Rithm Capital
RITM
283 hedge funds and large institutions have $2.93B invested in Rithm Capital in 2017 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 129 increasing their positions, 56 reducing their positions, and 27 closing their positions.
148% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 27
130% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 56
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
30% more capital invested
Capital invested by funds: $2.26B → $2.93B (+$679M)
14% more funds holding
Funds holding: 249 → 283 (+34)
7% less call options, than puts
Call options by funds: $31.3M | Put options by funds: $33.4M
1.02% less ownership
Funds ownership: 57.25% → 56.23% (-1%)
Top Buyers
| 1 |
BlackRock
New York
|
+$434M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$91.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.4M |
| 4 |
Renaissance Technologies
New York
|
+$47.8M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$39.8M |
Top Sellers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$41.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$28.6M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$24.9M |
| 4 |
Citigroup
New York
|
-$20M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$8.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Envestnet Asset Management
Chicago,
Illinois
| – | -$103K | -6,296 | -100% |
|
|
FNBT
302
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$78K | -4,828 | Closed |
|
|
BBHC
303
Brown Brothers Harriman & Co
New York
| – | -$40K | -2,518 | Closed |
|
304
Nomura Asset Management
Tokyo,
Japan
| – | -$39K | -2,500 | Closed |
|
|
JFA
305
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$28K | -1,775 | Closed |
|
306
EARNEST Partners
Atlanta,
Georgia
| – | -$26K | -1,650 | Closed |
|
|
IP
307
Intellectus Partners
San Francisco,
California
| – | -$24K | -1,489 | Closed |
|
|
FWM
308
Focused Wealth Management
Newburgh,
New York
| – | -$10K | -610 | Closed |
|
|
GBBWRPM
309
Genovese Burford & Brothers Wealth & Retirement Plan Management
Sacramento,
California
| – | -$10K | -595 | Closed |
|
|
SIC
310
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$8K | -500 | Closed |
|
|
FANJ
311
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$4.76K | -291 | -94% |
|
312
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.34K | -82 | Closed |
|
RITM Hedge Fund Activity: Q1 2017 in Review
283 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Rithm Capital (RITM) for Q1 2017, worth a combined $2.93B — up 30% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new RITM positions and 27 closed out — a net gain of 40 holders — while 129 added to existing stakes and 56 trimmed.
The largest buyer was BlackRock, adding an estimated $434M. The largest seller was Credit Suisse, cutting an estimated $41.3M.
- 283 institutional investors held Rithm Capital (RITM) as of Q1 2017, up from 249 in Q4 2016.
- Funds reported $2.93B of Rithm Capital stock for Q1 2017, up 30% quarter-over-quarter.
- 67 funds opened new Rithm Capital positions in Q1 2017 and 27 closed out, a net change of +40 holders.
- The largest Rithm Capital buyer in Q1 2017 was BlackRock, an estimated $434M added.
- The largest Rithm Capital seller in Q1 2017 was Credit Suisse, an estimated $41.3M sold.
Based on aggregated 13F filings for Q1 2017.