Ready Capital
43 hedge funds and large institutions have $57.1M invested in Ready Capital in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 4 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
18% more capital invested
Capital invested by funds: $48.4M → $57.1M (+$8.64M)
2% more funds holding
Funds holding: 42 → 43 (+1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.52M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.54M |
| 3 |
Renaissance Technologies
New York
|
+$1.06M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$889K |
| 5 |
Barclays
London,
United Kingdom
|
+$723K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$935K |
| 2 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$930K |
| 3 |
AGC
Angelo Gordon & Co
New York
|
-$276K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$80.3K |
| 5 |
Millennium Management
New York
|
-$66.8K |
RC Hedge Fund Activity: Q1 2014 in Review
43 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q1 2014, worth a combined $57.1M — up 18% from $48.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RC positions and 4 closed out — a net gain of 1 holder — while 19 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $2.52M. The largest seller was Mendon Capital Advisors, cutting an estimated $935K.
- 43 institutional investors held Ready Capital (RC) as of Q1 2014, up from 42 in Q4 2013.
- Funds reported $57.1M of Ready Capital stock for Q1 2014, up 18% quarter-over-quarter.
- 5 funds opened new Ready Capital positions in Q1 2014 and 4 closed out, a net change of +1 holder.
- The largest Ready Capital buyer in Q1 2014 was Bank of America, an estimated $2.52M added.
- The largest Ready Capital seller in Q1 2014 was Mendon Capital Advisors, an estimated $935K sold.
Based on aggregated 13F filings for Q1 2014.