Ready Capital
99 hedge funds and large institutions have $251M invested in Ready Capital in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 23 reducing their positions, and 23 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 23
4% more capital invested
Capital invested by funds: $241M → $251M (+$10M)
8% less funds holding
Funds holding: 108 → 99 (-9)
13.16% less ownership
Funds ownership: 51% → 37.84% (-13%)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$8.12M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$7.7M |
| 3 |
BlackRock
New York
|
+$7.63M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$3.2M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$9.53M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$7.26M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$2.04M |
| 4 |
Millennium Management
New York
|
-$2.01M |
| 5 |
Goldman Sachs
New York
|
-$1.45M |
RC Hedge Fund Activity: Q2 2019 in Review
99 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q2 2019, worth a combined $251M — up 4.2% from $241M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of RC and 16 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 47 added.
The largest buyer was Northern Trust, adding an estimated $8.12M. The largest seller was Nantahala Capital Management, exiting entirely with an estimated $9.53M sold.
- 99 institutional investors held Ready Capital (RC) as of Q2 2019, down from 108 in Q1 2019.
- Funds reported $251M of Ready Capital stock for Q2 2019, up 4.2% quarter-over-quarter.
- 16 funds opened new Ready Capital positions in Q2 2019 and 23 closed out, a net change of -7 holders.
- The largest Ready Capital buyer in Q2 2019 was Northern Trust, an estimated $8.12M added.
- The largest Ready Capital seller in Q2 2019 was Nantahala Capital Management, an estimated $9.53M sold.
Based on aggregated 13F filings for Q2 2019.