Rand Capital
RAND
14 hedge funds and large institutions have $2.02M invested in Rand Capital in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 0 closing their positions.
17% more funds holding
Funds holding: 12 → 14 (+2)
0.05% more ownership
Funds ownership: 1.36% → 1.42% (+0.05%)
1% less capital invested
Capital invested by funds: $2.03M → $2.02M (-$12.5K)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPW
Winthrop Partners - WNY
Buffalo,
New York
|
+$127K |
| 2 |
M&T Bank
Buffalo,
New York
|
+$39.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.98K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$188 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Emancipation Management
New York
|
-$43K |
| 2 |
RA
Raffles Associates
New York
|
-$39.1K |
| 3 |
SRC
Shufro Rose & Co
New York
|
-$7.9K |
| 4 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$328 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ABC
1
Associated Banc-Corp
Green Bay,
Wisconsin
| $750K | – | – | – |
|
|
SRC
2
Shufro Rose & Co
New York
| $464K | -$7.9K | -337 | -2% |
|
|
EM
3
Emancipation Management
New York
| $297K | -$43K | -1,833 | -12% |
|
|
WPW
4
Winthrop Partners - WNY
Buffalo,
New York
| $121K | +$127K | +5,400 | New |
|
|
RA
5
Raffles Associates
New York
| $100K | -$39.1K | -1,667 | -27% |
|
6
William Blair & Company
Chicago,
Illinois
| $75K | – | – | – |
|
|
CC
7
Courier Capital
Buffalo,
New York
| $67K | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $45K | – | – | – |
|
|
9
M&T Bank
Buffalo,
New York
| $38K | +$39.8K | +1,696 | New |
|
|
MA
10
Minerva Advisors
Bala Cynwyd,
Pennsylvania
| $35K | -$328 | -14 | -0.9% |
|
|
11
UBS Group
Zurich,
Switzerland
| $18K | +$3.98K | +170 | +28% |
|
12
Morgan Stanley
New York
| $5K | – | – | – |
|
|
LTFS
13
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | +$188 | +8 | +100% |
|
RAND Hedge Fund Activity: Q3 2019 in Review
14 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Rand Capital (RAND) for Q3 2019, worth a combined $2.02M — down 0.62% from $2.03M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new RAND positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Winthrop Partners - WNY, opening a new position worth an estimated $127K. The largest seller was Emancipation Management, cutting an estimated $43K.
- 14 institutional investors held Rand Capital (RAND) as of Q3 2019, up from 12 in Q2 2019.
- Funds reported $2.02M of Rand Capital stock for Q3 2019, down 0.62% quarter-over-quarter.
- 2 funds opened new Rand Capital positions in Q3 2019 and 0 closed out, a net change of +2 holders.
- The largest Rand Capital buyer in Q3 2019 was Winthrop Partners - WNY, an estimated $127K added.
- The largest Rand Capital seller in Q3 2019 was Emancipation Management, an estimated $43K sold.
Based on aggregated 13F filings for Q3 2019.