Vault-13

REDFIN CORP RDFN

COM · Common Stock · CUSIP 75737F108 · ISIN US75737F1084

225 institutional holders +12 vs Q1 2023
89,530,71489.5m shares reported held*
$1.1bnreported value*
33 new 62 added 70 reduced 22 sold out net bought ≈ $30.5m (+2.5m 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 ($216.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.42. Options: 17 managers hold calls ($36.7m notional), 16 hold puts ($40.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 216Q4 22: 212Q1 23: 213Q2 23: 225225Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022216
Q4 2022212
Q1 2023213
Q2 2023225

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 115 bought or addedQ4 22: 89 cut or sold outQ4 22Q1 23: 96 bought or addedQ1 23: 95 cut or sold outQ1 23Q2 23: 95 bought or addedQ2 23: 92 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211589
Q1 20239695
Q2 20239592

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 22 calls: $9.4mQ3 22 puts: $12.7mQ3 22P/C 1.35Q4 22 calls: $9.7mQ4 22 puts: $11.1mQ4 22P/C 1.14Q1 23 calls: $23.7mQ1 23 puts: $17.5mQ1 23P/C 0.74Q2 23 calls: $36.7mQ2 23 puts: $40.6mQ2 23P/C 1.11
Numbers
QuarterCallsPutsP/C
Q3 2022$9.4m$12.7m1.35
Q4 2022$9.7m$11.1m1.14
Q1 2023$23.7m$17.5m0.74
Q2 2023$36.7m$40.6m1.11

Biggest buyers

VANGUARD GROUP INC Added +1,238,367+1.2m
MILLENNIUM MANAGEMENT LLC Added +833,689+833.7k
MARSHALL WACE, LLP Added +804,709+804.7k
GOLDMAN SACHS GROUP INC Added +764,186+764.2k
D. E. Shaw & Co., Inc. Added +511,138+511.1k
MORGAN STANLEY Added +345,463+345.5k
JPMORGAN CHASE & CO Added +320,599+320.6k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +253,138+253.1k
BANK OF AMERICA CORP /DE/ Added +235,754+235.8k
Jump Financial, LLC Added +194,435+194.4k

Biggest sellers

CITADEL ADVISORS LLC Reduced -1,235,658-1.2m
Bares Capital Management, Inc. Reduced -750,491-750.5k
Nuveen Asset Management, LLC Reduced -604,633-604.6k
BAILLIE GIFFORD & CO Reduced -421,744-421.7k
JACOBS LEVY EQUITY MANAGEMENT, INC Reduced -414,420-414.4k
HST Ventures, LLC Reduced -399,633-399.6k
BlackRock Inc. Reduced -201,924-201.9k
Graham Capital Management, L.P. Sold out -98,999-99.0k
Ergoteles LLC Reduced -98,860-98.9k
Assenagon Asset Management S.A. Reduced -89,211-89.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.2m663.2k shares
CITADEL ADVISORS LLC Added $8.1m648.5k shares
JANE STREET GROUP, LLC Added $6.8m550.1k shares
GROUP ONE TRADING LLC Reduced $3.9m310.8k shares
IMC-Chicago, LLC Added $2.0m157.3k shares
SIMPLEX TRADING, LLC Added $1.9m154.9k shares
WOLVERINE TRADING, LLC Added $1.6m124.2k shares
Walleye Trading LLC Added $1.2m94.8k shares
MYDA Advisors LLC New $808.5k65.1k shares
Cubist Systematic Strategies, LLC New $783.7k63.1k shares

