Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
190 hedge funds and large institutions have $326M invested in Rite Aid Corporation in 2022 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 56 reducing their positions, and 34 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 199 → 190 (-9)
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
37% less capital invested
Capital invested by funds: $516M → $326M (-$190M)
70% less call options, than puts
Call options by funds: $9.82M | Put options by funds: $32.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.86M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.68M |
| 3 |
MAMNY
Marathon Asset Management (New York)
New York
|
+$6.38M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.69M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
-$10.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.2M |
| 3 |
Two Sigma Advisers
New York
|
-$4.47M |
| 4 |
Squarepoint
New York
|
-$4.44M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$4.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$523 | +50 | +500% |
|
RAD Hedge Fund Activity: Q1 2022 in Review
190 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q1 2022, worth a combined $326M — down 37% from $516M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of RAD and 27 opened new positions — a net loss of 7 holders — while 56 trimmed existing stakes and 59 added.
The largest buyer was Millennium Management, adding an estimated $8.86M. The largest seller was Voloridge Investment Management, exiting entirely with an estimated $10.1M sold.
- 190 institutional investors held Rite Aid Corporation (RAD) as of Q1 2022, down from 199 in Q4 2021.
- Funds reported $326M of Rite Aid Corporation stock for Q1 2022, down 37% quarter-over-quarter.
- 27 funds opened new Rite Aid Corporation positions in Q1 2022 and 34 closed out, a net change of -7 holders.
- The largest Rite Aid Corporation buyer in Q1 2022 was Millennium Management, an estimated $8.86M added.
- The largest Rite Aid Corporation seller in Q1 2022 was Voloridge Investment Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2022.