Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
426 hedge funds and large institutions have $5.76B invested in Rite Aid Corporation in 2015 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 162 increasing their positions, 135 reducing their positions, and 59 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 135
15% more call options, than puts
Call options by funds: $111M | Put options by funds: $96.7M
9% more capital invested
Capital invested by funds: $5.28B → $5.76B (+$478M)
3% less funds holding
Funds holding: 440 → 426 (-14)
17% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 59
70% less funds holding in top 10
Funds holding in top 10: 10 → 3 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$151M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$121M |
| 3 |
RG
Redmile Group
San Francisco,
California
|
+$67.2M |
| 4 |
Axa
Paris,
France
|
+$46.1M |
| 5 |
SIG
Senator Investment Group
New York
|
+$38.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Passport Capital
San Francisco,
California
|
-$96M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$44.9M |
| 3 |
FAM
Fred Alger Management
New York
|
-$33.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$30.1M |
| 5 |
EDRAMF
Edmond de Rothschild Asset Management (France)
Paris,
France
|
-$28.3M |
RAD Hedge Fund Activity: Q3 2015 in Review
426 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q3 2015, worth a combined $5.76B — up 9.1% from $5.28B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of RAD and 49 opened new positions — a net loss of 10 holders — while 135 trimmed existing stakes and 162 added.
The largest buyer was Iridian Asset Management, adding an estimated $151M. The largest seller was Passport Capital, exiting entirely with an estimated $96M sold.
- 426 institutional investors held Rite Aid Corporation (RAD) as of Q3 2015, down from 440 in Q2 2015.
- Funds reported $5.76B of Rite Aid Corporation stock for Q3 2015, up 9.1% quarter-over-quarter.
- 49 funds opened new Rite Aid Corporation positions in Q3 2015 and 59 closed out, a net change of -10 holders.
- The largest Rite Aid Corporation buyer in Q3 2015 was Iridian Asset Management, an estimated $151M added.
- The largest Rite Aid Corporation seller in Q3 2015 was Passport Capital, an estimated $96M sold.
Based on aggregated 13F filings for Q3 2015.