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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.

33 hedge funds and large institutions have $3.13M 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 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more capital invested

Capital invested by funds: $2.64M → $3.13M (+$492K)

11% less funds holding

Funds holding: 3733 (-4)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

63% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 8

Holders
33
Holders Change
-4
Holders Change %
-10.81%
% of All Funds
0.47%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
2
Increased
3
Reduced
8
Closed
5
Calls
$203K
Puts
Net Calls
+$203K
Net Calls Change
-$596K
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
1
Highbridge Capital Management
New York
$598K
SCM
2
Shaolin Capital Management
Florida
$360K -$128K -443,733 -30%
Calamos Advisors
3
Calamos Advisors
Illinois
$350K
SC
4
Sculptor Capital
New York
$215K -$59K -205,000 -25%
CAC
5
Cowen and Company
New York
$183K +$109K +380,257 +267%
DI
6
DUMAC Inc
North Carolina
$175K
SCM
7
Saba Capital Management
New York
$145K -$36K -125,000 -23%
CS
8
Clear Street
New York
$107K +$71.9K +249,800 +451%
PAMP
9
Polar Asset Management Partners
Ontario, Canada
$105K
Verition Fund Management
10
Verition Fund Management
Connecticut
$96.1K -$7.82K -27,148 -9%
PC
11
Periscope Capital
Ontario, Canada
$93.8K -$14.4K -50,000 -16%
DKCM
12
Davidson Kempner Capital Management
New York
$78.8K
TCM
13
Tenor Capital Management
New York
$78.8K
AA
14
AQR Arbitrage
Connecticut
$74.4K
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$70K
QGA
16
Q Global Advisors
Texas
$62K
Goldman Sachs
17
Goldman Sachs
New York
$61.7K
6CM
18
683 Capital Management
New York
$61.3K
BOCH
19
Blue Owl Capital Holdings
New York
$61.3K +$50.4K +175,000 New
SRCM
20
Sage Rock Capital Management
New York
$56K -$33.1K -115,000 -42%
DCM
21
Dupont Capital Management
Delaware
$17.5K
WA
22
Whitebox Advisors
Minnesota
$17.5K
Citadel Advisors
23
Citadel Advisors
Florida
$10.5K +$1.19K +4,135 +16%
Walleye Capital
24
Walleye Capital
New York
$9.25K
VI
25
Vestcor Inc
New Brunswick, Canada
$9K

RRAC.WS Hedge Fund Activity: Q3 2024 in Review

33 of the 6,964 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 2024, worth a combined $3.13M — up 19% from $2.64M 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 8 trimmed existing stakes and 3 added.

The largest buyer was Cowen and Company, adding an estimated $109K. The largest seller was Shaolin Capital Management, cutting an estimated $128K.

  • 33 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 2024, down from 37 in Q2 2024.
  • Funds reported $3.13M 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 2024, up 19% 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 Q3 2024 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 Q3 2024 was Cowen and Company, an estimated $109K 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 2024 was Shaolin Capital Management, an estimated $128K sold.

Based on aggregated 13F filings for Q3 2024.