READY CAPITAL CORP RC 7 08.15.23
7% CN SR NT 2023 · PUBLIC · CUSIP 75574U200
24
institutional holders
+2 vs Q1 2023
1.6m
shares reported held*
$40.2mreported value*
3 new
6 added
8 reduced
2 sold out
net sold ≈ $13.4m (-534.5k shares)
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $25.14.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 24 |
| Q4 2022 | 22 |
| Q1 2023 | 22 |
| Q2 2023 | 24 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 12 | 7 |
| Q1 2023 | 11 | 6 |
| Q2 2023 | 9 | 10 |
Biggest buyers
| Raymond James Financial Services Advisors, Inc. | Added | +59.3k |
| CITADEL ADVISORS LLC | New | +51.3k |
| SSI INVESTMENT MANAGEMENT LLC | Added | +46.2k |
| BlackRock Inc. | Added | +40.3k |
| LDR Capital Management LLC | New | +22.5k |
| Arkadios Wealth Advisors | Added | +5.4k |
| OSAIC HOLDINGS, INC. | Added | +1.6k |
| UBS Group AG | New | +300 |
| STIFEL FINANCIAL CORP | Added | +150 |
Biggest sellers
| State of Tennessee, Department of Treasury | Reduced | -392.7k |
| Skaana Management L.P. | Sold out | -124.5k |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -116.7k |
| Walleye Capital LLC | Sold out | -42.8k |
| JPMORGAN CHASE & CO | Reduced | -23.8k |
| FMR LLC | Reduced | -6.4k |
| ROYAL BANK OF CANADA | Reduced | -2.7k |
| B. Riley Wealth Advisors, Inc. | Reduced | -2.3k |
| MORGAN STANLEY | Reduced | -520 |
| Cutler Capital Management, LLC | Reduced | -400 |
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.00% of their portfolio | 585.2k $14.7m | Reduced -23.8k |
| BlackRock Inc. 0.00% of their portfolio | 390.4k $9.8m | Added +40.3k |
| Amtrust Financial Services, Inc. 2.10% of their portfolio | 150.8k $3.8m | Unchanged |
| SSI INVESTMENT MANAGEMENT LLC 0.23% of their portfolio | 132.7k $3.3m | Added +46.2k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 97.2k $2.4m | Added +59.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 51.3k $51.8k | New |
| Cutler Capital Management, LLC 0.57% of their portfolio | 48.3k $1.2m | Reduced -400 |
| B. Riley Wealth Advisors, Inc. 0.02% of their portfolio | 33.3k $837.2k | Reduced -2.3k |
| GLENMEDE TRUST CO NA 0.00% of their portfolio | 29.2k $729.3k | Unchanged |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 27.3k $685.9k | Reduced -392.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 27.2k $682.7k | Added +1.6k |
| LDR Capital Management LLC 0.35% of their portfolio | 22.5k $564.1k | New |
| Arkadios Wealth Advisors 0.04% of their portfolio | 13.8k $347.0k | Added +5.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 12.1k $303.7k | Reduced -116.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.3k $258.6k | Added +150 |
| FMR LLC 0.00% of their portfolio | 6.4k $159.7k | Reduced -6.4k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 5.3k $133.9k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 3.8k $95.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.5k $38.0k | Reduced -2.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.4k $35.4k | Unchanged |
| UMB Bank, n.a. 0.00% of their portfolio | 333 $8.4k | Not comparable |
| UBS Group AG 0.00% of their portfolio | 300 $7.5k | New |
| MORGAN STANLEY 0.00% of their portfolio | 280 $7.0k | Reduced -520 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |