Remitly
RELY
71 hedge funds and large institutions have $1.43B invested in Remitly in 2021 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
48% more capital invested
Capital invested by funds: $970M → $1.43B (+$461M)
25.94% more ownership
Funds ownership: 16.37% → 42.31% (+26%)
25% more call options, than puts
Call options by funds: $4.61M | Put options by funds: $3.69M
3% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 34
0% more funds holding
Funds holding: 71 → 71 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$50.8M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$50.5M |
| 3 |
JP Morgan Chase
New York
|
+$45.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$19.7M |
| 5 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$21.2M |
| 2 |
Janus Henderson Group
London,
|
-$18.4M |
| 3 |
MC
Maplelane Capital
New York
|
-$16.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$14.7M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$12.4M |
RELY Hedge Fund Activity: Q4 2021 in Review
71 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Remitly (RELY) for Q4 2021, worth a combined $1.43B — up 48% from $970M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new RELY positions and 34 closed out — a net gain of 1 holder — while 18 added to existing stakes and 11 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $50.8M. The largest seller was TimesSquare Capital Management, cutting an estimated $21.2M.
- 71 institutional investors held Remitly (RELY) as of Q4 2021, unchanged from Q3 2021.
- Funds reported $1.43B of Remitly stock for Q4 2021, up 48% quarter-over-quarter.
- 35 funds opened new Remitly positions in Q4 2021 and 34 closed out, a net change of +1 holder.
- The largest Remitly buyer in Q4 2021 was Massachusetts Financial Services, an estimated $50.8M added.
- The largest Remitly seller in Q4 2021 was TimesSquare Capital Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2021.