Rite Aid Corporation
RAD was delisted on the 13th of October, 2023.
93 hedge funds and large institutions have $7.55M invested in Rite Aid Corporation in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 30 closing their positions.
5.32% less ownership
Funds ownership: 34.6% → 29.29% (-5.3%)
16% less funds holding
Funds holding: 111 → 93 (-18)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
57% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 30
68% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $4.71M
74% less capital invested
Capital invested by funds: $29.5M → $7.55M (-$22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$1.35M |
| 2 |
Barclays
London,
United Kingdom
|
+$1.15M |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$670K |
| 4 |
VF
Virtu Financial
New York
|
+$295K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.66M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$796K |
| 3 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$796K |
| 4 |
Millennium Management
New York
|
-$758K |
| 5 |
Two Sigma Investments
New York
|
-$752K |
RAD Hedge Fund Activity: Q3 2023 in Review
93 of the 6,311 institutional investors tracked by Wall St. Rank reported a position in Rite Aid Corporation (RAD) for Q3 2023, worth a combined $7.55M — down 74% from $29.5M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of RAD and 13 opened new positions — a net loss of 17 holders — while 24 trimmed existing stakes and 18 added.
The largest buyer was Charles Schwab, adding an estimated $1.35M. The largest seller was Renaissance Technologies, cutting an estimated $1.66M.
- 93 institutional investors held Rite Aid Corporation (RAD) as of Q3 2023, down from 111 in Q2 2023.
- Funds reported $7.55M of Rite Aid Corporation stock for Q3 2023, down 74% quarter-over-quarter.
- 13 funds opened new Rite Aid Corporation positions in Q3 2023 and 30 closed out, a net change of -17 holders.
- The largest Rite Aid Corporation buyer in Q3 2023 was Charles Schwab, an estimated $1.35M added.
- The largest Rite Aid Corporation seller in Q3 2023 was Renaissance Technologies, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2023.