Algorhythm Holdings
RIME
8 hedge funds and large institutions have $120K invested in Algorhythm Holdings in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
14% more funds holding
Funds holding: 7 → 8 (+1)
0.01% less ownership
Funds ownership: 0.02% → 0.01% (-0.01%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
61% less capital invested
Capital invested by funds: $310K → $120K (-$190K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$29.8K |
| 2 |
VF
Virtu Financial
New York
|
+$10.5K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.24K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$265 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$49.1K |
| 2 |
HF
HRT Financial
New York
|
-$13K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$10.1K |
| 4 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$6.62K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCC
1
Cable Car Capital
San Francisco,
California
| $73K | – | – | – |
|
|
FFS
2
Founders Financial Securities
Towson,
Maryland
| $21.2K | +$29.8K | +225 | New |
|
|
QOP
3
Quinn Opportunity Partners
Charlottesville,
Virginia
| $9.51K | -$6.62K | -50 | -33% |
|
|
VF
4
Virtu Financial
New York
| $7K | +$10.5K | +79 | New |
|
|
5
Geode Capital Management
Boston,
Massachusetts
| $5.46K | -$10.1K | -76 | -57% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $3.63K | +$4.24K | +32 | +533% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $186 | +$265 | +2 | New |
|
8
Morgan Stanley
New York
| $2 | – | – | – |
|
|
PCM
9
Perritt Capital Management
Chicago,
Illinois
| – | -$49.1K | -212 | Closed |
|
|
HF
10
HRT Financial
New York
| – | -$13K | -59 | Closed |
|
RIME Hedge Fund Activity: Q3 2024 in Review
8 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Algorhythm Holdings (RIME) for Q3 2024, worth a combined $120K — down 61% from $310K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RIME positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Founders Financial Securities, opening a new position worth an estimated $29.8K. The largest seller was Perritt Capital Management, exiting entirely with an estimated $49.1K sold.
- 8 institutional investors held Algorhythm Holdings (RIME) as of Q3 2024, up from 7 in Q2 2024.
- Funds reported $120K of Algorhythm Holdings stock for Q3 2024, down 61% quarter-over-quarter.
- 3 funds opened new Algorhythm Holdings positions in Q3 2024 and 2 closed out, a net change of +1 holder.
- The largest Algorhythm Holdings buyer in Q3 2024 was Founders Financial Securities, an estimated $29.8K added.
- The largest Algorhythm Holdings seller in Q3 2024 was Perritt Capital Management, an estimated $49.1K sold.
Based on aggregated 13F filings for Q3 2024.