Ready Capital Corporation 7.00% Convertible Senior Notes due 2023
RCA
RCA was delisted on the 14th of August, 2023.
15 hedge funds and large institutions have $77.8M invested in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 1 closing their positions.
30% more capital invested
Capital invested by funds: $59.9M → $77.8M (+$17.9M)
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.62M |
| 2 |
BlackRock
New York
|
+$610K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$103K |
| 4 |
JP Morgan Chase
New York
|
+$33.8K |
| 5 |
Morgan Stanley
New York
|
+$1.53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$1.42M |
| 2 |
DG
DigitalBridge Group
Boca Raton,
Florida
|
-$680K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$283K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$158K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$18.6K |
RCA Hedge Fund Activity: Q2 2020 in Review
15 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) for Q2 2020, worth a combined $77.8M — up 30% from $59.9M a quarter earlier.
Fund positioning in RCA was balanced in Q2 2020: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 6 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.62M. The largest seller was Allianz Asset Management, cutting an estimated $1.42M.
- 15 institutional investors held Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $77.8M of Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 stock for Q2 2020, up 30% quarter-over-quarter.
- 1 fund opened new Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 positions in Q2 2020 and 1 closed out, a net change of 0 holders.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 buyer in Q2 2020 was Raymond James & Associates, an estimated $1.62M added.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 seller in Q2 2020 was Allianz Asset Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2020.