Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
185 hedge funds and large institutions have $273M invested in Rite Aid Corporation in 2020 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 45 increasing their positions, 51 reducing their positions, and 35 closing their positions.
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
2% less funds holding
Funds holding: 188 → 185 (-3)
12% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 51
24% less call options, than puts
Call options by funds: $38.4M | Put options by funds: $50.3M
51% less capital invested
Capital invested by funds: $555M → $273M (-$282M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.81M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$4.14M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.13M |
| 5 |
RA
Royce & Associates
New York
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$24.9M |
| 2 |
Renaissance Technologies
New York
|
-$12.6M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.64M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$7.04M |
| 5 |
Morgan Stanley
New York
|
-$6.03M |
RAD Hedge Fund Activity: Q3 2020 in Review
185 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q3 2020, worth a combined $273M — down 51% from $555M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of RAD and 34 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 45 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.1M. The largest seller was D.E. Shaw & Co, cutting an estimated $24.9M.
- 185 institutional investors held Rite Aid Corporation (RAD) as of Q3 2020, down from 188 in Q2 2020.
- Funds reported $273M of Rite Aid Corporation stock for Q3 2020, down 51% quarter-over-quarter.
- 34 funds opened new Rite Aid Corporation positions in Q3 2020 and 35 closed out, a net change of -1 holder.
- The largest Rite Aid Corporation buyer in Q3 2020 was Susquehanna International Group, an estimated $5.1M added.
- The largest Rite Aid Corporation seller in Q3 2020 was D.E. Shaw & Co, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2020.