Ready Capital
221 hedge funds and large institutions have $596M invested in Ready Capital in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 75 increasing their positions, 83 reducing their positions, and 23 closing their positions.
0.42% more ownership
Funds ownership: 52.34% → 52.76% (+0.42%)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
10% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 83
1% less funds holding
Funds holding: 224 → 221 (-3)
8% less capital invested
Capital invested by funds: $646M → $596M (-$50.7M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
85% less call options, than puts
Call options by funds: $4.72M | Put options by funds: $31.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$6.68M |
| 2 |
Millennium Management
New York
|
+$5.98M |
| 3 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$4.97M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.8M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$9.6M |
| 2 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$3.3M |
| 3 |
TWA
TPB Wealth Advisors
San Antonio,
Texas
|
-$2.19M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.97M |
| 5 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$1.6M |
RC Hedge Fund Activity: Q1 2023 in Review
221 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q1 2023, worth a combined $596M — down 7.8% from $646M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of RC and 22 opened new positions — a net loss of 1 holder — while 83 trimmed existing stakes and 75 added.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $6.68M. The largest seller was Traphagen Investment Advisors, cutting an estimated $9.6M.
- 221 institutional investors held Ready Capital (RC) as of Q1 2023, down from 224 in Q4 2022.
- Funds reported $596M of Ready Capital stock for Q1 2023, down 7.8% quarter-over-quarter.
- 22 funds opened new Ready Capital positions in Q1 2023 and 23 closed out, a net change of -1 holder.
- The largest Ready Capital buyer in Q1 2023 was Verition Fund Management, an estimated $6.68M added.
- The largest Ready Capital seller in Q1 2023 was Traphagen Investment Advisors, an estimated $9.6M sold.
Based on aggregated 13F filings for Q1 2023.