Red Violet
RDVT
63 hedge funds and large institutions have $165M invested in Red Violet in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
19% more funds holding
Funds holding: 53 → 63 (+10)
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
7% more capital invested
Capital invested by funds: $155M → $165M (+$10.1M)
4.81% more ownership
Funds ownership: 55.57% → 60.38% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less call options, than puts
Call options by funds: $219K | Put options by funds: $293K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$5.04M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$4.5M |
| 3 |
HIM
Herald Investment Management
London,
United Kingdom
|
+$3.67M |
| 4 |
Capstone Investment Advisors
New York
|
+$917K |
| 5 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$852K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Meros Investment Management
Dallas,
Texas
|
-$2.91M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$1.64M |
| 3 |
Morgan Stanley
New York
|
-$504K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$354K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$312K |
RDVT Hedge Fund Activity: Q1 2024 in Review
63 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Red Violet (RDVT) for Q1 2024, worth a combined $165M — up 6.5% from $155M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new RDVT positions and 2 closed out — a net gain of 10 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Cove Street Capital, opening a new position worth an estimated $5.04M. The largest seller was Meros Investment Management, exiting entirely with an estimated $2.91M sold.
- 63 institutional investors held Red Violet (RDVT) as of Q1 2024, up from 53 in Q4 2023.
- Funds reported $165M of Red Violet stock for Q1 2024, up 6.5% quarter-over-quarter.
- 12 funds opened new Red Violet positions in Q1 2024 and 2 closed out, a net change of +10 holders.
- The largest Red Violet buyer in Q1 2024 was Cove Street Capital, an estimated $5.04M added.
- The largest Red Violet seller in Q1 2024 was Meros Investment Management, an estimated $2.91M sold.
Based on aggregated 13F filings for Q1 2024.