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 ($51.2k this quarter). Holder counts are more reliable. Shares outstanding: 162.1m as of 2025-11-06, 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 ≈ $2.18. Options: 7 managers hold calls ($1.6m notional), 7 hold puts ($1.1m).
Trends to Q4 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 |
| Q3 2025 | 275 |
| Q4 2025 | 266 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 107 | 130 |
| Q2 2024 | 119 | 118 |
| Q3 2024 | 117 | 120 |
| Q4 2024 | 124 | 120 |
| Q1 2025 | 175 | 115 |
| Q2 2025 | 149 | 125 |
| Q3 2025 | 96 | 163 |
| Q4 2025 | 116 | 144 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $2.0m | $5.9m | 2.97 |
| Q2 2025 | $1.0m | $4.6m | 4.57 |
| Q3 2025 | $3.7m | $3.9m | 1.05 |
| Q4 2025 | $1.6m | $1.1m | 0.71 |
Biggest buyers
| MASON CAPITAL MANAGEMENT LLC | New | +3.8m |
| JANE STREET GROUP, LLC | Added | +3.4m |
| PRIVATE MANAGEMENT GROUP INC | Added | +3.2m |
| UBS Group AG | Added | +1.9m |
| CITADEL ADVISORS LLC | Added | +1.8m |
| D. E. Shaw & Co., Inc. | Added | +1.8m |
| Qube Research & Technologies Ltd | New | +1.2m |
| MORGAN STANLEY | Added | +882.4k |
| HRT FINANCIAL LP | New | +855.1k |
| Y-Intercept (Hong Kong) Ltd | Added | +819.1k |
Biggest sellers
| BlackRock, Inc. | Reduced | -10.5m |
| Invesco Ltd. | Reduced | -3.7m |
| VANGUARD GROUP INC | Reduced | -2.6m |
| STATE STREET CORP | Reduced | -2.3m |
| Bank of New York Mellon Corp | Reduced | -846.8k |
| PRINCIPAL FINANCIAL GROUP INC | Sold out | -746.5k |
| Public Sector Pension Investment Board | Sold out | -602.5k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -453.5k |
| GraniteShares Advisors LLC | Sold out | -452.8k |
| Clear Harbor Asset Management, LLC | Reduced | -436.0k |
Biggest calls
| TUDOR INVESTMENT CORP ET AL | Unchanged | $407.4k186.9k shares |
| SIMPLEX TRADING, LLC | Added | $403.5k185.1k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $266.2k122.1k shares |
| CITADEL ADVISORS LLC | Reduced | $208.8k95.8k shares |
| HRT FINANCIAL LP | New | $130.0k59.9k shares |
| GROUP ONE TRADING LLC | Reduced | $115.1k52.8k shares |
| Beach Point Capital Management LP | Added | $25.0k500.0k shares |
Biggest puts
| Crawford Fund Management, LLC | Reduced | $632.2k290.0k shares |
| CITADEL ADVISORS LLC | Reduced | $192.1k88.1k shares |
| GROUP ONE TRADING LLC | Added | $113.8k52.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $73.5k33.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $53.0k24.3k shares |
| JANE STREET GROUP, LLC | New | $43.2k19.8k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | $1.1k500 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 1 | $1.6k | 0 | — | — |
| Q4 2025 | 1 | $1.7k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-10-30 | Ahlborn Andrew Chief Financial Officer | Bought | $1.7k565 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 14.8m $32.2m | Reduced -10.5m |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.6m $18.8m | Reduced -2.6m |
| PRIVATE MANAGEMENT GROUP INC 0.31% of their portfolio | 4.8m $10.5m | Added +3.2m |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 4.1m $8.9m | Added +3.4m |
| WATERFALL ASSET MANAGEMENT, LLC 4.56% of their portfolio | 3.9m $8.5m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 3.9m $8.6m | Reduced -2.3m |
| MASON CAPITAL MANAGEMENT LLC 1.47% of their portfolio | 3.8m $8.2m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.7m $8.1m | Added +53.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 3.2m $7.1m | Added +402.2k |
| UBS Group AG 0.00% of their portfolio | 3.2m $6.9m | Added +1.9m |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 2.6m $5.6m | Added +1.8m |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $5.3m | Added +882.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 2.3m $4.9m | Added +199.1k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 2.0m $4.5m | Added +1.8m |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.9m $4.2m | Added +176.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $3.3m | Reduced -383.8k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 1.5m $3.2m | Added +48.2k |
| RAMSEY QUANTITATIVE SYSTEMS 2.48% of their portfolio | 1.2m $2.7m | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 1.2m $2.6m | Added +785.1k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 1.2m $2.5m | New |
| Quadrant Private Wealth Management, LLC 0.41% of their portfolio | 1.1m $2.5m | Reduced -133.9k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 972.8k $2.1m | Added +797.2k |
| Soltis Investment Advisors LLC 0.13% of their portfolio | 897.7k $2.0m | Reduced -33.5k |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 883.3k $1.9m | Added +819.1k |
| HRT FINANCIAL LP 0.01% of their portfolio | 855.1k $1.9m | New |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.13% of their portfolio | 850.1k $1.9m | Reduced -22.9k |
| Mariner, LLC 0.00% of their portfolio | 793.3k $1.7m | Reduced -3.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 771.4k $1.7m | Added +415.1k |
| TCW GROUP INC 0.01% of their portfolio | 756.2k $1.6m | New |
| Arax Advisory Partners 0.04% of their portfolio | 577.6k $1.3m | Reduced -196.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 568.6k $1.2m | Added +234.8k |
| Invesco Ltd. 0.00% of their portfolio | 530.6k $1.2m | Reduced -3.7m |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 525.9k $1.1m | New |
