Ready Capital
268 hedge funds and large institutions have $860M invested in Ready Capital in 2024 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 72 increasing their positions, 98 reducing their positions, and 33 closing their positions.
18% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 33
2% more funds holding
Funds holding: 263 → 268 (+5)
2.49% less ownership
Funds ownership: 56.9% → 54.41% (-2.5%)
15% less capital invested
Capital invested by funds: $1.01B → $860M (-$146M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 98
73% less call options, than puts
Call options by funds: $6.72M | Put options by funds: $24.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.85M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.1M |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$1.55M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$1.55M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.6M |
| 2 |
MW
Melia Wealth
Tulsa,
Oklahoma
|
-$7.83M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$6.35M |
| 4 |
JP Morgan Chase
New York
|
-$6.04M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$3.87M |
RC Hedge Fund Activity: Q1 2024 in Review
268 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q1 2024, worth a combined $860M — down 15% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RC positions and 33 closed out — a net gain of 6 holders — while 72 added to existing stakes and 98 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $8.85M. The largest seller was Morgan Stanley, cutting an estimated $14.6M.
- 268 institutional investors held Ready Capital (RC) as of Q1 2024, up from 263 in Q4 2023.
- Funds reported $860M of Ready Capital stock for Q1 2024, down 15% quarter-over-quarter.
- 39 funds opened new Ready Capital positions in Q1 2024 and 33 closed out, a net change of +6 holders.
- The largest Ready Capital buyer in Q1 2024 was Balyasny Asset Management, an estimated $8.85M added.
- The largest Ready Capital seller in Q1 2024 was Morgan Stanley, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2024.