Rafael Holdings
RFL
48 hedge funds and large institutions have $112M invested in Rafael Holdings in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 8 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
0.48% more ownership
Funds ownership: 40.91% → 41.39% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 54 → 48 (-6)
26% less capital invested
Capital invested by funds: $152M → $112M (-$40M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.79M |
| 2 |
NM
Newtyn Management
New York
|
+$1.01M |
| 3 |
State Street
Boston,
Massachusetts
|
+$527K |
| 4 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$454K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$939K |
| 2 |
Renaissance Technologies
New York
|
-$542K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$446K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$361K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$254K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$218K | -7,677 | Closed |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$203K | -7,166 | Closed |
|
|
MIM
53
MetLife Investment Management
Whippany,
New Jersey
| – | -$151K | -5,337 | Closed |
|
|
AG
54
Aperio Group
Sausalito,
California
| – | -$29K | -1,015 | Closed |
|
|
MLICM
55
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$23.9K | -842 | Closed |
|
RFL Hedge Fund Activity: Q3 2019 in Review
48 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Rafael Holdings (RFL) for Q3 2019, worth a combined $112M — down 26% from $152M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RFL and 2 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Northern Trust, adding an estimated $1.79M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $939K sold.
- 48 institutional investors held Rafael Holdings (RFL) as of Q3 2019, down from 54 in Q2 2019.
- Funds reported $112M of Rafael Holdings stock for Q3 2019, down 26% quarter-over-quarter.
- 2 funds opened new Rafael Holdings positions in Q3 2019 and 8 closed out, a net change of -6 holders.
- The largest Rafael Holdings buyer in Q3 2019 was Northern Trust, an estimated $1.79M added.
- The largest Rafael Holdings seller in Q3 2019 was Susquehanna International Group, an estimated $939K sold.
Based on aggregated 13F filings for Q3 2019.