RAIT Financial Trust
RAS
RAS was delisted on the 11th of May, 2018.
111 hedge funds and large institutions have $351M invested in RAIT Financial Trust in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 22 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 118 → 111 (-7)
10% less capital invested
Capital invested by funds: $390M → $351M (-$39.1M)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
70% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $4.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$7.04M |
| 2 |
GXMC
Global X Management Company
New York
|
+$2.7M |
| 3 |
PCM
Pyrrho Capital Management
New York
|
+$2.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.18M |
| 5 |
Renaissance Technologies
New York
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$6.85M |
| 2 |
TA
Teachers Advisors
New York
|
-$6.81M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$1.43M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$974K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$968K |
RAS Hedge Fund Activity: Q1 2015 in Review
111 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RAIT Financial Trust (RAS) for Q1 2015, worth a combined $351M — down 10% from $390M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RAS and 15 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 43 added.
The largest buyer was Prudential Financial, opening a new position worth an estimated $7.04M. The largest seller was Senvest Management, cutting an estimated $6.85M.
- 111 institutional investors held RAIT Financial Trust (RAS) as of Q1 2015, down from 118 in Q4 2014.
- Funds reported $351M of RAIT Financial Trust stock for Q1 2015, down 10% quarter-over-quarter.
- 15 funds opened new RAIT Financial Trust positions in Q1 2015 and 22 closed out, a net change of -7 holders.
- The largest RAIT Financial Trust buyer in Q1 2015 was Prudential Financial, an estimated $7.04M added.
- The largest RAIT Financial Trust seller in Q1 2015 was Senvest Management, an estimated $6.85M sold.
Based on aggregated 13F filings for Q1 2015.