We are live on ! Find out more
RELY icon

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
CCM
101
CAAS Capital Management
New York
– -$1.44M -70,000 Closed
Susquehanna International Group
102
Susquehanna International Group
Pennsylvania
– -$618K -51,886 Closed
GCM
103
Ghisallo Capital Management
Massachusetts
– -$1.03M -50,000 Closed
LCM
104
Laurion Capital Management
New York
– -$825K -40,000 Closed
ACM
105
Archon Capital Management
Washington
– -$663K -32,172 Closed
National Bank of Canada
106
National Bank of Canada
Quebec, Canada
– -$577K -28,000 Closed
Tudor Investment Corp
107
Tudor Investment Corp
Connecticut
– -$311K -15,104 Closed
Man Group
108
Man Group
United Kingdom
– -$293K -14,200 Closed
Sumitomo Mitsui Trust Group
109
Sumitomo Mitsui Trust Group
Japan
– -$281K -13,627 Closed
Voloridge Investment Management
110
Voloridge Investment Management
Florida
– -$242K -11,720 Closed
CC
111
Crosslink Capital
California
– -$151K -7,722 Closed
CG
112
Cutler Group
California
– -$27.4K -2,303 Closed
Simplex Trading
113
Simplex Trading
Illinois
– -$18.3K -1,537 Closed
HPC
114
HM Payson & Co
Maine
– -$6K -313 Closed
Fifth Third Bancorp
115
Fifth Third Bancorp
Ohio
– -$3K -125 Closed
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.