Ready Capital
148 hedge funds and large institutions have $437M invested in Ready Capital in 2021 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 70 increasing their positions, 23 reducing their positions, and 11 closing their positions.
218% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 11
204% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 23
95% more call options, than puts
Call options by funds: $3.8M | Put options by funds: $1.95M
37% more capital invested
Capital invested by funds: $317M → $437M (+$119M)
18% more funds holding
Funds holding: 125 → 148 (+23)
1.46% less ownership
Funds ownership: 47.06% → 45.6% (-1.5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$51.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.1M |
| 3 |
Renaissance Technologies
New York
|
+$11.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$5.29M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$15.9M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$4.5M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$3.67M |
| 4 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$2M |
| 5 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KPF
151
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$442K | -35,532 | Closed |
|
152
Capital Fund Management (CFM)
Paris,
France
| – | -$352K | -28,307 | Closed |
|
|
MSA
153
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$190K | -15,233 | Closed |
|
|
AI
154
Atom Investors
Austin,
Texas
| – | -$149K | -11,987 | Closed |
|
|
CCA
155
Childress Capital Advisors
Houston,
Texas
| – | -$5K | -377 | Closed |
|
|
PWPS
156
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$4K | -355 | Closed |
|
|
VCG
157
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$4K | -300 | Closed |
|
|
HGWM
158
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -51 | Closed |
|
RC Hedge Fund Activity: Q1 2021 in Review
148 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q1 2021, worth a combined $437M — up 37% from $317M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new RC positions and 11 closed out — a net gain of 24 holders — while 70 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $51.1M. The largest seller was Mirae Asset Global Investments, cutting an estimated $15.9M.
- 148 institutional investors held Ready Capital (RC) as of Q1 2021, up from 125 in Q4 2020.
- Funds reported $437M of Ready Capital stock for Q1 2021, up 37% quarter-over-quarter.
- 35 funds opened new Ready Capital positions in Q1 2021 and 11 closed out, a net change of +24 holders.
- The largest Ready Capital buyer in Q1 2021 was BlackRock, an estimated $51.1M added.
- The largest Ready Capital seller in Q1 2021 was Mirae Asset Global Investments, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2021.