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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 164.3m as of 2025-08-08, 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 ≈ $4.40. Options: 9 managers hold calls ($1.0m notional), 8 hold puts ($4.6m).
Trends to Q2 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 |
| Q2 2025 | 301 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 149 | 125 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $5.7m | $4.6m | 0.80 |
| Q4 2024 | $2.6m | $4.7m | 1.81 |
| Q1 2025 | $2.0m | $5.9m | 2.97 |
| Q2 2025 | $1.0m | $4.6m | 4.57 |
Biggest buyers
| MARSHALL WACE, LLP | New | +1.5m |
| RAMSEY QUANTITATIVE SYSTEMS | Added | +1.2m |
| Arax Advisory Partners | Added | +753.0k |
| ROYAL BANK OF CANADA | Added | +751.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +544.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +452.1k |
| MORGAN STANLEY | Added | +407.7k |
| CITADEL ADVISORS LLC | Added | +368.2k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | Added | +358.0k |
| BANK OF AMERICA CORP /DE/ | Added | +347.5k |
Biggest sellers
| BlackRock, Inc. | Reduced | -783.0k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -555.6k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -449.5k |
| Balyasny Asset Management L.P. | Reduced | -448.0k |
| Clear Harbor Asset Management, LLC | Reduced | -412.0k |
| WINTON GROUP Ltd | Sold out | -385.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -367.4k |
| Focus Partners Wealth | Reduced | -243.0k |
| State of Wyoming | Sold out | -169.9k |
| Corient Private Wealth LP | Reduced | -166.7k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $397.2k90.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $232.0k53.1k shares |
| CITADEL ADVISORS LLC | Reduced | $162.6k37.2k shares |
| JANE STREET GROUP, LLC | Reduced | $91.3k20.9k shares |
| WOLVERINE TRADING, LLC | New | $67.0k14.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $48.0k11.0k shares |
| Beach Point Capital Management LP | Unchanged | $17.0k340.5k shares |
| WOLVERINE ASSET MANAGEMENT LLC | New | $1.3k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Crawford Fund Management, LLC | Reduced | $3.5m790.0k shares |
| CITADEL ADVISORS LLC | Reduced | $398.5k91.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $312.5k71.5k shares |
| WOLVERINE TRADING, LLC | New | $280.4k62.3k shares |
| GROUP ONE TRADING LLC | Reduced | $158.2k36.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $32.0k7.4k shares |
| WOLVERINE ASSET MANAGEMENT LLC | New | $9.6k2.2k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 1 | $1.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-04-29 | Ahlborn Andrew Chief Financial Officer | Bought | $1.5k358 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 27.1m $118.2m | Reduced -783.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 11.5m $50.3m | Added +60.8k |
| STATE STREET CORP 0.00% of their portfolio | 6.6m $29.4m | Added +56.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.0m $17.6m | Added +58.9k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 4.0m $17.4m | Reduced -448.0k |
| WATERFALL ASSET MANAGEMENT, LLC 20.48% of their portfolio | 3.9m $17.1m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 3.5m $15.3m | Reduced -120.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.7m $11.9m | Added +452.1k |
| RAMSEY QUANTITATIVE SYSTEMS 5.44% of their portfolio | 2.5m $10.9m | Added +1.2m |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $9.7m | Added +407.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 1.9m $8.4m | Added +164.9k |
| Clear Harbor Asset Management, LLC 0.56% of their portfolio | 1.7m $7.4m | Reduced -412.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $7.3m | Added +22.1k |
| PRIVATE MANAGEMENT GROUP INC 0.23% of their portfolio | 1.6m $7.1m | Added +8.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 1.5m $6.5m | New |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 1.5m $6.4m | Added +61.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.3m $5.9m | Added +9.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.2m $5.4m | Added +544.4k |
| UBS Group AG 0.00% of their portfolio | 1.2m $5.4m | Reduced -70.8k |
| Quadrant Private Wealth Management, LLC 1.13% of their portfolio | 1.2m $5.5m | Added +12.9k |
| Soltis Investment Advisors LLC 0.34% of their portfolio | 987.9k $4.3m | Reduced -62.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 924.4k $4.0m | Added +368.2k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.36% of their portfolio | 873.0k $3.8m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 845.2k $3.7m | Added +6.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 799.2k $3.5m | Added +751.7k |
| Advisors Asset Management, Inc. 0.06% of their portfolio | 794.0k $3.5m | Reduced -44.3k |
| Mariner, LLC 0.00% of their portfolio | 756.4k $3.3m | Added +11.8k |
| Arax Advisory Partners 0.15% of their portfolio | 753.8k $3.3m | Added +753.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 633.3k $2.8m | Added +347.5k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 581.3k $2.5m | Added +46.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 524.0k $2.3m | Added +48.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 486.7k $2.1m | Added +44.3k |
| Legal & General Group Plc 0.00% of their portfolio | 458.8k $2.0m | Added +12.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 437.9k $1.9m | Reduced -449.5k |
