Ready Capital Corporation 7.00% Convertible Senior Notes due 2023
RCA
RCA was delisted on the 14th of August, 2023.
20 hedge funds and large institutions have $53.2M invested in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 0 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
5% more funds holding
Funds holding: 19 → 20 (+1)
1% more capital invested
Capital invested by funds: $52.6M → $53.2M (+$641K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$1.97M |
| 2 |
SM
Skaana Management
Brooklyn,
New York
|
+$874K |
| 3 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$212K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$172K |
| 5 |
BlackRock
New York
|
+$98.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
-$1.51M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$574K |
| 3 |
JP Morgan Chase
New York
|
-$471K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$210K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$162K |
RCA Hedge Fund Activity: Q1 2023 in Review
20 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) for Q1 2023, worth a combined $53.2M — up 1.2% from $52.6M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new RCA positions and 0 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Boothbay Fund Management, adding an estimated $1.97M. The largest seller was Walleye Capital, cutting an estimated $1.51M.
- 20 institutional investors held Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) as of Q1 2023, up from 19 in Q4 2022.
- Funds reported $53.2M of Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 stock for Q1 2023, up 1.2% quarter-over-quarter.
- 1 fund opened new Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 positions in Q1 2023 and 0 closed out, a net change of +1 holder.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 buyer in Q1 2023 was Boothbay Fund Management, an estimated $1.97M added.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 seller in Q1 2023 was Walleye Capital, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2023.