Biggest puts

Balyasny Asset Management L.P. New $12.4m996.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.1m810.4k shares
CITADEL ADVISORS LLC Added $5.8m468.2k shares
Parallax Volatility Advisers, L.P. Reduced $5.0m400.2k shares
WOLVERINE TRADING, LLC Reduced $1.5m113.1k shares
Jefferies Financial Group Inc. New $1.2m100.0k shares
D. E. Shaw & Co., Inc. New $1.2m96.7k shares
Walleye Trading LLC Added $1.0m84.3k shares
Cubist Systematic Strategies, LLC New $814.8k65.6k shares
Walleye Capital LLC Added $524.1k42.2k 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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Bares Capital Management, Inc. 7.44% of their portfolio AUSTIN, TX 17,323,28017.3m $215.2m $215.2m 7.44% Reduced -750.5k -750,491
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 15,785,39915.8m $196.1m $196.1m 0.00% Added +1.2m +1,238,367
3 BAILLIE GIFFORD & CO 0.09% of their portfolio EDINBURGH, X0 8,698,7168.7m $108.0m $108.0m 0.09% Reduced -421.7k -421,744
4 BlackRock Inc. 0.00% of their portfolio New York, NY 7,861,9197.9m $97.6m $97.6m 0.00% Reduced -201.9k -201,924
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,939,3722.9m $36.5m $36.5m 0.00% Added +345.5k +345,463
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,424,7152.4m $30.1m $30.1m 0.00% Added +114.7k +114,703
7 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 2,378,7232.4m $29.5m $29.5m 0.08% Added +21.0k +20,973
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,352,5742.4m $29.2m $29.2m 0.00% Added +109.4k +109,402
9 TWO SIGMA ADVISERS, LP 0.07% of their portfolio NEW YORK, NY 2,322,9002.3m $28.9m $28.9m 0.07% Added +185.6k +185,600
10 JACOBS LEVY EQUITY MANAGEMENT, INC 0.15% of their portfolio FLORHAM PARK, NJ 2,108,5382.1m $26.2m $26.2m 0.15% Reduced -414.4k -414,420
11 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 2,099,8002.1m $26.1m $26.1m 0.04% Reduced -75.0k -75,000
12 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,669,9321.7m $20.7m $20.7m 0.02% Added +833.7k +833,689
13 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,599,4111.6m $19.9m $19.9m 0.01% Added +764.2k +764,186
14 FEDERATED HERMES, INC. 0.05% of their portfolio PITTSBURGH, PA 1,474,6141.5m $18.3m $18.3m 0.05% Reduced -37.9k -37,944
15 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio JUPITER, FL 1,402,3921.4m $17.4m $17.4m 0.08% Added +253.1k +253,138
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,021,8411.0m $12.7m $12.7m 0.00% Reduced -3.9k -3,913
17 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 998,415998.4k $12.4m $12.4m 0.02% Added +511.1k +511,138
18 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 848,450848.5k $10.5m $10.5m 0.02% Added +804.7k +804,709
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 816,619816.6k $10.1m $10.1m 0.00% Added +12.5k +12,534
20 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 603,877603.9k $7.5m $7.5m 0.00% Reduced -604.6k -604,633
21 Assenagon Asset Management S.A. 0.03% of their portfolio SENNINGERBERG, N4 548,271548.3k $6.8m $6.8m 0.03% Reduced -89.2k -89,211
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 479,664479.7k $6.0m $6.0m 0.00% Added +320.6k +320,599
23 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 477,684477.7k $5.9m $5.9m 0.01% Reduced -1.2m -1,235,658
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 462,118462.1k $5.7m $5.7m 0.00% Added +7.5k +7,457
25 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 429,716429.7k $5.3m $5.3m 0.00% Reduced -52.4k -52,417
26 TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio STAMFORD, CT 393,807393.8k $4.9m $4.9m 0.08% Reduced -25.4k -25,399
27 PDT Partners, LLC 0.64% of their portfolio New York, NY 373,085373.1k $4.6m $4.6m 0.64% Reduced -27.4k -27,418
28 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 370,614370.6k $4.6m $4.6m 0.01% Added +120.6k +120,632
