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RC

Ready Capital

264 hedge funds and large institutions have $888M invested in Ready Capital in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 80 increasing their positions, 89 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 22

30% more call options, than puts

Call options by funds: $3.79M | Put options by funds: $2.92M

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

4% more funds holding

Funds holding: 254264 (+10)

0.85% less ownership

Funds ownership: 51.79%50.94% (-0.85%)

10% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 89

12% less capital invested

Capital invested by funds: $1.01B → $888M (-$122M)

Holders
264
Holders Change
+10
Holders Change %
+3.94%
% of All Funds
4.19%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
33
Increased
80
Reduced
89
Closed
22
Calls
$3.79M
Puts
$2.92M
Net Calls
+$869K
Net Calls Change
+$12M
Name Holding Trade Value Shares
Change
Change in
Stake
Public Sector Pension Investment Board (PSP Investments)
51
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.97M -$1M -91,170 -32%
Millennium Management
52
Millennium Management
New York
$1.91M +$2.08M +188,906 New
UBS AM
53
UBS AM
Illinois
$1.9M +$994K +90,397 +92%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$1.81M -$209K -19,009 -10%
BPA
55
Beacon Pointe Advisors
California
$1.78M -$478K -43,500 -20%
SGI
56
Summit Global Investments
Utah
$1.72M +$22 +2 +0%
Bank of America
57
Bank of America
North Carolina
$1.63M +$30.4K +2,768 +2%
CS
58
Credit Suisse
Switzerland
$1.56M -$315K -28,636 -16%
SCP
59
Shorepoint Capital Partners
Massachusetts
$1.47M
Thrivent Financial for Lutherans
60
Thrivent Financial for Lutherans
Minnesota
$1.46M -$108K -9,845 -6%
Nisa Investment Advisors
61
Nisa Investment Advisors
Missouri
$1.42M +$36.7K +3,338 +2%
LAMC
62
Lubert-Adler Management Company
Pennsylvania
$1.41M
Canada Life
63
Canada Life
Manitoba, Canada
$1.39M -$48.7K -4,429 -3%
LSV Asset Management
64
LSV Asset Management
Illinois
$1.38M
PAMG
65
Patton Albertson Miller Group
Tennessee
$1.37M -$59.4K -5,405 -4%
TPSF
66
Texas Permanent School Fund
Texas
$1.35M -$86.8K -7,891 -6%
P
67
&Partners
Tennessee
$1.27M -$22.7K -2,060 -2%
Royal Bank of Canada
68
Royal Bank of Canada
Ontario, Canada
$1.27M -$29.2K -2,655 -2%
PCMU
69
Paragon Capital Management (Utah)
Utah
$1.17M
CCA
70
Cobblestone Capital Advisors
New York
$1.17M
Osaic Holdings
71
Osaic Holdings
Arizona
$1.11M -$59.5K -5,413 -5%
HF
72
HRT Financial
New York
$1.09M +$1.19M +108,228 New
MFG
73
Magnus Financial Group
New York
$1.09M -$44K -4,000 -4%
MA
74
Mutual Advisors
Nebraska
$1.07M -$2.09K -190 -0.2%
COPPSERS
75
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.07M -$844K -76,790 -42%

RC Hedge Fund Activity: Q3 2023 in Review

264 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q3 2023, worth a combined $888M — down 12% from $1.01B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new RC positions and 22 closed out — a net gain of 11 holders — while 80 added to existing stakes and 89 trimmed.

The largest buyer was Ramsey Quantitative Systems, opening a new position worth an estimated $13.6M. The largest seller was Verition Fund Management, exiting entirely with an estimated $16.1M sold.

  • 264 institutional investors held Ready Capital (RC) as of Q3 2023, up from 254 in Q2 2023.
  • Funds reported $888M of Ready Capital stock for Q3 2023, down 12% quarter-over-quarter.
  • 33 funds opened new Ready Capital positions in Q3 2023 and 22 closed out, a net change of +11 holders.
  • The largest Ready Capital buyer in Q3 2023 was Ramsey Quantitative Systems, an estimated $13.6M added.
  • The largest Ready Capital seller in Q3 2023 was Verition Fund Management, an estimated $16.1M sold.

Based on aggregated 13F filings for Q3 2023.