Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
187 hedge funds and large institutions have $445M invested in Rite Aid Corporation in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 53 increasing their positions, 36 reducing their positions, and 26 closing their positions.
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
47% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 36
22% more call options, than puts
Call options by funds: $70.9M | Put options by funds: $58M
12% more capital invested
Capital invested by funds: $396M → $445M (+$48.4M)
8% more funds holding
Funds holding: 173 → 187 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$12.6M |
| 2 |
Millennium Management
New York
|
+$10M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$8.52M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.54M |
| 5 |
Goldman Sachs
New York
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$6.77M |
| 2 |
JP Morgan Chase
New York
|
-$4.05M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.16M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.88M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.72M |
RAD Hedge Fund Activity: Q1 2020 in Review
187 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q1 2020, worth a combined $445M — up 12% from $396M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new RAD positions and 26 closed out — a net gain of 17 holders — while 53 added to existing stakes and 36 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $12.6M. The largest seller was Private Management Group, cutting an estimated $6.77M.
- 187 institutional investors held Rite Aid Corporation (RAD) as of Q1 2020, up from 173 in Q4 2019.
- Funds reported $445M of Rite Aid Corporation stock for Q1 2020, up 12% quarter-over-quarter.
- 43 funds opened new Rite Aid Corporation positions in Q1 2020 and 26 closed out, a net change of +17 holders.
- The largest Rite Aid Corporation buyer in Q1 2020 was Victory Capital Management, an estimated $12.6M added.
- The largest Rite Aid Corporation seller in Q1 2020 was Private Management Group, an estimated $6.77M sold.
Based on aggregated 13F filings for Q1 2020.