Ready Capital
39 hedge funds and large institutions have $56M invested in Ready Capital in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 12 closing their positions.
52% more capital inflows, than outflows
Capital inflows: $16.2M | Capital outflows: $10.7M
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
3.7% more ownership
Funds ownership: 37.05% → 40.75% (+3.7%)
11% less funds holding
Funds holding: 44 → 39 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mangrove Partners
Greenwich,
Connecticut
|
+$3.81M |
| 2 |
Putnam Investments
Boston,
Massachusetts
|
+$2.69M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.65M |
| 4 |
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.27M |
| 5 |
Morgan Stanley
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mendon Capital Advisors
Key Largo,
Florida
|
-$4.82M |
| 2 |
BC
BHR Capital
New York
|
-$1.66M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$863K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$803K |
| 5 |
Curi RMB Capital
Chicago,
Illinois
|
-$565K |
RC Hedge Fund Activity: Q3 2014 in Review
39 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q3 2014, worth a combined $56M — up 14% from $49M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RC and 7 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $3.81M. The largest seller was Mendon Capital Advisors, exiting entirely with an estimated $4.82M sold.
- 39 institutional investors held Ready Capital (RC) as of Q3 2014, down from 44 in Q2 2014.
- Funds reported $56M of Ready Capital stock for Q3 2014, up 14% quarter-over-quarter.
- 7 funds opened new Ready Capital positions in Q3 2014 and 12 closed out, a net change of -5 holders.
- The largest Ready Capital buyer in Q3 2014 was Mangrove Partners, an estimated $3.81M added.
- The largest Ready Capital seller in Q3 2014 was Mendon Capital Advisors, an estimated $4.82M sold.
Based on aggregated 13F filings for Q3 2014.