Vault-13

RIGEL RESOURCE ACQ CORP

CL A ORD SHS · CUSIP G7573M106

57 institutional holders -5 vs Q1 2023
26,901,44126.9m shares reported held*
$288.3mreported value*
6 new 8 added 16 reduced 10 sold out net sold ≈ $25.6m (-2.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.72. Options: 1 managers hold calls ($107.2k notional), 1 hold puts ($22.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 60Q4 22: 62Q1 23: 62Q2 23: 5757Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202260
Q4 202262
Q1 202362
Q2 202357

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 17 cut or sold outQ1 23Q2 23: 14 bought or addedQ2 23: 26 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221517
Q1 20232217
Q2 20231426

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 22 calls: $101.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $102.9kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $104.6kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $107.2kQ2 23 puts: $22.4mQ2 23P/C 208.52
Numbers
QuarterCallsPutsP/C
Q3 2022$101.0k$00.00
Q4 2022$102.9k$00.00
Q1 2023$104.6k$00.00
Q2 2023$107.2k$22.4m208.52

Biggest buyers

COWEN AND COMPANY, LLC New +1,547,134+1.5m
First Trust Capital Management L.P. Added +998,018+998.0k
Westchester Capital Management, LLC Added +611,257+611.3k
Centiva Capital, LP Added +504,300+504.3k
Karpus Management, Inc. New +400,000+400.0k
P SCHOENFELD ASSET MANAGEMENT LP Added +350,000+350.0k
Meteora Capital, LLC New +255,213+255.2k
D. E. Shaw & Co., Inc. Added +200,000+200.0k
Bulldog Investors, LLP New +141,210+141.2k
TORONTO DOMINION BANK Added +100,000+100.0k

Biggest sellers

ARISTEIA CAPITAL, L.L.C. Sold out -1,771,156-1.8m
JPMORGAN CHASE & CO Sold out -1,000,000-1.0m
Shaolin Capital Management LLC Sold out -800,000-800.0k
Quarry LP Sold out -530,000-530.0k
Hudson Bay Capital Management LP Reduced -500,000-500.0k
Taconic Capital Advisors LP Reduced -500,000-500.0k
Balyasny Asset Management L.P. Sold out -480,986-481.0k
HGC Investment Management Inc. Reduced -410,400-410.4k
683 Capital Management, LLC Reduced -250,000-250.0k
PRELUDE CAPITAL MANAGEMENT, LLC Sold out -249,252-249.3k

Biggest calls

Paloma Partners Management Co Unchanged $107.2k10.0k shares

Biggest puts

Shaolin Capital Management LLC New $22.4m2.1m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
MIZUHO FINANCIAL GROUP INC 13G · institution new · filed 2025-02-13 9.0% new 640.5k 2025-02-13

