Red Violet
RDVT
53 hedge funds and large institutions have $157M invested in Red Violet in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 6 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
19% more capital invested
Capital invested by funds: $132M → $157M (+$25.5M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 52 → 53 (+1)
1.27% more ownership
Funds ownership: 53.64% → 54.91% (+1.3%)
76% less call options, than puts
Call options by funds: $29K | Put options by funds: $121K
Top Buyers
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$3.74M |
| 2 |
BlackRock
New York
|
+$1.17M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$853K |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$608K |
| 5 |
State Street
Boston,
Massachusetts
|
+$563K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Group One Trading
Chicago,
Illinois
| $905 | – | – | – |
|
52
Nisa Investment Advisors
St. Louis,
Missouri
| $123 | +$75 | +4 | +200% |
|
|
OAM
53
Ophir Asset Management
Sydney,
Australia
| – | -$3.08M | -175,025 | Closed |
|
|
VCM
54
Venator Capital Management
Toronto,
Ontario, Canada
| – | -$701K | -39,856 | Closed |
|
|
CWA
55
CM Wealth Advisors
Beachwood,
Ohio
| – | -$265K | -16,510 | Closed |
|
|
TC
56
TownSquare Capital
Provo,
Utah
| – | -$184K | -10,454 | Closed |
|
|
ASN
57
Advisory Services Network
Atlanta,
Georgia
| – | -$5.28K | -300 | Closed |
|
58
Simplex Trading
Chicago,
Illinois
| – | -$1K | -85 | Closed |
|
|
C
59
Covestor
London,
United Kingdom
| – | +$280 | +15 | New |
|
RDVT Hedge Fund Activity: Q2 2023 in Review
53 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Red Violet (RDVT) for Q2 2023, worth a combined $157M — up 19% from $132M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RDVT positions and 6 closed out — a net gain of 1 holder — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Ashford Capital Management, adding an estimated $3.74M. The largest seller was Ophir Asset Management, exiting entirely with an estimated $3.08M sold.
- 53 institutional investors held Red Violet (RDVT) as of Q2 2023, up from 52 in Q1 2023.
- Funds reported $157M of Red Violet stock for Q2 2023, up 19% quarter-over-quarter.
- 7 funds opened new Red Violet positions in Q2 2023 and 6 closed out, a net change of +1 holder.
- The largest Red Violet buyer in Q2 2023 was Ashford Capital Management, an estimated $3.74M added.
- The largest Red Violet seller in Q2 2023 was Ophir Asset Management, an estimated $3.08M sold.
Based on aggregated 13F filings for Q2 2023.