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 321,924321.9k $4.0m $4.0m 0.00% Added +235.8k +235,754
30 Jump Financial, LLC 0.14% of their portfolio Chicago, IL 310,989311.0k $3.9m $3.9m 0.14% Added +194.4k +194,435
31 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 265,231265.2k $3.4m $3.4m 0.01% Reduced -4.6k -4,557
32 CWM, LLC 0.02% of their portfolio OMAHA, NE 259,545259.5k $3.2m $3.2m 0.02% Reduced -9.7k -9,748
33 Stonegate Investment Group, LLC 0.11% of their portfolio BIRMINGHAM, AL 252,000252.0k $3.1m $3.1m 0.11% Unchanged
34 IEQ CAPITAL, LLC 0.06% of their portfolio Foster City, CA 250,057250.1k $3.1m $3.1m 0.06% Reduced -3.4k -3,413
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 238,900238.9k $3.0m $3.0m 0.00% Added +27.6k +27,600
36 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.03% of their portfolio FRANKFORT, KY 220,559220.6k $2.7m $2.7m 0.03% Unchanged
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 217,396217.4k $2.7m $2.7m 0.00% Added +7.6k +7,624
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 211,504211.5k $2.6m $2.6m 0.00% Reduced -44.2k -44,248
39 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 204,775204.8k $2.5m $2.5m 0.01% Added +184.6k +184,586
40 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 195,931195.9k $2.4m $2.4m 0.01% Added +1.9k +1,891
41 Informed Momentum Co LLC 0.45% of their portfolio SOLANA BEACH, CA 194,281194.3k $2.4m $2.4m 0.45% New
42 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 189,829189.8k $2.4m $2.4m 0.02% Added +118.7k +118,718
43 NATIXIS 0.02% of their portfolio PARIS, I0 165,500165.5k $2.1m $2.1m 0.02% Unchanged
44 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 164,070164.1k $2.0m $2.0m 0.00% Added +40.9k +40,867
45 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 154,109154.1k $1.9m $1.9m 0.00% Added +2.6k +2,610
46 Trexquant Investment LP 0.05% of their portfolio STAMFORD, CT 152,426152.4k $1.9m $1.9m 0.05% Reduced -19.3k -19,265
47 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 142,207142.2k $1.8m $1.8m 0.01% Added +27.3k +27,332
48 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 137,712137.7k $1.7m $1.7m 0.02% New
49 Gould Capital, LLC 1.30% of their portfolio TACOMA, WA 137,225137.2k $1.7m $1.7m 1.30% Reduced -10.6k -10,593
50 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 131,943131.9k $1.6m $1.6m 0.00% Added +6.4k +6,444
51 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 130,994131.0k $1.7m $1.7m 0.00% Added +24.8k +24,849
52 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 127,570127.6k $1.6m $1.6m 0.00% Reduced -32.6k -32,600
53 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 125,394125.4k $1.6m $1.6m 0.00% Reduced -29.5k -29,460
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 125,374125.4k $1.6m $1.6m 0.00% Added +1.6k +1,619
55 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 106,495106.5k $1.3m $1.3m 0.00% Reduced -26.8k -26,846
56 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 105,300105.3k $1.3m $1.3m 0.03% New
57 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 104,037104.0k $1.3m $1.3m 0.01% Reduced -73.5k -73,515
58 Legal & General Group Plc 0.00% of their portfolio London, X0 101,108101.1k $1.3m $1.3m 0.00% Added +52.2k +52,199
59 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 100,180100.2k $1.2m $1.2m 0.01% Added +2.2k +2,180
60 MYDA Advisors LLC 0.47% of their portfolio WOODMERE, NY 100,000100.0k $1.2m $1.2m 0.47% New
61 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 98,26698.3k $1.2m $1.2m 0.00% Added +16.8k +16,759
62 Freestone Capital Holdings, LLC 0.05% of their portfolio Seattle, WA 95,82195.8k $1.2m $1.2m 0.05% Added +84 +84
63 Clarius Group, LLC 0.09% of their portfolio SEATTLE, WA 94,99795.0k $1.2m $1.2m 0.09% Unchanged
64 Ergoteles LLC 0.05% of their portfolio NEW YORK, NY 91,77191.8k $1.1m $1.1m 0.05% Reduced -98.9k -98,860
65 Vanderbilt University 0.28% of their portfolio NASHVILLE, TN 87,65687.7k $1.1m $1.1m 0.28% Reduced -43.8k -43,824