Fell to 5% or below in the last year: ICS OPPORTUNITIES, LTD. (0.0%, 2026-02-13), BERKLEY W R CORP (0.0%, 2026-02-11), DUMAC, INC. (0.0%, 2026-01-05)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 1.31% of their portfolio CHICAGO, IL 2,049,4252.0m $22.0m $22.0m 1.31% Added +998.0k +998,018
2 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 2,000,0002.0m $21.4m $21.4m 0.11% Unchanged
3 Westchester Capital Management, LLC 0.65% of their portfolio VALHALLA, NY 1,749,6901.7m $18.8m $18.8m 0.65% Added +611.3k +611,257
4 COWEN AND COMPANY, LLC 1.37% of their portfolio NEW YORK, NY 1,547,1341.5m $16.6m $16.6m 1.37% New
5 Saba Capital Management, L.P. 0.50% of their portfolio NEW YORK, NY 1,422,3591.4m $15.2m $15.2m 0.50% Reduced -100.0k -100,000
6 Periscope Capital Inc. 1.09% of their portfolio Toronto, A6 1,299,9271.3m $13.9m $13.9m 1.09% Added +81 +81
7 Sculptor Capital LP 0.35% of their portfolio New York, NY 1,262,8851.3m $13.5m $13.5m 0.35% Reduced -300 -300
8 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 1,000,0001.0m $10.7m $10.7m 0.02% Unchanged
9 KIM, LLC 0.92% of their portfolio WICHITA, KS 1,000,0001.0m $10.7m $10.7m 0.92% Unchanged
10 Taconic Capital Advisors LP 0.60% of their portfolio NEW YORK, NY 921,666921.7k $9.9m $9.9m 0.60% Reduced -500.0k -500,000
11 Radcliffe Capital Management, L.P. 0.67% of their portfolio BALA CYNWYD, PA 738,883738.9k $7.9m $7.9m 0.67% Reduced -10.0k -10,000
12 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 680,000680.0k $7.3m $7.3m 0.01% Unchanged
13 Centiva Capital, LP 0.36% of their portfolio New York, NY 660,909660.9k $7.1m $7.1m 0.36% Added +504.3k +504,300
14 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 652,602652.6k $7.0m $7.0m 0.01% Added +200.0k +200,000
15 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 600,000600.0k $6.4m $6.4m 0.10% Reduced -150.0k -150,000
16 P SCHOENFELD ASSET MANAGEMENT LP 0.86% of their portfolio NEW YORK, NY 589,268589.3k $6.3m $6.3m 0.86% Added +350.0k +350,000
17 GLAZER CAPITAL, LLC 0.36% of their portfolio New York, NY 505,011505.0k $5.4m $5.4m 0.36% Reduced -17.0k -16,968
18 Hudson Bay Capital Management LP 0.05% of their portfolio STAMFORD, CT 500,000500.0k $5.4m $5.4m 0.05% Reduced -500.0k -500,000
19 Apollo Management Holdings, L.P. 0.06% of their portfolio New York, NY 500,000500.0k $5.4m $5.4m 0.06% Unchanged
20 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.10% of their portfolio CHICAGO, IL 462,203462.2k $5.0m $5.0m 0.10% Reduced -10.4k -10,418
21 TENOR CAPITAL MANAGEMENT Co., L.P. 0.10% of their portfolio NEW YORK, NY 450,000450.0k $4.8m $4.8m 0.10% Unchanged
22 Davidson Kempner Capital Management LP 0.10% of their portfolio New York, NY 450,000450.0k $4.8m $4.8m 0.10% Unchanged
23 Magnetar Financial LLC 0.10% of their portfolio EVANSTON, IL 435,025435.0k $4.7m $4.7m 0.10% Unchanged
24 HGC Investment Management Inc. 1.59% of their portfolio TORONTO, A6 410,400410.4k $4.4m $4.4m 1.59% Reduced -410.4k -410,400
25 MIZUHO SECURITIES USA LLC 0.14% of their portfolio NEW YORK, NY 402,464402.5k $4.3m $4.3m 0.14% Added +46.2k +46,247
26 Karpus Management, Inc. 0.13% of their portfolio Pittsford, NY 400,000400.0k $4.3m $4.3m 0.13% New
27 Polar Asset Management Partners Inc. 0.09% of their portfolio TORONTO, A6 400,000400.0k $4.3m $4.3m 0.09% Unchanged
28 Governors Lane LP 1.04% of their portfolio NEW YORK, NY 400,000400.0k $4.3m $4.3m 1.04% Unchanged
29 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 350,000350.0k $3.8m $3.8m 0.05% Unchanged
30 AQR Arbitrage LLC 0.15% of their portfolio Greenwich, CT 314,235314.2k $3.4m $3.4m 0.15% Reduced -1.0k -1,019
31 FIR TREE CAPITAL MANAGEMENT LP 0.33% of their portfolio New York, NY 309,706309.7k $3.3m $3.3m 0.33% Reduced -226.0k -226,000
32 Meteora Capital, LLC 0.50% of their portfolio Boca Raton, FL 255,213255.2k $2.7m $2.7m 0.50% New
33 PICTON MAHONEY ASSET MANAGEMENT 0.13% of their portfolio Toronto, A6 250,000250.0k $2.7m $2.7m 0.13% Unchanged
34 BERKLEY W R CORP 0.14% of their portfolio Greenwich, CT 214,856214.9k $2.3m $2.3m 0.14% Unchanged
35 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 200,000200.0k $2.1m $2.1m 0.00% Added +100.0k +100,000
36 Atalaya Capital Management LP 0.91% of their portfolio NEW YORK, NY 175,000175.0k $1.9m $1.9m 0.91% Unchanged
37 LMR Partners LLP 0.04% of their portfolio LONDON, X0 150,000150.0k $1.6m $1.6m 0.04% Unchanged
38 Bulldog Investors, LLP 0.50% of their portfolio SADDLE BROOK, NJ 141,210141.2k $1.5m $1.5m 0.50% New
39 RPO LLC 1.13% of their portfolio Stamford, CT 103,121103.1k $1.1m $1.1m 1.13% Unchanged
40 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 100,000100.0k $1.1m $1.1m 0.00% Reduced -190.6k -190,563
41 DUPONT CAPITAL MANAGEMENT CORP 0.05% of their portfolio Wilmington, DE 100,000100.0k $1.1m $1.1m 0.05% Unchanged
42 WHITEBOX ADVISORS LLC 0.05% of their portfolio MINNEAPOLIS, MN 100,000100.0k $1.1m $1.1m 0.05% Unchanged
43 683 Capital Management, LLC 0.10% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.10% Reduced -250.0k -250,000
44 Exos TFP Holdings LLC 0.49% of their portfolio NEW YORK, NY 92,33392.3k $989.8k $989.8k 0.49% Reduced -2.6k -2,567
45 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.12% of their portfolio Englewood, NJ 88,00288.0k $943.4k $943.4k 0.12% Unchanged
46 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 53,66853.7k $575.0k $575.0k 0.01% New
47 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 50,00050.0k $536.0k $536.0k 0.01% Unchanged
48 Castle Creek Arbitrage, LLC 0.07% of their portfolio AVON, CO 50,00050.0k $535.2k $535.2k 0.07% Unchanged
49 CAPSTONE INVESTMENT ADVISORS, LLC 0.02% of their portfolio NEW YORK, NY 50,00050.0k $536.0k $536.0k 0.02% Unchanged
50 Vestcor Inc 0.02% of their portfolio FREDERICTON, A3 50,00050.0k $536.0k $536.0k 0.02% Unchanged
51 Sea Otter Advisors LLC 0.41% of their portfolio Miami, FL 50,00050.0k $536.0k $536.0k 0.41% Unchanged
52 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 46,40446.4k $497.5k $497.5k 0.02% Unchanged
53 Virtu Financial LLC 0.01% of their portfolio New York, NY 16,83216.8k $180.0k $180.0k 0.01% Reduced -21.7k -21,747
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 600600 $6.4k $6.4k 0.00% New
55 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 300300 $3.2k $3.2k 0.00% Unchanged
56 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 110110 $1.2k $1.2k 0.00% Reduced -690 -690
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged