Radiant Logistics
RLGT
112 hedge funds and large institutions have $168M invested in Radiant Logistics in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 38 reducing their positions, and 16 closing their positions.
40% more capital invested
Capital invested by funds: $120M → $168M (+$48.1M)
5.55% more ownership
Funds ownership: 47.67% → 53.22% (+5.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 113 → 112 (-1)
3% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 38
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
97% less call options, than puts
Call options by funds: $158K | Put options by funds: $5.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.04M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$1.44M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.23M |
| 4 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
+$629K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
-$7.14M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.16M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$802K |
| 4 |
BlackRock
New York
|
-$677K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$463K |
RLGT Hedge Fund Activity: Q1 2023 in Review
112 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Radiant Logistics (RLGT) for Q1 2023, worth a combined $168M — up 40% from $120M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RLGT and 15 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 37 added.
The largest buyer was Vanguard Group, adding an estimated $3.04M. The largest seller was Kanen Wealth Management, exiting entirely with an estimated $7.14M sold.
- 112 institutional investors held Radiant Logistics (RLGT) as of Q1 2023, down from 113 in Q4 2022.
- Funds reported $168M of Radiant Logistics stock for Q1 2023, up 40% quarter-over-quarter.
- 15 funds opened new Radiant Logistics positions in Q1 2023 and 16 closed out, a net change of -1 holder.
- The largest Radiant Logistics buyer in Q1 2023 was Vanguard Group, an estimated $3.04M added.
- The largest Radiant Logistics seller in Q1 2023 was Kanen Wealth Management, an estimated $7.14M sold.
Based on aggregated 13F filings for Q1 2023.