Red Violet
RDVT
41 hedge funds and large institutions have $131M invested in Red Violet in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 12 closing their positions.
58% more capital invested
Capital invested by funds: $83M → $131M (+$48.3M)
9.06% more ownership
Funds ownership: 36.56% → 45.62% (+9.1%)
5% less funds holding
Funds holding: 43 → 41 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
53% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$20.8M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$5.31M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.72M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.5M |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.64M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.26M |
| 3 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$1.96M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.86M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$11K | -572 | Closed |
|
52
Citigroup
New York
| – | -$8K | -450 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -209 | Closed |
|
RDVT Hedge Fund Activity: Q2 2021 in Review
41 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Red Violet (RDVT) for Q2 2021, worth a combined $131M — up 58% from $83M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RDVT and 10 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 9 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $20.8M. The largest seller was BlackRock, cutting an estimated $6.64M.
- 41 institutional investors held Red Violet (RDVT) as of Q2 2021, down from 43 in Q1 2021.
- Funds reported $131M of Red Violet stock for Q2 2021, up 58% quarter-over-quarter.
- 10 funds opened new Red Violet positions in Q2 2021 and 12 closed out, a net change of -2 holders.
- The largest Red Violet buyer in Q2 2021 was Nantahala Capital Management, an estimated $20.8M added.
- The largest Red Violet seller in Q2 2021 was BlackRock, an estimated $6.64M sold.
Based on aggregated 13F filings for Q2 2021.