Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
440 hedge funds and large institutions have $5.8B invested in Rite Aid Corporation in 2016 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 151 increasing their positions, 123 reducing their positions, and 60 closing their positions.
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
23% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 123
5% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 60
0% less funds holding
Funds holding: 442 → 440 (-2)
31% less capital invested
Capital invested by funds: $8.4B → $5.8B (-$2.6B)
58% less call options, than puts
Call options by funds: $57.5M | Put options by funds: $136M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$236M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$83.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$68.7M |
| 4 |
CGI
CI Global Investments
Oakland,
California
|
+$63.8M |
| 5 |
HHC
Hutchin Hill Capital
New York
|
+$61.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$267M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$232M |
| 3 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$216M |
| 4 |
JP Morgan Chase
New York
|
-$72.9M |
| 5 |
EPCM
Eton Park Capital Management
New York
|
-$64.3M |
RAD Hedge Fund Activity: Q1 2016 in Review
440 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q1 2016, worth a combined $5.8B — down 31% from $8.4B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new RAD positions and 60 closed out — a net gain of 3 holders — while 151 added to existing stakes and 123 trimmed.
The largest buyer was Franklin Resources, adding an estimated $236M. The largest seller was T. Rowe Price Associates, cutting an estimated $267M.
- 440 institutional investors held Rite Aid Corporation (RAD) as of Q1 2016, down from 442 in Q4 2015.
- Funds reported $5.8B of Rite Aid Corporation stock for Q1 2016, down 31% quarter-over-quarter.
- 63 funds opened new Rite Aid Corporation positions in Q1 2016 and 60 closed out, a net change of +3 holders.
- The largest Rite Aid Corporation buyer in Q1 2016 was Franklin Resources, an estimated $236M added.
- The largest Rite Aid Corporation seller in Q1 2016 was T. Rowe Price Associates, an estimated $267M sold.
Based on aggregated 13F filings for Q1 2016.