Rocket Companies
242 hedge funds and large institutions have $781M invested in Rocket Companies in 2023 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 79 increasing their positions, 68 reducing their positions, and 32 closing their positions.
36% more call options, than puts
Call options by funds: $40.2M | Put options by funds: $29.5M
27% more capital invested
Capital invested by funds: $617M → $781M (+$164M)
22% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 32
16% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 68
2% more funds holding
Funds holding: 238 → 242 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.09% less ownership
Funds ownership: 72.77% → 71.68% (-1.1%)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$80.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$10.5M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.99M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$3.92M |
Top Sellers
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$45.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$14.6M |
| 3 |
JCM
Junto Capital Management
New York
|
-$13.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$8.32M |
| 5 |
Millennium Management
New York
|
-$8.21M |
RKT Hedge Fund Activity: Q1 2023 in Review
242 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Rocket Companies (RKT) for Q1 2023, worth a combined $781M — up 27% from $617M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RKT positions and 32 closed out — a net gain of 7 holders — while 79 added to existing stakes and 68 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $80.2M. The largest seller was Caledonia Investments (Australia), cutting an estimated $45.6M.
- 242 institutional investors held Rocket Companies (RKT) as of Q1 2023, up from 238 in Q4 2022.
- Funds reported $781M of Rocket Companies stock for Q1 2023, up 27% quarter-over-quarter.
- 39 funds opened new Rocket Companies positions in Q1 2023 and 32 closed out, a net change of +7 holders.
- The largest Rocket Companies buyer in Q1 2023 was Fidelity Investments, an estimated $80.2M added.
- The largest Rocket Companies seller in Q1 2023 was Caledonia Investments (Australia), an estimated $45.6M sold.
Based on aggregated 13F filings for Q1 2023.