Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
180 hedge funds and large institutions have $224M invested in Rite Aid Corporation in 2022 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 47 reducing their positions, and 33 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 47
5% less funds holding
Funds holding: 190 → 180 (-10)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
31% less capital invested
Capital invested by funds: $326M → $224M (-$102M)
41% less call options, than puts
Call options by funds: $16.8M | Put options by funds: $28.3M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$9.81M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.78M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.96M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.38M |
| 5 |
Two Sigma Investments
New York
|
+$1.74M |
Top Sellers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.1M |
| 2 |
Millennium Management
New York
|
-$10M |
| 3 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$5.33M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.24M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$4.12M |
RAD Hedge Fund Activity: Q2 2022 in Review
180 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q2 2022, worth a combined $224M — down 31% from $326M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of RAD and 29 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 51 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $9.81M. The largest seller was Vanguard Group, cutting an estimated $12.1M.
- 180 institutional investors held Rite Aid Corporation (RAD) as of Q2 2022, down from 190 in Q1 2022.
- Funds reported $224M of Rite Aid Corporation stock for Q2 2022, down 31% quarter-over-quarter.
- 29 funds opened new Rite Aid Corporation positions in Q2 2022 and 33 closed out, a net change of -4 holders.
- The largest Rite Aid Corporation buyer in Q2 2022 was GMT Capital, an estimated $9.81M added.
- The largest Rite Aid Corporation seller in Q2 2022 was Vanguard Group, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2022.