Vault-13

RIGEL RESOURCE ACQ CORP

CL A ORD SHS · CUSIP G7573M106

39 institutional holders +0 vs Q1 2024
23,612,87923.6m shares reported held*
$267.5mreported value*
3 new 6 added 10 reduced 3 sold out net sold ≈ $6.8m (-597.4k 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 ≈ $11.33.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 60Q4 22: 62Q1 23: 62Q2 23: 57Q3 23: 41Q4 23: 41Q1 24: 39Q2 24: 3939Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202260
Q4 202262
Q1 202362
Q2 202357
Q3 202341
Q4 202341
Q1 202439
Q2 202439

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 outQ2 23: 14 bought or addedQ2 23: 26 cut or sold outQ2 23Q3 23: 20 bought or addedQ3 23: 35 cut or sold outQ4 23: 14 bought or addedQ4 23: 11 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 14 cut or sold outQ2 24: 9 bought or addedQ2 24: 13 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221517
Q1 20232217
Q2 20231426
Q3 20232035
Q4 20231411
Q1 2024814
Q2 2024913

Calls vs puts

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

CallsPuts
$0$50k$100k$150kQ3 23 calls: $108.9kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $0Q2 24 puts: $0Q2 24P/C —
Numbers
QuarterCallsPutsP/C
Q3 2023$108.9k$00.00
Q4 2023$0$0—
Q1 2024$0$0—
Q2 2024$0$0—

Biggest buyers

Meteora Capital, LLC Added +1,259,354+1.3m
Shaolin Capital Management LLC Added +598,218+598.2k
Crystalline Management Inc. New +400,000+400.0k
Hudson Bay Capital Management LP Added +185,000+185.0k
CLEAR STREET LLC New +113,761+113.8k
Bulldog Investors, LLP New +62,810+62.8k
Flow State Investments, L.P. Added +55,000+55.0k
MIZUHO SECURITIES USA LLC Added +54,082+54.1k
Crossingbridge Advisors, LLC Added +1,575+1.6k

Biggest sellers

COWEN AND COMPANY, LLC Reduced -904,390-904.4k
Radcliffe Capital Management, L.P. Reduced -563,215-563.2k
BERKLEY W R CORP Reduced -434,043-434.0k
Centiva Capital, LP Reduced -375,000-375.0k
Periscope Capital Inc. Reduced -352,541-352.5k
Exos Asset Management LLC Sold out -305,975-306.0k
Spartan Fund Management Inc. Reduced -125,396-125.4k
HGC Investment Management Inc. Reduced -100,000-100.0k
GLAZER CAPITAL, LLC Sold out -91,134-91.1k
WOLVERINE ASSET MANAGEMENT LLC Reduced -31,673-31.7k

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), Centiva Capital, LP (0.0%, 2025-11-14)

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 2.59% of their portfolio CHICAGO, IL 2,504,6772.5m $28.4m $28.4m 2.59% Unchanged
2 Westchester Capital Management, LLC 0.98% of their portfolio VALHALLA, NY 2,030,6682.0m $23.0m $23.0m 0.98% Unchanged
3 MIZUHO SECURITIES USA LLC 0.47% of their portfolio NEW YORK, NY 1,868,4511.9m $21.2m $21.2m 0.47% Added +54.1k +54,082
4 BERKLEY W R CORP 0.98% of their portfolio Greenwich, CT 1,546,2041.5m $17.5m $17.5m 0.98% Reduced -434.0k -434,043
5 Meteora Capital, LLC 3.20% of their portfolio Boca Raton, FL 1,517,2451.5m $17.2m $17.2m 3.20% Added +1.3m +1,259,354
6 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 1,500,0001.5m $17.0m $17.0m 0.08% Unchanged
7 PICTON MAHONEY ASSET MANAGEMENT 0.59% of their portfolio Toronto, A6 1,224,0501.2m $13.9m $13.9m 0.59% Unchanged
8 KIM, LLC 1.40% of their portfolio WICHITA, KS 1,150,0001.1m $13.0m $13.0m 1.40% Unchanged
9 DUMAC, INC. 36.21% of their portfolio DURHAM, NC 1,000,0001.0m $11.3m $11.3m 36.21% Unchanged
10 Shaolin Capital Management LLC 0.35% of their portfolio Miami, FL 998,218998.2k $11.3m $11.3m 0.35% Added +598.2k +598,218
11 Sculptor Capital LP 0.17% of their portfolio New York, NY 730,652730.7k $8.3m $8.3m 0.17% Unchanged
12 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 680,000680.0k $7.7m $7.7m 0.01% Unchanged
13 Hudson Bay Capital Management LP 0.05% of their portfolio STAMFORD, CT 645,734645.7k $7.3m $7.3m 0.05% Added +185.0k +185,000
14 Centiva Capital, LP 0.29% of their portfolio New York, NY 520,875520.9k $5.9m $5.9m 0.29% Reduced -375.0k -375,000
15 Apollo Management Holdings, L.P. 0.10% of their portfolio New York, NY 500,000500.0k $5.7m $5.7m 0.10% Unchanged
16 Flow State Investments, L.P. 1.79% of their portfolio CHICAGO, IL 500,000500.0k $5.7m $5.7m 1.79% Added +55.0k +55,000
17 Atlas Merchant Capital LLC 2.90% of their portfolio New York, NY 500,000500.0k $5.7m $5.7m 2.90% Unchanged
18 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.15% of their portfolio CHICAGO, IL 462,203462.2k $5.2m $5.2m 0.15% Unchanged
19 TENOR CAPITAL MANAGEMENT Co., L.P. 0.08% of their portfolio NEW YORK, NY 450,000450.0k $5.1m $5.1m 0.08% Unchanged
20 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 445,741445.7k $5.1m $5.1m 0.04% Unchanged
21 Crystalline Management Inc. 5.23% of their portfolio Montreal, Quebec, Z4 400,000400.0k $4.5m $4.5m 5.23% New
22 Karpus Management, Inc. 0.12% of their portfolio Pittsford, NY 371,000371.0k $4.2m $4.2m 0.12% Reduced -2.0k -2,000
23 Crossingbridge Advisors, LLC 2.03% of their portfolio PLEASANTVILLE, NY 302,700302.7k $3.4m $3.4m 2.03% Added +1.6k +1,575
24 Periscope Capital Inc. 1.12% of their portfolio Toronto, A6 272,459272.5k $3.1m $3.1m 1.12% Reduced -352.5k -352,541
25 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 267,479267.5k $3.0m $3.0m 0.00% Unchanged
26 Radcliffe Capital Management, L.P. 0.38% of their portfolio BALA CYNWYD, PA 172,362172.4k $2.0m $2.0m 0.38% Reduced -563.2k -563,215
27 Sage Rock Capital Management LP 6.38% of their portfolio NEW YORK, NY 150,200150.2k $1.7m $1.7m 6.38% Unchanged
28 WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio CHICAGO, IL 146,010146.0k $1.7m $1.7m 0.03% Reduced -31.7k -31,673
29 COWEN AND COMPANY, LLC 0.04% of their portfolio NEW YORK, NY 115,044115.0k $1.3m $1.3m 0.04% Reduced -904.4k -904,390
30 CLEAR STREET LLC 0.03% of their portfolio NEW YORK, NY 113,761113.8k $1.3m $1.3m 0.03% New
31 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 100,000100.0k $1.1m $1.1m 0.00% Unchanged
32 HGC Investment Management Inc. 0.52% of their portfolio TORONTO, A6 100,000100.0k $1.1m $1.1m 0.52% Reduced -100.0k -100,000
33 Spartan Fund Management Inc. 3.18% of their portfolio TORONTO, ONTARIO, Z4 100,000100.0k $1.1m $1.1m 3.18% Reduced -125.4k -125,396
34 BCK CAPITAL MANAGEMENT LP 0.54% of their portfolio STAMFORD, CT 74,26874.3k $841.5k $841.5k 0.54% Unchanged
35 Bulldog Investors, LLP 0.27% of their portfolio SADDLE BROOK, NJ 62,81062.8k $711.6k $711.6k 0.27% New
36 FIR TREE CAPITAL MANAGEMENT LP 0.32% of their portfolio New York, NY 39,86839.9k $451.7k $451.7k 0.32% Reduced -18.0k -17,951
37 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 32,12832.1k $364.0k $364.0k 0.00% Unchanged
38 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 18,07218.1k $204.8k $204.8k 0.00% Unchanged
39 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged