Ready Capital
46 hedge funds and large institutions have $130M invested in Ready Capital in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
7% more funds holding
Funds holding: 43 → 46 (+3)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
1% more capital invested
Capital invested by funds: $129M → $130M (+$1.63M)
1.69% less ownership
Funds ownership: 29.39% → 27.7% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.8M |
| 2 |
Millennium Management
New York
|
+$2.36M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.3M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
+$2.18M |
| 5 |
Morgan Stanley
New York
|
+$969K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$7.64M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$7.49M |
| 3 |
XGI
XL Group Investments
Hamilton,
Bermuda
|
-$2.71M |
| 4 |
Renaissance Technologies
New York
|
-$1.85M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$153K | -11,381 | Closed |
|
52
Bank of America
Charlotte,
North Carolina
| – | -$75.8K | -5,563 | -100% |
|
|
AG
53
Advisor Group
Phoenix,
Arizona
| – | -$26K | -1,920 | Closed |
|
RC Hedge Fund Activity: Q1 2017 in Review
46 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q1 2017, worth a combined $130M — up 1.3% from $129M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RC positions and 7 closed out — a net gain of 6 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $10.8M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $7.64M.
- 46 institutional investors held Ready Capital (RC) as of Q1 2017, up from 43 in Q4 2016.
- Funds reported $130M of Ready Capital stock for Q1 2017, up 1.3% quarter-over-quarter.
- 13 funds opened new Ready Capital positions in Q1 2017 and 7 closed out, a net change of +6 holders.
- The largest Ready Capital buyer in Q1 2017 was BlackRock, an estimated $10.8M added.
- The largest Ready Capital seller in Q1 2017 was Philadelphia Financial Management of San Francisco, an estimated $7.64M sold.
Based on aggregated 13F filings for Q1 2017.