Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
188 hedge funds and large institutions have $555M invested in Rite Aid Corporation in 2020 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 38 closing their positions.
52% more call options, than puts
Call options by funds: $94.9M | Put options by funds: $62.5M
25% more capital invested
Capital invested by funds: $445M → $555M (+$111M)
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
3% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 38
1% more funds holding
Funds holding: 187 → 188 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$22.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.6M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10.8M |
| 4 |
Renaissance Technologies
New York
|
+$9.95M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$11.6M |
| 2 |
Millennium Management
New York
|
-$11.6M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$7.53M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.94M |
| 5 |
Goldman Sachs
New York
|
-$5.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -35 | Closed |
|
|
EW
202
Evoke Wealth
Los Angeles,
California
| – | -$345 | -23 | Closed |
|
|
GT
203
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$216 | -16 | -42% |
|
RAD Hedge Fund Activity: Q2 2020 in Review
188 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q2 2020, worth a combined $555M — up 25% from $445M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RAD positions and 38 closed out — a net gain of 1 holder — while 47 added to existing stakes and 38 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $22.4M. The largest seller was Victory Capital Management, cutting an estimated $11.6M.
- 188 institutional investors held Rite Aid Corporation (RAD) as of Q2 2020, up from 187 in Q1 2020.
- Funds reported $555M of Rite Aid Corporation stock for Q2 2020, up 25% quarter-over-quarter.
- 39 funds opened new Rite Aid Corporation positions in Q2 2020 and 38 closed out, a net change of +1 holder.
- The largest Rite Aid Corporation buyer in Q2 2020 was D.E. Shaw & Co, an estimated $22.4M added.
- The largest Rite Aid Corporation seller in Q2 2020 was Victory Capital Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2020.