Ready Capital
96 hedge funds and large institutions have $292M invested in Ready Capital in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 35 reducing their positions, and 11 closing their positions.
16% more capital invested
Capital invested by funds: $251M → $292M (+$40.9M)
3.34% more ownership
Funds ownership: 37.84% → 41.18% (+3.3%)
3% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 35
3% less funds holding
Funds holding: 99 → 96 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$12.2M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$6.81M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$3.53M |
| 4 |
BlackRock
New York
|
+$2.86M |
| 5 |
MCM
Matarin Capital Management
New York
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.11M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$2.64M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.32M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$923K |
| 5 |
JP Morgan Chase
New York
|
-$806K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
AssetMark Inc
Concord,
California
| – | -$134K | -8,961 | Closed |
|
|
QT
102
Quantamental Technologies
White Plains,
New York
| – | -$42K | -2,802 | Closed |
|
103
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$36K | -2,422 | Closed |
|
104
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$31K | -2,080 | Closed |
|
|
FDCDDQ
105
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$9.69K | -650 | Closed |
|
|
FGAM
106
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$2.26K | -149 | -93% |
|
|
BCA
107
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1K | -123 | Closed |
|
RC Hedge Fund Activity: Q3 2019 in Review
96 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q3 2019, worth a combined $292M — up 16% from $251M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RC and 8 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 36 added.
The largest buyer was UBS Group, adding an estimated $12.2M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $7.11M sold.
- 96 institutional investors held Ready Capital (RC) as of Q3 2019, down from 99 in Q2 2019.
- Funds reported $292M of Ready Capital stock for Q3 2019, up 16% quarter-over-quarter.
- 8 funds opened new Ready Capital positions in Q3 2019 and 11 closed out, a net change of -3 holders.
- The largest Ready Capital buyer in Q3 2019 was UBS Group, an estimated $12.2M added.
- The largest Ready Capital seller in Q3 2019 was Weiss Asset Management, an estimated $7.11M sold.
Based on aggregated 13F filings for Q3 2019.