RAIT Financial Trust
RAS
RAS was delisted on the 11th of May, 2018.
124 hedge funds and large institutions have $280M invested in RAIT Financial Trust in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 22 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
5% less funds holding
Funds holding: 130 → 124 (-6)
7% less capital invested
Capital invested by funds: $302M → $280M (-$22.2M)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less call options, than puts
Call options by funds: $1.68M | Put options by funds: $4.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$2.24M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.43M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$1.16M |
| 5 |
RA
Royce & Associates
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.55M |
| 2 |
EWP
Edmunds White Partners
Richmond,
Virginia
|
-$3.15M |
| 3 |
Morgan Stanley
New York
|
-$3.13M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.59M |
| 5 |
QI
QS Investors
New York
|
-$1.88M |
RAS Hedge Fund Activity: Q3 2013 in Review
124 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in RAIT Financial Trust (RAS) for Q3 2013, worth a combined $280M — down 7.4% from $302M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RAS and 19 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 44 added.
The largest buyer was Whitebox Advisors, opening a new position worth an estimated $2.24M. The largest seller was Fidelity Investments, cutting an estimated $5.55M.
- 124 institutional investors held RAIT Financial Trust (RAS) as of Q3 2013, down from 130 in Q2 2013.
- Funds reported $280M of RAIT Financial Trust stock for Q3 2013, down 7.4% quarter-over-quarter.
- 19 funds opened new RAIT Financial Trust positions in Q3 2013 and 22 closed out, a net change of -3 holders.
- The largest RAIT Financial Trust buyer in Q3 2013 was Whitebox Advisors, an estimated $2.24M added.
- The largest RAIT Financial Trust seller in Q3 2013 was Fidelity Investments, an estimated $5.55M sold.
Based on aggregated 13F filings for Q3 2013.