advisors
4
Calamos Advisors
Illinois
$153K
GAM
5
Gritstone Asset Management
Maryland
$127K
SC
6
Sculptor Capital
New York
$125K
SRCM
7
Sage Rock Capital Management
New York
$92.9K -$881 -6,541 -1%
SCM
8
Saba Capital Management
New York
$89.6K
RCM
9
Radcliffe Capital Management
Pennsylvania
$83.9K -$4.98K -37,000 -6%
Adage Capital Partners
10
Adage Capital Partners
Massachusetts
$78.4K
TCA
11
Taconic Capital Advisors
New York
$70.1K
Verition Fund Management
12
Verition Fund Management
Connecticut
$49.8K
PAMP
13
Polar Asset Management Partners
Ontario, Canada
$49.5K
DKCM
14
Davidson Kempner Capital Management
New York
$37.1K
TCM
15
Tenor Capital Management
New York
$37.1K
AA
16
AQR Arbitrage
Connecticut
$35.1K
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$33K
QGA
18
Q Global Advisors
Texas
$29K
6CM
19
683 Capital Management
New York
$28.9K
ACM
20
Atalaya Capital Management
New York
$28K
Goldman Sachs
21
Goldman Sachs
New York
$22.1K
PSAMP
22
P. Schoenfeld Asset Management (PSAM)
New York
$19.1K
LP
23
LMR Partners
United Kingdom
$12.4K
SFM
24
Spartan Fund Management
Canada
$11.4K -$24.6K -182,768 -71%
CS
25
Clear Street
New York
$10.1K

RRAC.WS Hedge Fund Activity: Q3 2023 in Review

42 of the 6,301 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 Q3 2023, worth a combined $1.87M — up 64% from $1.14M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new RRAC.WS positions and 3 closed out — a net gain of 3 holders — while 3 added to existing stakes and 5 trimmed.

The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $198K. The largest seller was Kepos Capital, exiting entirely with an estimated $62K sold.

  • 42 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 Q3 2023, up from 39 in Q2 2023.
  • Funds reported $1.87M 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 Q3 2023, up 64% quarter-over-quarter.
  • 6 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 Q3 2023 and 3 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 Q3 2023 was Shaolin Capital Management, an estimated $198K 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 Q3 2023 was Kepos Capital, an estimated $62K sold.

Based on aggregated 13F filings for Q3 2023.