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Remitly
RELY

95 hedge funds and large institutions have $787M invested in Remitly in 2022 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 30 increasing their positions, 9 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 9

118% more call options, than puts

Call options by funds: $2.76M | Put options by funds: $1.26M

114% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 21

50% more funds holding in top 10

Funds holding in top 10: 4 → 6 (+2)

34% more funds holding

Funds holding: 71 → 95 (+24)

6.28% more ownership

Funds ownership: 42.31% → 48.59% (+6.3%)

45% less capital invested

Capital invested by funds: $1.43B → $787M (-$643M)

Holders
95
Holders Change
+24
Holders Change %
+33.8%
% of All Funds
1.5%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
45
Increased
30
Reduced
9
Closed
21
Calls
$2.76M
Puts
$1.26M
Net Calls
+$1.5M
Net Calls Change
+$577K

Top Buyers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
+$27.6M
2
Citadel Advisors
Citadel Advisors
Florida
+$25.3M
3
Millennium Management
Millennium Management
New York
+$15M
4
Adage Capital Partners
Adage Capital Partners
Massachusetts
+$13M
5
Goldman Sachs
Goldman Sachs
New York
+$10.3M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$20.7M
2
UBS AM
UBS AM
Illinois
-$3.99M
3
TCM
TimesSquare Capital Management
New York
-$2.11M
4
MCM
Moon Capital Management
New York
-$2M
5
BlackRock
BlackRock
New York
-$1.89M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
51
Bank of New York Mellon
New York
$316K +$58K +4,868 +18%
BPWM
52
Badgley Phelps Wealth Managers
Washington
$304K +$367K +30,851 New
Charles Schwab
53
Charles Schwab
California
$283K +$24.8K +2,081 +8%
UCFA
54
United Capital Financial Advisors
Texas
$276K +$333K +27,961 New
BJL
55
Brighton Jones LLC
Washington
$273K +$329K +27,618 New
PP
56
Paloma Partners
Connecticut
$242K +$291K +24,481 New
Squarepoint
57
Squarepoint
New York
$231K +$278K +23,384 New
AA
58
Auxano Advisors
Washington
$218K +$263K +22,118 New
PPA
59
Parametric Portfolio Associates
Washington
$204K +$246K +20,653 New
Baird Financial Group
60
Baird Financial Group
Wisconsin
$199K +$240K +20,118 New
LPARFS
61
Leverage Partners Absolute Return Fund SPC
Cayman Islands
$197K – – –
BPC
62
Banque Pictet & Cie
Switzerland
$197K +$237K +19,939 New
Group One Trading
63
Group One Trading
Illinois
$196K +$81K +6,800 +52%
HSBC Holdings
64
HSBC Holdings
United Kingdom
$128K +$153K +12,811 New
Arrowstreet Capital
65
Arrowstreet Capital
Massachusetts
$126K +$152K +12,772 New
RhumbLine Advisers
66
RhumbLine Advisers
Massachusetts
$118K +$143K +12,005 New
Victory Capital Management
67
Victory Capital Management
Texas
$116K +$124K +10,446 New
Citigroup
68
Citigroup
New York
$111K +$68.4K +5,747 +104%
PWP
69
Pursue Wealth Partners
California
$107K +$124K +10,445 New
OQS
70
Occudo Quantitative Strategies
Florida
$102K +$123K +10,362 New
HPWM
71
Highland Private Wealth Management
Washington
$99K +$120K +10,059 New
WTB
72
Washington Trust Bank
Washington
$99K +$120K +10,059 New
WA
73
Winfield Associates
Ohio
$99K +$120K +10,059 New
New York State Common Retirement Fund
74
New York State Common Retirement Fund
New York
$86K +$104K +8,707 New
AIG
75
American International Group
New York
$61K -$3.86K -324 -5%
1 2
3
4 5

RELY Hedge Fund Activity: Q1 2022 in Review

95 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Remitly (RELY) for Q1 2022, worth a combined $787M — down 45% from $1.43B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new RELY positions and 21 closed out — a net gain of 24 holders — while 30 added to existing stakes and 9 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $27.6M. The largest seller was Fidelity Investments, cutting an estimated $20.7M.

  • 95 institutional investors held Remitly (RELY) as of Q1 2022, up from 71 in Q4 2021.
  • Funds reported $787M of Remitly stock for Q1 2022, down 45% quarter-over-quarter.
  • 45 funds opened new Remitly positions in Q1 2022 and 21 closed out, a net change of +24 holders.
  • The largest Remitly buyer in Q1 2022 was JP Morgan Chase, an estimated $27.6M added.
  • The largest Remitly seller in Q1 2022 was Fidelity Investments, an estimated $20.7M sold.

Based on aggregated 13F filings for Q1 2022.