RAIT Financial Trust
RAS
RAS was delisted on the 11th of May, 2018.
76 hedge funds and large institutions have $5.42M invested in RAIT Financial Trust in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 32 reducing their positions, and 15 closing their positions.
11% less funds holding
Funds holding: 85 → 76 (-9)
56% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 32
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
62% less capital invested
Capital invested by funds: $14.2M → $5.42M (-$8.8M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$218K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$88.2K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$52.9K |
| 4 |
SG Americas Securities
New York
|
+$23.5K |
| 5 |
VF
Virtu Financial
New York
|
+$16.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$528K |
| 2 |
Goldman Sachs
New York
|
-$401K |
| 3 |
State Street
Boston,
Massachusetts
|
-$232K |
| 4 |
Renaissance Technologies
New York
|
-$136K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$98K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MYDA Advisors
Woodmere,
New York
| – | -$34K | -90,000 | Closed |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$23K | -62,500 | Closed |
|
78
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$19K | -51,456 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$10K | -27,085 | Closed |
|
|
RC
80
RBF Capital
San Francisco,
California
| – | -$8K | -21,000 | Closed |
|
81
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$6.17K | -16,837 | -96% |
|
82
Ameriprise
Minneapolis,
Minnesota
| – | -$5K | -14,056 | Closed |
|
83
Two Sigma Advisers
New York
| – | -$5K | -13,591 | Closed |
|
84
Parallax Volatility Advisers
San Francisco,
California
| – | -$5K | -12,684 | Closed |
|
85
Asset Management One
Tokyo,
Japan
| – | -$4K | -10,357 | Closed |
|
86
SEI Investments
Oaks,
Pennsylvania
| – | +$13 | +35 | +40% |
|
87
Simplex Trading
Chicago,
Illinois
| – | +$403 | +1,100 | New |
|
RAS Hedge Fund Activity: Q1 2018 in Review
76 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in RAIT Financial Trust (RAS) for Q1 2018, worth a combined $5.42M — down 62% from $14.2M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of RAS and 6 opened new positions — a net loss of 9 holders — while 32 trimmed existing stakes and 14 added.
The largest buyer was Invesco, adding an estimated $218K. The largest seller was Millennium Management, exiting entirely with an estimated $528K sold.
- 76 institutional investors held RAIT Financial Trust (RAS) as of Q1 2018, down from 85 in Q4 2017.
- Funds reported $5.42M of RAIT Financial Trust stock for Q1 2018, down 62% quarter-over-quarter.
- 6 funds opened new RAIT Financial Trust positions in Q1 2018 and 15 closed out, a net change of -9 holders.
- The largest RAIT Financial Trust buyer in Q1 2018 was Invesco, an estimated $218K added.
- The largest RAIT Financial Trust seller in Q1 2018 was Millennium Management, an estimated $528K sold.
Based on aggregated 13F filings for Q1 2018.