| BARCLAYS PLC 0.00% of their portfolio | 427.8k $1.9m | Reduced -6.4k |
| GraniteShares Advisors LLC 1.11% of their portfolio | 413.0k $1.8m | Added +25.8k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 399.6k $1.7m | Added +109.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 398.3k $3.8m | Added +358.0k |
| AMERICAN FINANCIAL GROUP INC 0.63% of their portfolio | 386.1k $1.7m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 381.3k $1.7m | Reduced -6.0k |
| AXS Investments LLC 0.61% of their portfolio | 340.0k $1.5m | Added +105.9k |
| Northeast Financial Consultants Inc 0.06% of their portfolio | 329.8k $1.4m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 319.7k $1.4m | Added +212.5k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 313.1k $1.4m | New |
| Swiss National Bank 0.00% of their portfolio | 311.7k $1.4m | Unchanged |
| FMR LLC 0.00% of their portfolio | 307.0k $1.3m | Added +291.0k |
| Nuveen, LLC 0.00% of their portfolio | 289.2k $1.3m | Reduced -20.0k |
| Creative Planning 0.00% of their portfolio | 288.7k $1.3m | Reduced -1.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 280.0k $1.2m | Reduced -367.4k |
| XTX Topco Ltd 0.05% of their portfolio | 269.4k $1.2m | Added +162.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 261.2k $1.1m | Reduced -14.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 260.9k $1.1m | Added +3.5k |
| Penserra Capital Management LLC 0.01% of their portfolio | 244.8k $1.1m | Added +93.5k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 228.2k $997.0k | Reduced -17.1k |
| FIRST FOUNDATION ADVISORS 0.03% of their portfolio | 213.5k $933.1k | Reduced -7.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 196.1k $857.1k | Added +179.8k |
| GSA CAPITAL PARTNERS LLP 0.06% of their portfolio | 186.7k $816.0k | Added +170.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 186.0k $812.9k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 178.1k $778.1k | Added +8.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 176.8k $772.6k | Added +27.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 173.7k $759.0k | Unchanged |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 164.3k $718.2k | Added +8.5k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 163.6k $715.1k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 158.2k $691.3k | Added +103.3k |
| CITIGROUP INC 0.00% of their portfolio | 156.5k $683.9k | Reduced -95.5k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 155.4k $679.2k | Reduced -59.5k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 145.4k $636.0k | Added +11.1k |
| Quantbot Technologies LP 0.02% of their portfolio | 144.4k $631.2k | Added +37.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 141.8k $619.5k | Reduced -1.2k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 130.0k $568.3k | Reduced -100.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 129.8k $568.0k | Added +9.5k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 125.4k $548.0k | Added +1.6k |
| Quinn Opportunity Partners LLC 0.05% of their portfolio | 121.3k $530.0k | Unchanged |
| Summit Global Investments 0.03% of their portfolio | 120.3k $526.0k | Reduced -4.0k |
| Quantinno Capital Management LP 0.00% of their portfolio | 113.7k $496.7k | Added +92.7k |
| LPL Financial LLC 0.00% of their portfolio | 111.9k $489.1k | Reduced -511 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 111.5k $487.4k | Added +8.6k |
| Lido Advisors, LLC 0.00% of their portfolio | 108.6k $488.0k | Added +1.2k |
| INCEPTIONR LLC 0.10% of their portfolio | 102.9k $449.5k | Added +67.0k |
| PARAGON CAPITAL MANAGEMENT INC 0.34% of their portfolio | 102.1k $446.2k | Unchanged |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 101.8k $444.0k | Added +8.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 99.9k $436.5k | Reduced -19.9k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 97.9k $428.0k | Added +11.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 94.6k $413.2k | Reduced -66.5k |
| Nebula Research & Development LLC 0.03% of their portfolio | 93.4k $408.2k | Reduced -54.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 92.4k $403.8k | Added +753 |
| Centiva Capital, LP 0.03% of their portfolio | 90.0k $393.5k | Added +43.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 84.4k $368.7k | Added +2.9k |
| Jump Financial, LLC 0.00% of their portfolio | 84.1k $367.3k | New |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 83.2k $364.0k | Unchanged |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 81.5k $356.0k | Unchanged |
| World Investment Advisors 0.01% of their portfolio | 79.7k $348.3k | Added +892 |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 79.7k $348.3k | Added +300 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 75.3k $329.0k | Added +14.6k |
| Advisory Services Network, LLC 0.00% of their portfolio | 73.7k $310.5k | Unchanged |
| Joel Isaacson & Co., LLC 0.01% of their portfolio | 72.9k $318.4k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 72.1k $315.5k | Reduced -70.4k |
| NORDEN GROUP LLC 0.03% of their portfolio | 71.2k $311.1k | Added +25.2k |
| CWM, LLC 0.00% of their portfolio | 70.0k $306.0k | Reduced -37.9k |
| U.S. Capital Wealth Advisors, LLC 0.01% of their portfolio | 67.3k $294.1k | Unchanged |