Ready Capital
108 hedge funds and large institutions have $240M invested in Ready Capital in 2019 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 46 increasing their positions, 18 reducing their positions, and 2 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 2
156% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 18
54% more capital invested
Capital invested by funds: $156M → $240M (+$84.1M)
37% more funds holding
Funds holding: 79 → 108 (+29)
15.78% more ownership
Funds ownership: 35.16% → 50.95% (+16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.5M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$10.2M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$9.92M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$2.27M |
| 2 |
Morgan Stanley
New York
|
-$1.18M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.08M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$723K |
| 5 |
Two Sigma Investments
New York
|
-$690K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
101
Quad-Cities Investment Group
Davenport,
Iowa
| $9K | +$4.58K | +300 | +83% |
|
102
Zurich Cantonal Bank
Zurich,
Switzerland
| $7K | +$7.15K | +468 | New |
|
103
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| $7K | +$7.64K | +500 | New |
|
|
FGAM
104
Financial Gravity Asset Management
Lakeway,
Texas
| $7K | +$7.81K | +511 | New |
|
|
HIM
105
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $5K | -$570K | -37,330 | -99% |
|
|
CTC
106
Central Trust Company
Jefferson City,
Missouri
| $4K | +$4.58K | +300 | New |
|
|
WAM
107
Wolverine Asset Management
Chicago,
Illinois
| $1K | +$1.33K | +87 | New |
|
|
FCM
108
FJ Capital Management
Mclean,
Virginia
| – | -$2.27M | -164,000 | Closed |
|
|
MWNA
109
Marshall Wace North America
New York
| – | -$93K | -6,742 | Closed |
|
|
FIA
110
FNY Investment Advisers
New York
| – | +$31 | +2 | New |
|
RC Hedge Fund Activity: Q1 2019 in Review
108 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q1 2019, worth a combined $240M — up 54% from $156M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new RC positions and 2 closed out — a net gain of 30 holders — while 46 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $12.4M. The largest seller was FJ Capital Management, exiting entirely with an estimated $2.27M sold.
- 108 institutional investors held Ready Capital (RC) as of Q1 2019, up from 79 in Q4 2018.
- Funds reported $240M of Ready Capital stock for Q1 2019, up 54% quarter-over-quarter.
- 32 funds opened new Ready Capital positions in Q1 2019 and 2 closed out, a net change of +30 holders.
- The largest Ready Capital buyer in Q1 2019 was BlackRock, an estimated $12.4M added.
- The largest Ready Capital seller in Q1 2019 was FJ Capital Management, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2019.