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RAD

Rite Aid Corporation

Delisted

RAD was delisted on the 13th of October, 2023.

111 hedge funds and large institutions have $29.5M invested in Rite Aid Corporation in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 16 increasing their positions, 38 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% less funds holding

Funds holding: 141111 (-30)

53% less capital invested

Capital invested by funds: $62.5M → $29.5M (-$33M)

58% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 38

60% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 48

82% less call options, than puts

Call options by funds: $2.47M | Put options by funds: $13.6M

Holders
111
Holders Change
-30
Holders Change %
-21.28%
% of All Funds
1.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
16
Reduced
38
Closed
48
Calls
$2.47M
Puts
$13.6M
Net Calls
-$11.2M
Net Calls Change
+$4.05M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$6.02M +$906K +452,410 +13%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.37M -$1.89M -942,295 -25%
Renaissance Technologies
3
Renaissance Technologies
New York
$2.96M +$1.95M +972,900 +99%
GC
4
GMT Capital
Georgia
$2.24M
BlackRock
5
BlackRock
New York
$1.74M -$5.52M -2,758,665 -70%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$971K +$258K +128,901 +25%
BFM
7
Boothbay Fund Management
New York
$897K +$1.19M +593,909 New
M
8
Murchinson
Ontario, Canada
$897K +$1.19M +593,909 New
Geode Capital Management
9
Geode Capital Management
Massachusetts
$780K -$1.04M -516,944 -50%
Millennium Management
10
Millennium Management
New York
$758K +$1.01M +501,905 New
Two Sigma Investments
11
Two Sigma Investments
New York
$752K -$1.27M -632,219 -56%
BCM
12
Bridgeway Capital Management
Texas
$624K -$3.46M -1,729,900 -81%
Two Sigma Advisers
13
Two Sigma Advisers
New York
$587K -$1.18M -588,345 -60%
Parallax Volatility Advisers
14
Parallax Volatility Advisers
California
$554K +$23.8K +11,877 +3%
State Street
15
State Street
Massachusetts
$535K -$1.62M -810,919 -70%
Morgan Stanley
16
Morgan Stanley
New York
$428K -$131K -65,339 -19%
Barclays
17
Barclays
United Kingdom
$420K +$117K +58,373 +27%
Invesco
18
Invesco
Georgia
$401K -$71.5K -35,711 -12%
RA
19
Royce & Associates
New York
$302K
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$293K -$210K -104,684 -35%
Walleye Capital
21
Walleye Capital
New York
$234K +$98.2K +49,051 +46%
Goldman Sachs
22
Goldman Sachs
New York
$205K -$72.2K -36,052 -21%
SFI
23
Susquehanna Fundamental Investments
Pennsylvania
$200K -$56.1K -28,032 -17%
Northern Trust
24
Northern Trust
Illinois
$194K -$688K -343,362 -73%
Bank of America
25
Bank of America
North Carolina
$168K -$1.17M -583,916 -84%

RAD Hedge Fund Activity: Q2 2023 in Review

111 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q2 2023, worth a combined $29.5M — down 53% from $62.5M a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of RAD and 19 opened new positions — a net loss of 29 holders — while 38 trimmed existing stakes and 16 added.

The largest buyer was Renaissance Technologies, adding an estimated $1.95M. The largest seller was BlackRock, cutting an estimated $5.52M.

  • 111 institutional investors held Rite Aid Corporation (RAD) as of Q2 2023, down from 141 in Q1 2023.
  • Funds reported $29.5M of Rite Aid Corporation stock for Q2 2023, down 53% quarter-over-quarter.
  • 19 funds opened new Rite Aid Corporation positions in Q2 2023 and 48 closed out, a net change of -29 holders.
  • The largest Rite Aid Corporation buyer in Q2 2023 was Renaissance Technologies, an estimated $1.95M added.
  • The largest Rite Aid Corporation seller in Q2 2023 was BlackRock, an estimated $5.52M sold.

Based on aggregated 13F filings for Q2 2023.