Ready Capital
122 hedge funds and large institutions have $376M invested in Ready Capital in 2019 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 46 increasing their positions, 19 reducing their positions, and 12 closing their positions.
225% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 12
142% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 19
29% more capital invested
Capital invested by funds: $292M → $376M (+$84.8M)
27% more funds holding
Funds holding: 96 → 122 (+26)
6.52% more ownership
Funds ownership: 41.18% → 47.7% (+6.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$48M |
| 2 |
State Street
Boston,
Massachusetts
|
+$6.84M |
| 3 |
Morgan Stanley
New York
|
+$5.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.48M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$9.26M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$4.49M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$2.94M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$2.03M |
| 5 |
MCM
Matarin Capital Management
New York
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$515K | -32,375 | Closed |
|
127
SEI Investments
Oaks,
Pennsylvania
| – | -$446K | -27,981 | Closed |
|
|
MAM
128
Martingale Asset Management
Boston,
Massachusetts
| – | -$309K | -19,304 | Closed |
|
129
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$236K | -14,832 | Closed |
|
130
Bessemer Group
Woodbridge,
New Jersey
| – | -$166K | -10,400 | Closed |
|
|
CFG
131
Citizens Financial Group
Providence,
Rhode Island
| – | -$13K | -822 | Closed |
|
|
QCIG
132
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$11K | -662 | Closed |
|
|
AG
133
Advisor Group
Phoenix,
Arizona
| – | -$3.15K | -200 | -95% |
|
RC Hedge Fund Activity: Q4 2019 in Review
122 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q4 2019, worth a combined $376M — up 29% from $292M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RC positions and 12 closed out — a net gain of 27 holders — while 46 added to existing stakes and 19 trimmed.
The largest buyer was BlackRock, adding an estimated $48M. The largest seller was Farallon Capital Management, cutting an estimated $9.26M.
- 122 institutional investors held Ready Capital (RC) as of Q4 2019, up from 96 in Q3 2019.
- Funds reported $376M of Ready Capital stock for Q4 2019, up 29% quarter-over-quarter.
- 39 funds opened new Ready Capital positions in Q4 2019 and 12 closed out, a net change of +27 holders.
- The largest Ready Capital buyer in Q4 2019 was BlackRock, an estimated $48M added.
- The largest Ready Capital seller in Q4 2019 was Farallon Capital Management, an estimated $9.26M sold.
Based on aggregated 13F filings for Q4 2019.