READY CAPITAL CORP RC
COM · REIT · CUSIP 75574U101
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($163.1k this quarter). Holder counts are more reliable. Shares outstanding: 163.2m as of 2025-02-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $5.10. Options: 7 managers hold calls ($2.0m notional), 7 hold puts ($5.9m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 210 |
| Q4 2022 | 223 |
| Q1 2023 | 221 |
| Q2 2023 | 255 |
| Q3 2023 | 264 |
| Q4 2023 | 263 |
| Q1 2024 | 268 |
| Q2 2024 | 271 |
| Q3 2024 | 274 |
| Q4 2024 | 275 |
| Q1 2025 | 314 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 181 | 61 |
| Q3 2023 | 109 | 113 |
| Q4 2023 | 105 | 120 |
| Q1 2024 | 107 | 130 |
| Q2 2024 | 119 | 118 |
| Q3 2024 | 117 | 120 |
| Q4 2024 | 124 | 120 |
| Q1 2025 | 175 | 115 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $5.2m | $10.9m | 2.12 |
| Q3 2024 | $5.7m | $4.6m | 0.80 |
| Q4 2024 | $2.6m | $4.7m | 1.81 |
| Q1 2025 | $2.0m | $5.9m | 2.97 |
Biggest buyers
| PRIVATE MANAGEMENT GROUP INC | New | +1.6m |
| Balyasny Asset Management L.P. | Added | +1.4m |
| Clear Harbor Asset Management, LLC | Added | +1.2m |
| NEXPOINT ASSET MANAGEMENT, L.P. | New | +873.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +836.6k |
| MILLENNIUM MANAGEMENT LLC | New | +694.8k |
| Invesco Ltd. | Added | +502.2k |
| WINTON GROUP Ltd | New | +385.7k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +335.5k |
| UBS Group AG | Added | +306.9k |
Biggest sellers
| BlackRock, Inc. | Reduced | -890.0k |
| Hudson Bay Capital Management LP | Sold out | -644.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -557.3k |
| JPMORGAN CHASE & CO | Reduced | -454.4k |
| MARSHALL WACE, LLP | Sold out | -392.6k |
| Jump Financial, LLC | Sold out | -286.4k |
| MASON CAPITAL MANAGEMENT LLC | Sold out | -278.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -258.6k |
| SVB WEALTH LLC | Sold out | -246.9k |
| STATE STREET CORP | Reduced | -213.6k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $559.4k109.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $468.8k92.1k shares |
| CITADEL ADVISORS LLC | Added | $405.2k79.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $342.0k67.3k shares |
| JANE STREET GROUP, LLC | Reduced | $126.2k24.8k shares |
| Beach Point Capital Management LP | New | $78.3k340.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Crawford Fund Management, LLC | Added | $4.3m852.5k shares |
| CITADEL ADVISORS LLC | Added | $787.9k154.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $495.3k97.3k shares |
| GROUP ONE TRADING LLC | Reduced | $184.8k36.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $53.0k10.6k shares |
| HAP Trading, LLC | New | $12.3k10.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-01-08 | 8.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $284.9k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 2 | $212.1k | 0 | — | — |
| Q2 2024 | 1 | $82.9k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 6 | $703.9k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-12 | Ahlborn Andrew Chief Financial Officer | Bought | $50.4k10.0k shares |
| 2025-03-10 | Taylor Gary Chief Operating Officer | Bought | $52.3k10.0k shares |
| 2025-03-10 | NATHAN GILBERT E Director | Bought | $25.6k5.0k shares |
| 2025-03-07 | Zausmer Adam Chief Credit Officer | Bought | $54.2k10.0k shares |
| 2025-03-06 | Capasse Thomas E CEO and CIO, director | Bought | $449.1k90.0k shares |
| 2025-03-05 | Capasse Thomas E CEO and CIO, director | Bought | $48.0k10.0k shares |
| 2025-03-05 | Ross Jack J. President, director | Bought | $24.2k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 27.8m $141.7m | Reduced -890.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 11.5m $58.3m | Added +84.1k |
| STATE STREET CORP 0.00% of their portfolio | 6.5m $33.9m | Reduced -213.6k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 4.4m $22.5m | Added +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.0m $20.2m | Added +141.8k |
| WATERFALL ASSET MANAGEMENT, LLC 32.74% of their portfolio | 3.9m $19.9m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 3.6m $18.4m | Added +502.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.3m $11.6m | Added +10.1k |
| Clear Harbor Asset Management, LLC 0.85% of their portfolio | 2.1m $10.7m | Added +1.2m |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $9.2m | Reduced -18.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 1.8m $9.0m | Reduced -258.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.6m $8.3m | Reduced -193.5k |
| PRIVATE MANAGEMENT GROUP INC 0.29% of their portfolio | 1.6m $8.2m | New |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 1.4m $7.1m | Reduced -146.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.3m $6.8m | Added +172.2k |
| UBS Group AG 0.00% of their portfolio | 1.3m $6.6m | Added +306.9k |
| RAMSEY QUANTITATIVE SYSTEMS 6.68% of their portfolio | 1.2m $6.4m | Unchanged |
| Quadrant Private Wealth Management, LLC 1.56% of their portfolio | 1.2m $6.3m | Reduced -15.7k |
| Soltis Investment Advisors LLC 0.48% of their portfolio | 1.1m $5.3m | Reduced -28.5k |
| Schechter Investment Advisors, LLC 0.39% of their portfolio | 936.2k $4.8m | Reduced -2.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 887.4k $4.5m | Added +836.6k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.42% of their portfolio | 873.0k $4.4m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 838.9k $4.3m | Added +21.9k |
| Advisors Asset Management, Inc. 0.08% of their portfolio | 838.3k $4.3m | Added +142.9k |
| Mariner, LLC 0.01% of their portfolio | 744.6k $3.8m | Reduced -35.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 694.8k $3.5m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 647.4k $3.3m | Reduced -557.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 556.3k $2.8m | Added +162.3k |
| WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio | 555.6k $2.8m | Added +335.5k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 534.5k $2.7m | Added +113.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 475.4k $2.4m | Reduced -28.1k |
| Legal & General Group Plc 0.00% of their portfolio | 446.7k $2.3m | Added +2.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 442.4k $2.3m | Added +9.9k |
| BARCLAYS PLC 0.00% of their portfolio | 434.1k $2.2m | Reduced -136.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 387.3k $2.0m | Reduced -14.4k |
| GraniteShares Advisors LLC 1.26% of their portfolio | 387.2k $2.0m | Added +23.5k |
| AMERICAN FINANCIAL GROUP INC 0.84% of their portfolio | 386.1k $2.0m | Unchanged |
| WINTON GROUP Ltd 0.12% of their portfolio | 385.7k $2.0m | New |
| Northeast Financial Consultants Inc 0.07% of their portfolio | 329.8k $1.7m | Reduced -2.4k |
| Swiss National Bank 0.00% of their portfolio | 311.7k $1.6m | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 309.2k $1.6m | First filing |
| Creative Planning 0.00% of their portfolio | 290.3k $1.5m | Added +4.7k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 289.7k $1.5m | Reduced -82.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 285.7k $1.5m | Added +107.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 275.3k $1.4m | Added +5.6k |
| Focus Partners Wealth 0.00% of their portfolio | 263.8k $1.3m | Reduced -202.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 257.4k $1.3m | Reduced -20.3k |
| CITIGROUP INC 0.00% of their portfolio | 252.0k $1.3m | Added +22.6k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 245.3k $1.2m | Reduced -36.0k |
| AXS Investments LLC 0.33% of their portfolio | 234.1k $1.2m | Reduced -8.4k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 230.2k $1.2m | Added +26.6k |
| Corient Private Wealth LP 0.00% of their portfolio | 223.7k $1.1m | Added +27.5k |
| FIRST FOUNDATION ADVISORS 0.05% of their portfolio | 220.7k $1.1m | Reduced -87.5k |
| Graham Capital Management, L.P. 0.03% of their portfolio | 214.9k $1.1m | Added +95.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 186.0k $946.9k | Reduced -384 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 173.7k $884.0k | Unchanged |
| State of Wyoming 0.11% of their portfolio | 169.9k $864.9k | Added +9.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 169.3k $1.2m | Reduced -3.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 161.0k $819.7k | Reduced -454.4k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 155.8k $793.2k | Added +20.3k |
| Penserra Capital Management LLC 0.01% of their portfolio | 151.3k $770.0k | Added +26.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 149.8k $762.5k | Unchanged |
| Nebula Research & Development LLC 0.07% of their portfolio | 148.0k $753.4k | Added +46.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 142.9k $727.4k | Added +99.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 142.6k $708.9k | Reduced -7.7k |
| Parallel Advisors, LLC 0.02% of their portfolio | 136.0k $692.0k | Reduced -114.6k |
| OMERS ADMINISTRATION Corp 0.01% of their portfolio | 135.9k $691.7k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 134.3k $684.0k | Reduced -85.8k |
| TOWNSQUARE CAPITAL LLC 0.01% of their portfolio | 129.2k $657.8k | Added +42.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 129.0k $656.4k | Added +13.2k |
| Summit Global Investments 0.05% of their portfolio | 124.4k $633.0k | Reduced -3.7k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 123.8k $630.0k | Reduced -6.5k |
| Quinn Opportunity Partners LLC 0.04% of their portfolio | 121.3k $617.3k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 120.3k $613.0k | Added +6.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 119.8k $609.6k | Reduced -14.8k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 116.5k $592.8k | Added +25.2k |
| LPL Financial LLC 0.00% of their portfolio | 112.4k $572.3k | Added +80.1k |
| CWM, LLC 0.00% of their portfolio | 107.9k $549.0k | Added +104.8k |
| Lido Advisors, LLC 0.00% of their portfolio | 107.4k $560.0k | Reduced -704 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 107.2k $545.7k | Added +34.8k |
| Quantbot Technologies LP 0.02% of their portfolio | 107.1k $545.3k | New |
| XTX Topco Ltd 0.03% of their portfolio | 106.5k $542.0k | Added +82.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 103.0k $524.1k | Reduced -50.0k |
| PARAGON CAPITAL MANAGEMENT INC 0.42% of their portfolio | 102.1k $519.7k | Reduced -14.0k |
| Spire Wealth Management 0.02% of their portfolio | 95.3k $485.0k | Added +4.2k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 93.4k $475.0k | Reduced -2.4k |
| Geneos Wealth Management Inc. 0.01% of their portfolio | 92.1k $468.9k | Added +91.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 91.7k $466.5k | Reduced -1.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 86.7k $441.4k | Reduced -7.0k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 84.6k $430.7k | Reduced -1.7k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 83.2k $423.0k | Reduced -28.2k |
| Freestone Grove Partners LP 0.00% of their portfolio | 82.9k $421.8k | Added +64.0k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 81.5k $414.7k | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 81.5k $414.7k | Added +3.3k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 79.4k $404.1k | Reduced -2.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 79.1k $402.0k | Added +22.8k |
| World Investment Advisors 0.01% of their portfolio | 78.8k $401.1k | Reduced -9.4k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 77.9k $407.0k | Added +7.0k |
| Virtu Financial LLC 0.02% of their portfolio | 75.9k $386.0k | Added +40.2k |
| Advisory Services Network, LLC 0.01% of their portfolio | 73.7k $375.4k | Reduced -1.6k |