Rafael Holdings
RFL
45 hedge funds and large institutions have $96M invested in Rafael Holdings in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 5 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.25% less ownership
Funds ownership: 41.39% → 36.14% (-5.2%)
6% less funds holding
Funds holding: 48 → 45 (-3)
15% less capital invested
Capital invested by funds: $112M → $96M (-$16.4M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$1.27M |
| 2 |
State Street
Boston,
Massachusetts
|
+$403K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$350K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$339K |
| 5 |
Morgan Stanley
New York
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNB
Virginia National Bank
Charlottesville,
Virginia
|
-$1.11M |
| 2 |
Renaissance Technologies
New York
|
-$831K |
| 3 |
SAM
Silphium Asset Management
London,
United Kingdom
|
-$745K |
| 4 |
NM
Newtyn Management
New York
|
-$521K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$464K |
RFL Hedge Fund Activity: Q4 2019 in Review
45 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Rafael Holdings (RFL) for Q4 2019, worth a combined $96M — down 15% from $112M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RFL and 2 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Old West Investment Management, adding an estimated $1.27M. The largest seller was Virginia National Bank, exiting entirely with an estimated $1.11M sold.
- 45 institutional investors held Rafael Holdings (RFL) as of Q4 2019, down from 48 in Q3 2019.
- Funds reported $96M of Rafael Holdings stock for Q4 2019, down 15% quarter-over-quarter.
- 2 funds opened new Rafael Holdings positions in Q4 2019 and 5 closed out, a net change of -3 holders.
- The largest Rafael Holdings buyer in Q4 2019 was Old West Investment Management, an estimated $1.27M added.
- The largest Rafael Holdings seller in Q4 2019 was Virginia National Bank, an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2019.