| Clear Harbor Asset Management, LLC 0.08% of their portfolio | 504.0k $1.1m | Reduced -436.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 482.8k $1.1m | Reduced -846.8k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 465.1k $1.0m | Added +275.4k |
| Penserra Capital Management LLC 0.01% of their portfolio | 462.8k $1.0m | Added +209.5k |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 421.1k $918.0k | Reduced -278.7k |
| Squarepoint Ops LLC 0.00% of their portfolio | 410.7k $895.3k | Added +197.5k |
| FMR LLC 0.00% of their portfolio | 390.7k $851.7k | Added +108.2k |
| AMERICAN FINANCIAL GROUP INC 0.31% of their portfolio | 386.1k $841.7k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 375.3k $818.1k | Added +331.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 368.9k $804.2k | New |
| XTX Topco Ltd 0.02% of their portfolio | 364.4k $794.4k | Added +309.8k |
| Creative Planning 0.00% of their portfolio | 357.6k $779.6k | Added +86.9k |
| BARCLAYS PLC 0.00% of their portfolio | 355.1k $774.1k | Added +15.5k |
| NORDEN GROUP LLC 0.07% of their portfolio | 335.7k $731.9k | Added +230.1k |
| Quinn Opportunity Partners LLC 0.03% of their portfolio | 332.8k $725.6k | Added +211.5k |
| Swiss National Bank 0.00% of their portfolio | 311.7k $679.4k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.06% of their portfolio | 304.9k $665.0k | Added +224.3k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 303.2k $661.1k | New |
| Nuveen, LLC 0.00% of their portfolio | 289.2k $630.5k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 282.9k $617.0k | Added +113.1k |
| Quantbot Technologies LP 0.02% of their portfolio | 277.2k $604.4k | Added +204.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 270.2k $589.0k | Added +153.1k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 263.5k $574.5k | Added +240.0k |
| Aster Capital Management (DIFC) Ltd 0.21% of their portfolio | 215.7k $470.2k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 202.8k $442.1k | Reduced -284.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 201.5k $439.2k | Reduced -43.3k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 180.0k $392.4k | New |
| Quadrature Capital Ltd 0.00% of their portfolio | 175.0k $381.5k | Added +161.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 174.1k $379.5k | Reduced -1.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 173.8k $378.8k | Reduced -2.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 170.1k $370.9k | Added +36.5k |
| Graham Capital Management, L.P. 0.01% of their portfolio | 156.9k $342.1k | Added +23.2k |
| Legal & General Group Plc 0.00% of their portfolio | 152.2k $331.8k | Reduced -262.0k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 146.4k $319.3k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 130.9k $285.3k | Added +89.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 123.3k $268.8k | Added +7.1k |
| Massar Capital Management, LP 0.05% of their portfolio | 122.6k $267.4k | New |
| Summit Global Investments 0.02% of their portfolio | 121.1k $264.0k | Added +1.4k |
| Verition Fund Management LLC 0.00% of their portfolio | 121.1k $264.1k | Reduced -749 |
| Atom Investors LP 0.02% of their portfolio | 118.2k $257.7k | Added +88.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 116.8k $254.6k | Reduced -345.2k |
| Vident Advisory, LLC 0.00% of their portfolio | 109.3k $238.2k | New |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 108.9k $237.4k | Reduced -64.6k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 92.3k $201.2k | Reduced -50.8k |
| Alpine Global Management, LLC 0.04% of their portfolio | 87.0k $189.6k | New |
| Aristides Capital LLC 0.07% of their portfolio | 86.9k $189.4k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 84.1k $183.4k | Reduced -14.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 82.4k $179.7k | Added +47.4k |
| FIRST FOUNDATION ADVISORS 0.01% of their portfolio | 79.7k $173.7k | Reduced -92.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 76.9k $167.7k | Reduced -23.9k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 73.6k $160.4k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 72.1k $157.6k | Unchanged |
| Joel Isaacson & Co., LLC 0.01% of their portfolio | 71.9k $156.7k | Reduced -1.0k |
| PARAGON CAPITAL MANAGEMENT INC 0.12% of their portfolio | 70.0k $152.6k | Reduced -32.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 69.0k $150.4k | Reduced -374 |
| Eagle Point Credit Management LLC 0.14% of their portfolio | 67.9k $148.1k | First filing |
| MetLife Investment Management, LLC 0.00% of their portfolio | 65.9k $143.6k | Reduced -28.8k |
| LPL Financial LLC 0.00% of their portfolio | 65.2k $142.2k | Reduced -22.9k |
| Permanens Capital L.P. 0.02% of their portfolio | 65.0k $142.3k | Added +50.0k |
| Advisory Services Network, LLC 0.00% of their portfolio | 62.7k $136.7k | Reduced -10.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 62.7k $136.6k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 61.7k $134.0k | New |
| Sunbelt Securities, Inc. 0.01% of their portfolio | 61.1k $133.2k | Reduced -2.8k |
| HighTower Advisors, LLC 0.00% of their portfolio | 57.7k $125.8k | Reduced -8.4k |
| AlphaQuest LLC 0.01% of their portfolio | 56.7k $123.7k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 56.3k $122.7k | Added +43.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 48.8k $106.3k | Reduced -7.5k |