Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
187 hedge funds and large institutions have $501M invested in Rite Aid Corporation in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 50 reducing their positions, and 44 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 50
10% less funds holding
Funds holding: 208 → 187 (-21)
18% less call options, than puts
Call options by funds: $58.4M | Put options by funds: $71.2M
23% less capital invested
Capital invested by funds: $653M → $501M (-$152M)
45% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$13.9M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$9.18M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.77M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$6.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$26.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.8M |
| 3 |
BlackRock
New York
|
-$11.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$9.37M |
| 5 |
SC
Sculptor Capital
New York
|
-$6.37M |
RAD Hedge Fund Activity: Q2 2021 in Review
187 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q2 2021, worth a combined $501M — down 23% from $653M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of RAD and 24 opened new positions — a net loss of 20 holders — while 50 trimmed existing stakes and 52 added.
The largest buyer was JP Morgan Chase, adding an estimated $13.9M. The largest seller was Renaissance Technologies, cutting an estimated $26.1M.
- 187 institutional investors held Rite Aid Corporation (RAD) as of Q2 2021, down from 208 in Q1 2021.
- Funds reported $501M of Rite Aid Corporation stock for Q2 2021, down 23% quarter-over-quarter.
- 24 funds opened new Rite Aid Corporation positions in Q2 2021 and 44 closed out, a net change of -20 holders.
- The largest Rite Aid Corporation buyer in Q2 2021 was JP Morgan Chase, an estimated $13.9M added.
- The largest Rite Aid Corporation seller in Q2 2021 was Renaissance Technologies, an estimated $26.1M sold.
Based on aggregated 13F filings for Q2 2021.