Radiant Logistics
RLGT
117 hedge funds and large institutions have $144M invested in Radiant Logistics in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 25 increasing their positions, 40 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
8% more funds holding
Funds holding: 108 → 117 (+9)
0.44% more ownership
Funds ownership: 53.31% → 53.75% (+0.44%)
16% less capital invested
Capital invested by funds: $170M → $144M (-$26.6M)
38% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 40
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
98% less call options, than puts
Call options by funds: $20K | Put options by funds: $956K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$5.35M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.41M |
| 3 |
First Eagle Investment Management
New York
|
+$706K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$534K |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$534K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$2.57M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.88M |
| 3 |
WC
Wynnefield Capital
New York
|
-$1.21M |
| 4 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$1.15M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$629K |
RLGT Hedge Fund Activity: Q3 2023 in Review
117 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Radiant Logistics (RLGT) for Q3 2023, worth a combined $144M — down 16% from $170M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new RLGT positions and 12 closed out — a net gain of 10 holders — while 25 added to existing stakes and 40 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $5.35M. The largest seller was Rice Hall James & Associates, exiting entirely with an estimated $2.57M sold.
- 117 institutional investors held Radiant Logistics (RLGT) as of Q3 2023, up from 108 in Q2 2023.
- Funds reported $144M of Radiant Logistics stock for Q3 2023, down 16% quarter-over-quarter.
- 22 funds opened new Radiant Logistics positions in Q3 2023 and 12 closed out, a net change of +10 holders.
- The largest Radiant Logistics buyer in Q3 2023 was Lord, Abbett & Co, an estimated $5.35M added.
- The largest Radiant Logistics seller in Q3 2023 was Rice Hall James & Associates, an estimated $2.57M sold.
Based on aggregated 13F filings for Q3 2023.