RAIT Financial Trust
RAS
RAS was delisted on the 11th of May, 2018.
107 hedge funds and large institutions have $163M invested in RAIT Financial Trust in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 29 reducing their positions, and 26 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 29
19% more capital invested
Capital invested by funds: $138M → $163M (+$25.5M)
8% less funds holding
Funds holding: 116 → 107 (-9)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
48% less call options, than puts
Call options by funds: $233K | Put options by funds: $444K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Tiptree Advisors
New York
|
+$13.4M |
| 2 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$5.76M |
| 3 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
+$3.66M |
| 4 |
Barclays
London,
United Kingdom
|
+$1.88M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$6.27M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.14M |
| 3 |
Citigroup
New York
|
-$3.83M |
| 4 |
GXMC
Global X Management Company
New York
|
-$3.42M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
BNP Paribas Financial Markets
Paris,
France
| – | -$45.5K | -16,850 | Closed |
|
127
Jane Street
New York
| – | -$30K | -11,066 | Closed |
|
|
CIA
128
Capital Investment Advisors
Atlanta,
Georgia
| – | -$28K | -10,200 | Closed |
|
129
Group One Trading
Chicago,
Illinois
| – | -$22.8K | -8,900 | Closed |
|
130
Simplex Trading
Chicago,
Illinois
| – | -$7.79K | -3,043 | Closed |
|
|
IA
131
IFP Advisors
Tampa,
Florida
| – | -$7K | -2,749 | Closed |
|
|
QCG
132
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$7K | -2,638 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$1K | -302 | Closed |
|
RAS Hedge Fund Activity: Q1 2016 in Review
107 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RAIT Financial Trust (RAS) for Q1 2016, worth a combined $163M — up 19% from $138M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of RAS and 17 opened new positions — a net loss of 9 holders — while 29 trimmed existing stakes and 43 added.
The largest buyer was Tiptree Advisors, adding an estimated $13.4M. The largest seller was Advisors Capital Management, exiting entirely with an estimated $6.27M sold.
- 107 institutional investors held RAIT Financial Trust (RAS) as of Q1 2016, down from 116 in Q4 2015.
- Funds reported $163M of RAIT Financial Trust stock for Q1 2016, up 19% quarter-over-quarter.
- 17 funds opened new RAIT Financial Trust positions in Q1 2016 and 26 closed out, a net change of -9 holders.
- The largest RAIT Financial Trust buyer in Q1 2016 was Tiptree Advisors, an estimated $13.4M added.
- The largest RAIT Financial Trust seller in Q1 2016 was Advisors Capital Management, an estimated $6.27M sold.
Based on aggregated 13F filings for Q1 2016.