Ready Capital
44 hedge funds and large institutions have $56.1M invested in Ready Capital in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
2% more funds holding
Funds holding: 43 → 44 (+1)
2% less capital invested
Capital invested by funds: $57.1M → $56.1M (-$995K)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$6.56M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.53M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.45M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.28M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$938K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.44M |
| 2 |
Millennium Management
New York
|
-$3.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.41M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.36M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Prudential Financial
Newark,
New Jersey
| – | -$167K | -10,010 | Closed |
|
|
NFA
52
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$74K | -4,434 | Closed |
|
|
AIG
53
American International Group
New York
| – | -$64K | -3,842 | Closed |
|
|
BA
54
BlackRock Advisors
Wilmington,
Delaware
| – | -$51K | -3,085 | Closed |
|
|
SO
55
STRS Ohio
Columbus,
Ohio
| – | -$43K | -2,586 | Closed |
|
56
Ameriprise
Minneapolis,
Minnesota
| – | -$3K | -190 | Closed |
|
RC Hedge Fund Activity: Q2 2014 in Review
44 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q2 2014, worth a combined $56.1M — down 1.7% from $57.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RC positions and 12 closed out — a net gain of 2 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $6.56M. The largest seller was Wellington Management Group, exiting entirely with an estimated $4.44M sold.
- 44 institutional investors held Ready Capital (RC) as of Q2 2014, up from 43 in Q1 2014.
- Funds reported $56.1M of Ready Capital stock for Q2 2014, down 1.7% quarter-over-quarter.
- 14 funds opened new Ready Capital positions in Q2 2014 and 12 closed out, a net change of +2 holders.
- The largest Ready Capital buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $6.56M added.
- The largest Ready Capital seller in Q2 2014 was Wellington Management Group, an estimated $4.44M sold.
Based on aggregated 13F filings for Q2 2014.