Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
208 hedge funds and large institutions have $653M invested in Rite Aid Corporation in 2021 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 41 increasing their positions, 65 reducing their positions, and 25 closing their positions.
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
31% more capital invested
Capital invested by funds: $499M → $653M (+$153M)
12% more call options, than puts
Call options by funds: $74.1M | Put options by funds: $65.9M
6% more funds holding
Funds holding: 196 → 208 (+12)
37% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$31.7M |
| 2 |
BlackRock
New York
|
+$17.2M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$9.94M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$16.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$12.4M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$11.9M |
| 4 |
EP
Eversept Partners
New York
|
-$10.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.64M |
RAD Hedge Fund Activity: Q1 2021 in Review
208 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q1 2021, worth a combined $653M — up 31% from $499M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RAD positions and 25 closed out — a net gain of 14 holders — while 41 added to existing stakes and 65 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $31.7M. The largest seller was Parametric Portfolio Associates, cutting an estimated $16.5M.
- 208 institutional investors held Rite Aid Corporation (RAD) as of Q1 2021, up from 196 in Q4 2020.
- Funds reported $653M of Rite Aid Corporation stock for Q1 2021, up 31% quarter-over-quarter.
- 39 funds opened new Rite Aid Corporation positions in Q1 2021 and 25 closed out, a net change of +14 holders.
- The largest Rite Aid Corporation buyer in Q1 2021 was Renaissance Technologies, an estimated $31.7M added.
- The largest Rite Aid Corporation seller in Q1 2021 was Parametric Portfolio Associates, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2021.