Red Violet
RDVT
76 hedge funds and large institutions have $210M invested in Red Violet in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 33 increasing their positions, 16 reducing their positions, and 7 closing their positions.
333% more call options, than puts
Call options by funds: $351K | Put options by funds: $81K
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
106% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 16
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more capital invested
Capital invested by funds: $165M → $210M (+$44.9M)
21% more funds holding
Funds holding: 63 → 76 (+13)
0.25% less ownership
Funds ownership: 60.38% → 60.13% (-0.25%)
Top Buyers
| 1 |
BlackRock
New York
|
+$2.22M |
| 2 |
GC
Globeflex Capital
San Diego,
California
|
+$1.77M |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$1.76M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.65M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.64M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIL
76
Rothschild Investment LLC
Chicago,
Illinois
| $127 | +$101 | +5 | New |
|
77
US Bancorp
Minneapolis,
Minnesota
| – | -$1.37M | -70,000 | Closed |
|
78
Capstone Investment Advisors
New York
| – | -$978K | -50,000 | Closed |
|
|
SM
79
Scoggin Management
New York
| – | -$489K | -25,000 | Closed |
|
|
AIG
80
American International Group
New York
| – | -$107K | -5,492 | Closed |
|
|
FIM
81
Fernwood Investment Management
Quincy,
Massachusetts
| – | -$16.6K | -847 | Closed |
|
|
MLICM
82
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$12.3K | -631 | Closed |
|
|
AWM
83
Avior Wealth Management
Omaha,
Nebraska
| – | -$19 | -1 | Closed |
|
RDVT Hedge Fund Activity: Q2 2024 in Review
76 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Red Violet (RDVT) for Q2 2024, worth a combined $210M — up 27% from $165M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new RDVT positions and 7 closed out — a net gain of 13 holders — while 33 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $2.22M. The largest seller was Nantahala Capital Management, cutting an estimated $13.4M.
- 76 institutional investors held Red Violet (RDVT) as of Q2 2024, up from 63 in Q1 2024.
- Funds reported $210M of Red Violet stock for Q2 2024, up 27% quarter-over-quarter.
- 20 funds opened new Red Violet positions in Q2 2024 and 7 closed out, a net change of +13 holders.
- The largest Red Violet buyer in Q2 2024 was BlackRock, an estimated $2.22M added.
- The largest Red Violet seller in Q2 2024 was Nantahala Capital Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2024.