Remitly
RELY
242 hedge funds and large institutions have $3.63B invested in Remitly in 2024 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 95 increasing their positions, 49 reducing their positions, and 33 closing their positions.
115% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 33
94% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 49
77% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $9.72M
71% more capital invested
Capital invested by funds: $2.13B → $3.63B (+$1.5B)
18% more funds holding
Funds holding: 205 → 242 (+37)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.27% less ownership
Funds ownership: 81.41% → 81.14% (-0.27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$24.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.5M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$22.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$131M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$41.2M |
| 3 |
Millennium Management
New York
|
-$40.5M |
| 4 |
JP Morgan Chase
New York
|
-$32.9M |
| 5 |
PP
Praetorian PR
Rincon,
Puerto Rico
|
-$14.7M |
RELY Hedge Fund Activity: Q4 2024 in Review
242 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Remitly (RELY) for Q4 2024, worth a combined $3.63B — up 71% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new RELY positions and 33 closed out — a net gain of 38 holders — while 95 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $39.7M. The largest seller was Cadian Capital Management, cutting an estimated $131M.
- 242 institutional investors held Remitly (RELY) as of Q4 2024, up from 205 in Q3 2024.
- Funds reported $3.63B of Remitly stock for Q4 2024, up 71% quarter-over-quarter.
- 71 funds opened new Remitly positions in Q4 2024 and 33 closed out, a net change of +38 holders.
- The largest Remitly buyer in Q4 2024 was Fidelity Investments, an estimated $39.7M added.
- The largest Remitly seller in Q4 2024 was Cadian Capital Management, an estimated $131M sold.
Based on aggregated 13F filings for Q4 2024.