Ready Capital
254 hedge funds and large institutions have $1.01B invested in Ready Capital in 2023 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 127 increasing their positions, 36 reducing their positions, and 25 closing their positions.
253% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 36
136% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 25
70% more capital invested
Capital invested by funds: $596M → $1.01B (+$415M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more funds holding
Funds holding: 221 → 254 (+33)
0.97% less ownership
Funds ownership: 52.76% → 51.79% (-0.97%)
72% less call options, than puts
Call options by funds: $4.36M | Put options by funds: $15.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$123M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$24.4M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$15.7M |
| 5 |
WTB
Washington Trust Bank
Spokane,
Washington
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$5.27M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
-$2.01M |
| 4 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$1.91M |
| 5 |
SIA
Soltis Investment Advisors
St. George,
Utah
|
-$1.1M |
RC Hedge Fund Activity: Q2 2023 in Review
254 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q2 2023, worth a combined $1.01B — up 70% from $596M a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new RC positions and 25 closed out — a net gain of 34 holders — while 127 added to existing stakes and 36 trimmed.
The largest buyer was BlackRock, adding an estimated $123M. The largest seller was Millennium Management, exiting entirely with an estimated $6M sold.
- 254 institutional investors held Ready Capital (RC) as of Q2 2023, up from 221 in Q1 2023.
- Funds reported $1.01B of Ready Capital stock for Q2 2023, up 70% quarter-over-quarter.
- 59 funds opened new Ready Capital positions in Q2 2023 and 25 closed out, a net change of +34 holders.
- The largest Ready Capital buyer in Q2 2023 was BlackRock, an estimated $123M added.
- The largest Ready Capital seller in Q2 2023 was Millennium Management, an estimated $6M sold.
Based on aggregated 13F filings for Q2 2023.