Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
165 hedge funds and large institutions have $145M invested in Rite Aid Corporation in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 52 reducing their positions, and 29 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 52
8% less funds holding
Funds holding: 180 → 165 (-15)
23% less call options, than puts
Call options by funds: $12M | Put options by funds: $15.6M
35% less capital invested
Capital invested by funds: $224M → $145M (-$78.6M)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EP
Edgestream Partners
Princeton,
New Jersey
|
+$4.1M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.68M |
| 3 |
Two Sigma Advisers
New York
|
+$2.57M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.38M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.78M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$4.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.3M |
| 4 |
Two Sigma Investments
New York
|
-$4.22M |
| 5 |
BlackRock
New York
|
-$3.61M |
RAD Hedge Fund Activity: Q3 2022 in Review
165 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q3 2022, worth a combined $145M — down 35% from $224M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of RAD and 16 opened new positions — a net loss of 13 holders — while 52 trimmed existing stakes and 51 added.
The largest buyer was Edgestream Partners, opening a new position worth an estimated $4.1M. The largest seller was Dimensional Fund Advisors, cutting an estimated $6.78M.
- 165 institutional investors held Rite Aid Corporation (RAD) as of Q3 2022, down from 180 in Q2 2022.
- Funds reported $145M of Rite Aid Corporation stock for Q3 2022, down 35% quarter-over-quarter.
- 16 funds opened new Rite Aid Corporation positions in Q3 2022 and 29 closed out, a net change of -13 holders.
- The largest Rite Aid Corporation buyer in Q3 2022 was Edgestream Partners, an estimated $4.1M added.
- The largest Rite Aid Corporation seller in Q3 2022 was Dimensional Fund Advisors, an estimated $6.78M sold.
Based on aggregated 13F filings for Q3 2022.