RAIT Financial Trust
RAS
RAS was delisted on the 11th of May, 2018.
108 hedge funds and large institutions have $180M invested in RAIT Financial Trust in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 13 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 30
21% more call options, than puts
Call options by funds: $392K | Put options by funds: $323K
9% more capital invested
Capital invested by funds: $165M → $180M (+$14.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 115 → 108 (-7)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$9.29M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
+$2.85M |
| 3 |
Renaissance Technologies
New York
|
+$1.75M |
| 4 |
RA
Royce & Associates
New York
|
+$519K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$7.04M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.21M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.05M |
| 5 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$876K |
RAS Hedge Fund Activity: Q3 2016 in Review
108 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in RAIT Financial Trust (RAS) for Q3 2016, worth a combined $180M — up 9% from $165M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of RAS and 6 opened new positions — a net loss of 7 holders — while 30 trimmed existing stakes and 40 added.
The largest buyer was Highland Capital Management (Texas), adding an estimated $9.29M. The largest seller was Sterling Capital Management, exiting entirely with an estimated $7.04M sold.
- 108 institutional investors held RAIT Financial Trust (RAS) as of Q3 2016, down from 115 in Q2 2016.
- Funds reported $180M of RAIT Financial Trust stock for Q3 2016, up 9% quarter-over-quarter.
- 6 funds opened new RAIT Financial Trust positions in Q3 2016 and 13 closed out, a net change of -7 holders.
- The largest RAIT Financial Trust buyer in Q3 2016 was Highland Capital Management (Texas), an estimated $9.29M added.
- The largest RAIT Financial Trust seller in Q3 2016 was Sterling Capital Management, an estimated $7.04M sold.
Based on aggregated 13F filings for Q3 2016.