Rand Capital
RAND
11 hedge funds and large institutions have $1.17M invested in Rand Capital in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
120% more funds holding
Funds holding: 5 → 11 (+6)
0.19% less ownership
Funds ownership: 2.27% → 2.09% (-0.19%)
12% less capital invested
Capital invested by funds: $1.33M → $1.17M (-$156K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Courier Capital
Buffalo,
New York
|
+$374K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$335K |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$245K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$95.9K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMCIP
Ewing Morris & Co Investment Partners
Toronto,
Ontario, Canada
|
-$472K |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$357K |
| 3 |
NA
Nottingham Advisors
Amherst,
New York
|
-$281K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
1
Courier Capital
Buffalo,
New York
| $315K | +$374K | +16,763 | New |
|
|
2
Citadel Advisors
Miami,
Florida
| $287K | +$335K | +14,981 | New |
|
|
SRC
3
Shufro Rose & Co
New York
| $263K | -$357K | -16,000 | -53% |
|
|
OSAM
4
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $211K | +$245K | +10,989 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $80.6K | +$95.9K | +4,292 | New |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $11.3K | +$13.5K | +603 | New |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | +$6.7K | +300 | New |
|
|
FFA
8
Farther Finance Advisors
San Francisco,
California
| $174 | – | – | – |
|
9
Fidelity Investments
Boston,
Massachusetts
| $75 | +$89 | +4 | New |
|
10
Morgan Stanley
New York
| $37 | – | – | – |
|
11
Wells Fargo
San Francisco,
California
| $17 | +$22 | +1 | New |
|
|
NA
12
Nottingham Advisors
Amherst,
New York
| – | -$281K | -14,579 | Closed |
|
|
EMCIP
13
Ewing Morris & Co Investment Partners
Toronto,
Ontario, Canada
| – | -$472K | -14,003 | Closed |
|
RAND Hedge Fund Activity: Q1 2025 in Review
11 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Rand Capital (RAND) for Q1 2025, worth a combined $1.17M — down 12% from $1.33M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RAND positions and 2 closed out — a net gain of 6 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Courier Capital, opening a new position worth an estimated $374K. The largest seller was Ewing Morris & Co Investment Partners, exiting entirely with an estimated $472K sold.
- 11 institutional investors held Rand Capital (RAND) as of Q1 2025, up from 5 in Q4 2024.
- Funds reported $1.17M of Rand Capital stock for Q1 2025, down 12% quarter-over-quarter.
- 8 funds opened new Rand Capital positions in Q1 2025 and 2 closed out, a net change of +6 holders.
- The largest Rand Capital buyer in Q1 2025 was Courier Capital, an estimated $374K added.
- The largest Rand Capital seller in Q1 2025 was Ewing Morris & Co Investment Partners, an estimated $472K sold.
Based on aggregated 13F filings for Q1 2025.