Ready Capital Corporation 7.00% Convertible Senior Notes due 2023
RCA
RCA was delisted on the 14th of August, 2023.
21 hedge funds and large institutions have $40.3M invested in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
44% less capital invested
Capital invested by funds: $71.5M → $40.3M (-$31.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Amtrust Financial Services
New York
|
+$3M |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$543K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$425K |
| 4 |
JP Morgan Chase
New York
|
+$213K |
| 5 |
BlackRock
New York
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
-$15.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.3M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$2.11M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$1.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.29M |
RCA Hedge Fund Activity: Q2 2022 in Review
21 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) for Q2 2022, worth a combined $40.3M — down 44% from $71.5M a quarter earlier.
Fund positioning in RCA was balanced in Q2 2022: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 8 trimmed.
The largest buyer was Amtrust Financial Services, adding an estimated $3M. The largest seller was Walleye Capital, cutting an estimated $15.8M.
- 21 institutional investors held Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $40.3M of Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 stock for Q2 2022, down 44% quarter-over-quarter.
- 3 funds opened new Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 positions in Q2 2022 and 3 closed out, a net change of 0 holders.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 buyer in Q2 2022 was Amtrust Financial Services, an estimated $3M added.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 seller in Q2 2022 was Walleye Capital, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2022.