Rand Capital
RAND
8 hedge funds and large institutions have $3.12M invested in Rand Capital in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 3 closing their positions.
12% less capital invested
Capital invested by funds: $3.55M → $3.12M (-$430K)
27% less funds holding
Funds holding: 11 → 8 (-3)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Courier Capital
Buffalo,
New York
|
+$505K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Emancipation Management
New York
|
-$58.6K |
| 2 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$45K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$42.5K |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$26.2K |
| 5 |
JAM
JCIC Asset Management
Toronto,
Ontario, Canada
|
-$23K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
CIBC Private Wealth Group
Atlanta,
Georgia
| $1.12M | -$26.2K | -712 | -2% |
|
|
EM
2
Emancipation Management
New York
| $761K | -$58.6K | -1,593 | -6% |
|
|
CC
3
Courier Capital
Buffalo,
New York
| $615K | +$505K | +13,727 | +313% |
|
|
SRC
4
Shufro Rose & Co
New York
| $485K | -$2.02K | -55 | -0.4% |
|
5
Brown Advisory
Baltimore,
Maryland
| $86K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $36K | -$42.5K | -1,156 | -51% |
|
7
Creative Planning
Overland Park,
Kansas
| $8K | – | – | – |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $3K | +$1.62K | +44 | +129% |
|
|
ICAS
9
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$45K | -1,111 | Closed |
|
|
JAM
10
JCIC Asset Management
Toronto,
Ontario, Canada
| – | -$23K | -573 | Closed |
|
|
TJHA
11
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$9K | -222 | Closed |
|
RAND Hedge Fund Activity: Q2 2016 in Review
8 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Rand Capital (RAND) for Q2 2016, worth a combined $3.12M — down 12% from $3.55M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RAND and 0 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Courier Capital, adding an estimated $505K. The largest seller was Emancipation Management, cutting an estimated $58.6K.
- 8 institutional investors held Rand Capital (RAND) as of Q2 2016, down from 11 in Q1 2016.
- Funds reported $3.12M of Rand Capital stock for Q2 2016, down 12% quarter-over-quarter.
- 0 funds opened new Rand Capital positions in Q2 2016 and 3 closed out, a net change of -3 holders.
- The largest Rand Capital buyer in Q2 2016 was Courier Capital, an estimated $505K added.
- The largest Rand Capital seller in Q2 2016 was Emancipation Management, an estimated $58.6K sold.
Based on aggregated 13F filings for Q2 2016.