Red Violet
RDVT
52 hedge funds and large institutions have $132M invested in Red Violet in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 4 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
0.33% less ownership
Funds ownership: 53.97% → 53.64% (-0.33%)
5% less funds holding
Funds holding: 55 → 52 (-3)
23% less capital invested
Capital invested by funds: $171M → $132M (-$39.6M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$1.19M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$869K |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$766K |
| 4 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
+$354K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$729K |
| 2 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$680K |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$544K |
| 4 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$436K |
| 5 |
BlackRock
New York
|
-$431K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Group One Trading
Chicago,
Illinois
| $774 | – | – | – |
|
52
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$208K | -9,030 | Closed |
|
53
Invesco
Atlanta,
Georgia
| – | -$205K | -8,891 | Closed |
|
54
Citigroup
New York
| – | -$1.5K | -65 | Closed |
|
RDVT Hedge Fund Activity: Q1 2023 in Review
52 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Red Violet (RDVT) for Q1 2023, worth a combined $132M — down 23% from $171M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RDVT and 3 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 21 added.
The largest buyer was Trigran Investments, adding an estimated $1.19M. The largest seller was Anchor Capital Advisors, cutting an estimated $729K.
- 52 institutional investors held Red Violet (RDVT) as of Q1 2023, down from 55 in Q4 2022.
- Funds reported $132M of Red Violet stock for Q1 2023, down 23% quarter-over-quarter.
- 3 funds opened new Red Violet positions in Q1 2023 and 4 closed out, a net change of -1 holder.
- The largest Red Violet buyer in Q1 2023 was Trigran Investments, an estimated $1.19M added.
- The largest Red Violet seller in Q1 2023 was Anchor Capital Advisors, an estimated $729K sold.
Based on aggregated 13F filings for Q1 2023.