Red Cat Holdings
RCAT
212 hedge funds and large institutions have $363M invested in Red Cat Holdings in 2025 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 74 increasing their positions, 53 reducing their positions, and 39 closing their positions.
64% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 39
55% more call options, than puts
Call options by funds: $61M | Put options by funds: $39.3M
40% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 53
13% more funds holding
Funds holding: 187 → 212 (+25)
0.95% less ownership
Funds ownership: 39.33% → 38.38% (-0.95%)
24% less capital invested
Capital invested by funds: $480M → $363M (-$117M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$36.5M |
| 2 |
BlackRock
New York
|
+$19.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.4M |
| 4 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$10M |
| 5 |
Jane Street
New York
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$36.2M |
| 2 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
-$18M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$17.3M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$16.8M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$13.2M |
RCAT Hedge Fund Activity: Q4 2025 in Review
212 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Red Cat Holdings (RCAT) for Q4 2025, worth a combined $363M — down 24% from $480M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new RCAT positions and 39 closed out — a net gain of 25 holders — while 74 added to existing stakes and 53 trimmed.
The largest buyer was State Street, adding an estimated $36.5M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $36.2M sold.
- 212 institutional investors held Red Cat Holdings (RCAT) as of Q4 2025, up from 187 in Q3 2025.
- Funds reported $363M of Red Cat Holdings stock for Q4 2025, down 24% quarter-over-quarter.
- 64 funds opened new Red Cat Holdings positions in Q4 2025 and 39 closed out, a net change of +25 holders.
- The largest Red Cat Holdings buyer in Q4 2025 was State Street, an estimated $36.5M added.
- The largest Red Cat Holdings seller in Q4 2025 was Hood River Capital Management, an estimated $36.2M sold.
Based on aggregated 13F filings for Q4 2025.