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RC

Ready Capital

62 hedge funds and large institutions have $148M invested in Ready Capital in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.25% less ownership

Funds ownership: 30.77%30.53% (-0.25%)

1% less capital invested

Capital invested by funds: $149M → $148M (-$1.19M)

9% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 22

5% less funds holding

Funds holding: 6562 (-3)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
62
Holders Change
-3
Holders Change %
-4.62%
% of All Funds
1.42%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
7
Increased
20
Reduced
22
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FCM
1
Farallon Capital Management
California
$33.5M +$120K +8,232 +0.4%
AFG
2
American Financial Group
Ohio
$22.4M
BlackRock
3
BlackRock
New York
$21M -$570K -39,099 -3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$12.2M -$54.9K -3,763 -0.5%
RJA
5
Raymond James & Associates
Florida
$11.1M +$138K +9,450 +1%
TG
6
TCW Group
California
$7.07M +$1.42M +97,346 +26%
State Street
7
State Street
Massachusetts
$6.8M +$2.33M +159,895 +55%
WFI
8
West Family Investments
California
$6.22M
Northern Trust
9
Northern Trust
Illinois
$3.01M +$63.7K +4,363 +2%
Wells Fargo
10
Wells Fargo
California
$2.24M +$949K +65,060 +79%
State of New Jersey Common Pension Fund D
11
State of New Jersey Common Pension Fund D
New Jersey
$2.11M +$219K +15,000 +12%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.72M -$66.2K -4,538 -4%
Millennium Management
13
Millennium Management
New York
$1.21M -$479K -32,813 -29%
VMPIC
14
Varma Mutual Pension Insurance Co
Finland
$1.17M
Allianz Asset Management
15
Allianz Asset Management
Germany
$1.04M +$1M +68,563 New
Bank of New York Mellon
16
Bank of New York Mellon
New York
$1.03M +$22.4K +1,537 +2%
Renaissance Technologies
17
Renaissance Technologies
New York
$1.02M -$1.84M -125,900 -65%
Morgan Stanley
18
Morgan Stanley
New York
$995K -$496K -33,989 -34%
JP Morgan Chase
19
JP Morgan Chase
New York
$898K -$3.68K -252 -0.4%
KCM
20
Kennedy Capital Management
Missouri
$853K -$413K -28,286 -33%
Invesco
21
Invesco
Georgia
$670K +$645K +44,225 New
BTS
22
BB&T Securities
Virginia
$619K -$31.8K -2,181 -5%
TCIM
23
TIAA CREF Investment Management
New York
$619K -$11.4K -784 -2%
Charles Schwab
24
Charles Schwab
California
$603K +$172K +11,800 +42%
PAM
25
Panagora Asset Management
Massachusetts
$488K -$18.5K -1,271 -4%

RC Hedge Fund Activity: Q1 2018 in Review

62 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q1 2018, worth a combined $148M — down 0.8% from $149M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of RC and 7 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 20 added.

The largest buyer was State Street, adding an estimated $2.33M. The largest seller was Renaissance Technologies, cutting an estimated $1.84M.

  • 62 institutional investors held Ready Capital (RC) as of Q1 2018, down from 65 in Q4 2017.
  • Funds reported $148M of Ready Capital stock for Q1 2018, down 0.8% quarter-over-quarter.
  • 7 funds opened new Ready Capital positions in Q1 2018 and 9 closed out, a net change of -2 holders.
  • The largest Ready Capital buyer in Q1 2018 was State Street, an estimated $2.33M added.
  • The largest Ready Capital seller in Q1 2018 was Renaissance Technologies, an estimated $1.84M sold.

Based on aggregated 13F filings for Q1 2018.