Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
111 hedge funds and large institutions have $29.5M invested in Rite Aid Corporation in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 16 increasing their positions, 38 reducing their positions, and 48 closing their positions.
21% less funds holding
Funds holding: 141 → 111 (-30)
53% less capital invested
Capital invested by funds: $62.5M → $29.5M (-$33M)
58% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 38
60% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 48
82% less call options, than puts
Call options by funds: $2.47M | Put options by funds: $13.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.95M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$1.19M |
| 3 |
M
Murchinson
Toronto,
Ontario, Canada
|
+$1.19M |
| 4 |
Millennium Management
New York
|
+$1.01M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$906K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.52M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.46M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.89M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.62M |
| 5 |
Two Sigma Investments
New York
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HWA
151
HHM Wealth Advisors
Chattanooga,
Tennessee
| – | -$52 | -23 | Closed |
|
|
NA
152
NewEdge Advisors
New Orleans,
Louisiana
| – | -$49 | -22 | Closed |
|
|
EI
153
Ellevest Inc
New York
| – | -$16 | -7 | Closed |
|
|
HPC
154
HM Payson & Co
Portland,
Maine
| – | -$12 | -5 | Closed |
|
|
TWA
155
TCI Wealth Advisors
Tucson,
Arizona
| – | -$7 | -3 | Closed |
|
156
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$4 | +2 | +3% |
|
157
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$100 | +50 | New |
|
RAD Hedge Fund Activity: Q2 2023 in Review
111 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q2 2023, worth a combined $29.5M — down 53% from $62.5M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of RAD and 19 opened new positions — a net loss of 29 holders — while 38 trimmed existing stakes and 16 added.
The largest buyer was Renaissance Technologies, adding an estimated $1.95M. The largest seller was BlackRock, cutting an estimated $5.52M.
- 111 institutional investors held Rite Aid Corporation (RAD) as of Q2 2023, down from 141 in Q1 2023.
- Funds reported $29.5M of Rite Aid Corporation stock for Q2 2023, down 53% quarter-over-quarter.
- 19 funds opened new Rite Aid Corporation positions in Q2 2023 and 48 closed out, a net change of -29 holders.
- The largest Rite Aid Corporation buyer in Q2 2023 was Renaissance Technologies, an estimated $1.95M added.
- The largest Rite Aid Corporation seller in Q2 2023 was BlackRock, an estimated $5.52M sold.
Based on aggregated 13F filings for Q2 2023.