Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
321 hedge funds and large institutions have $695M invested in Rite Aid Corporation in 2018 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 70 increasing their positions, 90 reducing their positions, and 69 closing their positions.
5.39% less ownership
Funds ownership: 56.29% → 50.9% (-5.4%)
9% less funds holding
Funds holding: 352 → 321 (-31)
22% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 90
33% less capital invested
Capital invested by funds: $1.04B → $695M (-$343M)
43% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 69
54% less call options, than puts
Call options by funds: $7.19M | Put options by funds: $15.5M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$6.73M |
| 2 |
Millennium Management
New York
|
+$6.23M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$5.04M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.09M |
| 5 |
KC
Kepos Capital
New York
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$25.4M |
| 2 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$22.8M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$14.8M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$13.6M |
| 5 |
Goldman Sachs
New York
|
-$9.85M |
RAD Hedge Fund Activity: Q3 2018 in Review
321 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q3 2018, worth a combined $695M — down 33% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of RAD and 39 opened new positions — a net loss of 30 holders — while 90 trimmed existing stakes and 70 added.
The largest buyer was State Street, adding an estimated $6.73M. The largest seller was Highfields Capital Management, cutting an estimated $25.4M.
- 321 institutional investors held Rite Aid Corporation (RAD) as of Q3 2018, down from 352 in Q2 2018.
- Funds reported $695M of Rite Aid Corporation stock for Q3 2018, down 33% quarter-over-quarter.
- 39 funds opened new Rite Aid Corporation positions in Q3 2018 and 69 closed out, a net change of -30 holders.
- The largest Rite Aid Corporation buyer in Q3 2018 was State Street, an estimated $6.73M added.
- The largest Rite Aid Corporation seller in Q3 2018 was Highfields Capital Management, an estimated $25.4M sold.
Based on aggregated 13F filings for Q3 2018.