Ready Capital
42 hedge funds and large institutions have $48.4M invested in Ready Capital in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 9 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $46.6M → $48.4M (+$1.87M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 46 → 42 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
+$6.83M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.01M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.3M |
| 4 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
+$600K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SONJCPFE
State of New Jersey Common Pension Fund E
Trenton,
New Jersey
|
-$6.91M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$471K |
| 3 |
D.E. Shaw & Co
New York
|
-$398K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$301K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$257K |
RC Hedge Fund Activity: Q4 2013 in Review
42 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q4 2013, worth a combined $48.4M — up 4% from $46.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RC and 5 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 17 added.
The largest buyer was State of New Jersey Common Pension Fund A, opening a new position worth an estimated $6.83M. The largest seller was State of New Jersey Common Pension Fund E, exiting entirely with an estimated $6.91M sold.
- 42 institutional investors held Ready Capital (RC) as of Q4 2013, down from 46 in Q3 2013.
- Funds reported $48.4M of Ready Capital stock for Q4 2013, up 4% quarter-over-quarter.
- 5 funds opened new Ready Capital positions in Q4 2013 and 9 closed out, a net change of -4 holders.
- The largest Ready Capital buyer in Q4 2013 was State of New Jersey Common Pension Fund A, an estimated $6.83M added.
- The largest Ready Capital seller in Q4 2013 was State of New Jersey Common Pension Fund E, an estimated $6.91M sold.
Based on aggregated 13F filings for Q4 2013.