Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
264 hedge funds and large institutions have $334M invested in Rite Aid Corporation in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 65 increasing their positions, 76 reducing their positions, and 52 closing their positions.
4% less capital invested
Capital invested by funds: $348M → $334M (-$14.1M)
9% less funds holding
Funds holding: 291 → 264 (-27)
14% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 76
26% less call options, than puts
Call options by funds: $2.36M | Put options by funds: $3.2M
50% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 52
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24M |
| 2 |
JP Morgan Chase
New York
|
+$15.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.05M |
| 4 |
Citigroup
New York
|
+$1.31M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$4.27M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.36M |
| 4 |
Morgan Stanley
New York
|
-$2.79M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.34M |
RAD Hedge Fund Activity: Q1 2019 in Review
264 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q1 2019, worth a combined $334M — down 4% from $348M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of RAD and 26 opened new positions — a net loss of 26 holders — while 76 trimmed existing stakes and 65 added.
The largest buyer was Vanguard Group, adding an estimated $24M. The largest seller was Franklin Resources, cutting an estimated $4.27M.
- 264 institutional investors held Rite Aid Corporation (RAD) as of Q1 2019, down from 291 in Q4 2018.
- Funds reported $334M of Rite Aid Corporation stock for Q1 2019, down 4% quarter-over-quarter.
- 26 funds opened new Rite Aid Corporation positions in Q1 2019 and 52 closed out, a net change of -26 holders.
- The largest Rite Aid Corporation buyer in Q1 2019 was Vanguard Group, an estimated $24M added.
- The largest Rite Aid Corporation seller in Q1 2019 was Franklin Resources, an estimated $4.27M sold.
Based on aggregated 13F filings for Q1 2019.