66 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 82,15482.2k $1.0m $1.0m 0.00% Reduced -32.6k -32,574
67 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 80,33980.3k $998.0k $998.0k 0.00% Added +1.8k +1,765
68 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 78,89578.9k $979.9k $979.9k 0.00% Added +31.3k +31,251
69 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 76,05876.1k $944.6k $944.6k 0.04% Reduced -12.5k -12,502
70 Parallax Volatility Advisers, L.P. 0.03% of their portfolio San Francisco, CA 75,00075.0k $931.5k $931.5k 0.03% Reduced -25.0k -25,000
71 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 74,92074.9k $930.5k $930.5k 0.01% Added +30.6k +30,578
72 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 70,32570.3k $931.8k $931.8k 0.01% Reduced -28.9k -28,942
73 Laird Norton Wetherby Trust Company, LLC 0.10% of their portfolio Seattle, WA 70,00070.0k $869.4k $869.4k 0.10% Unchanged
74 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 68,20668.2k $617.9k $617.9k 0.00% Unchanged
75 HST Ventures, LLC 0.41% of their portfolio PARK CITY, UT 67,16467.2k $834.2k $834.2k 0.41% Reduced -399.6k -399,633
76 Great Point Wealth Advisors, LLC 0.23% of their portfolio BOSTON, MA 60,41960.4k $750.4k $750.4k 0.23% Unchanged
77 UBS Group AG 0.00% of their portfolio ZURICH, V8 59,48659.5k $738.8k $738.8k 0.00% Added +35.3k +35,325
78 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 58,43958.4k $725.8k $725.8k 0.00% Reduced -26.3k -26,341
79 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 58,01558.0k $720.5k $720.5k 0.00% Added +29.5k +29,454
80 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 55,82655.8k $693.4k $693.4k 0.01% Unchanged
81 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 55,32455.3k $687.1k $687.1k 0.00% New
82 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 53,81553.8k $668.4k $668.4k 0.00% New
83 Mariner, LLC 0.00% of their portfolio Overland Park, KS 53,69753.7k $667.0k $667.0k 0.00% Added +2.2k +2,220
84 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 51,57551.6k $640.6k $640.6k 0.00% Added +39.2k +39,245
85 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 51,19751.2k $635.9k $635.9k 0.00% Reduced -103 -103
86 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 50,75650.8k $630.4k $630.4k 0.00% Added +695 +695
87 DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio NEW YORK, NY 46,34346.3k $575.6k $575.6k 0.06% New
88 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 45,92545.9k $570.4k $570.4k 0.00% Reduced -22.0k -21,973
89 Nebula Research & Development LLC 0.42% of their portfolio New York, NY 44,64844.6k $554.5k $554.5k 0.42% New
90 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 43,54843.5k $541.0k $541.0k 0.01% New
91 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 43,34943.3k $538.4k $538.4k 0.00% Reduced -1.6k -1,625
92 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 43,05943.1k $534.2k $534.2k 0.00% Reduced -52 -52
93 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 42,89742.9k $532.8k $532.8k 0.00% Unchanged
94 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 41,79641.8k $519.1k $519.1k 0.00% Reduced -1.5k -1,459
95 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 41,23641.2k $512.2k $512.2k 0.00% Unchanged
96 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.00% of their portfolio Cincinnati, OH 40,02040.0k $497.0k $497.0k 0.00% Unchanged
97 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 39,55239.6k $491.2k $491.2k 0.00% Reduced -10 -10
98 FMR LLC 0.00% of their portfolio BOSTON, MA 39,37139.4k $489.0k $489.0k 0.00% Reduced -38.2k -38,155
99 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 38,87438.9k $519.4k $519.4k 0.00% Reduced -5.2k -5,223
100 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 38,27638.3k $475.4k $475.4k 0.00% Added +34.8k +34,789