Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
291 hedge funds and large institutions have $348M invested in Rite Aid Corporation in 2018 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 58 increasing their positions, 92 reducing their positions, and 67 closing their positions.
10% less funds holding
Funds holding: 322 → 291 (-31)
37% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 92
45% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 67
50% less capital invested
Capital invested by funds: $703M → $348M (-$354M)
59% less call options, than puts
Call options by funds: $2.81M | Put options by funds: $6.82M
Top Buyers
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$11.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.43M |
| 3 |
JP Morgan Chase
New York
|
+$4.12M |
| 4 |
BlackRock
New York
|
+$2.01M |
| 5 |
Morgan Stanley
New York
|
+$1.6M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TL
326
TrueWealth LLC
Atlanta,
Georgia
| – | -$2K | -85 | Closed |
|
|
QCG
327
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -63 | Closed |
|
|
ML
328
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$1K | -62 | Closed |
|
329
First Manhattan
New York
| – | -$1.05K | -50 | -57% |
|
|
PA
330
Parallel Advisors
San Francisco,
California
| – | -$1K | -50 | Closed |
|
|
QCIG
331
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$1.05K | -50 | -67% |
|
|
THWM
332
Taylor Hoffman Wealth Management
Richmond,
Virginia
| – | -$1K | -31 | Closed |
|
|
GI
333
Gradient Investments
Arden Hills,
Minnesota
| – | -$422 | -20 | -56% |
|
|
BOPW
334
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
| – | +$148 | +7 | New |
|
|
PWMG
335
Prestige Wealth Management Group
Flemington,
New Jersey
| – | +$211 | +10 | New |
|
|
MWC
336
MBM Wealth Consultants
Chesterfield,
Missouri
| – | +$253 | +12 | New |
|
|
PCG
337
Private Capital Group
West Hartford,
Connecticut
| – | +$380 | +18 | New |
|
RAD Hedge Fund Activity: Q4 2018 in Review
291 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q4 2018, worth a combined $348M — down 50% from $703M a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of RAD and 37 opened new positions — a net loss of 30 holders — while 92 trimmed existing stakes and 58 added.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $11.8M. The largest seller was Vanguard Group, cutting an estimated $27M.
- 291 institutional investors held Rite Aid Corporation (RAD) as of Q4 2018, down from 322 in Q3 2018.
- Funds reported $348M of Rite Aid Corporation stock for Q4 2018, down 50% quarter-over-quarter.
- 37 funds opened new Rite Aid Corporation positions in Q4 2018 and 67 closed out, a net change of -30 holders.
- The largest Rite Aid Corporation buyer in Q4 2018 was Allianz Asset Management, an estimated $11.8M added.
- The largest Rite Aid Corporation seller in Q4 2018 was Vanguard Group, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2018.