Vault-13

REDFIN CORP RDFN

COM · Common Stock · CUSIP 75737F108 · ISIN US75737F1084

251 institutional holders +17 vs Q3 2023
77,140,60877.1m shares reported held*
$796.1mreported value*
48 new 84 added 65 reduced 42 sold out net sold ≈ $83.0m (-8.1m 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 ($74.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.32. Options: 20 managers hold calls ($45.5m notional), 18 hold puts ($77.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 216Q4 22: 212Q1 23: 213Q2 23: 225Q3 23: 234Q4 23: 251251Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022216
Q4 2022212
Q1 2023213
Q2 2023225
Q3 2023234
Q4 2023251

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 23Q3 23: 109 bought or addedQ3 23: 97 cut or sold outQ3 23Q4 23: 132 bought or addedQ4 23: 107 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211589
Q1 20239695
Q2 20239592
Q3 202310997
Q4 2023132107

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ1 23 calls: $23.7mQ1 23 puts: $17.5mQ1 23P/C 0.74Q2 23 calls: $36.7mQ2 23 puts: $40.6mQ2 23P/C 1.11Q3 23 calls: $23.1mQ3 23 puts: $41.6mQ3 23P/C 1.80Q4 23 calls: $45.5mQ4 23 puts: $77.4mQ4 23P/C 1.70
Numbers
QuarterCallsPutsP/C
Q1 2023$23.7m$17.5m0.74
Q2 2023$36.7m$40.6m1.11
Q3 2023$23.1m$41.6m1.80
Q4 2023$45.5m$77.4m1.70

Biggest buyers

MORGAN STANLEY Added +5,222,473+5.2m
MARSHALL WACE, LLP Added +2,490,874+2.5m
GOLDMAN SACHS GROUP INC Added +1,795,515+1.8m
BlackRock Inc. Added +1,441,555+1.4m
VANGUARD GROUP INC Added +1,260,746+1.3m
TWO SIGMA INVESTMENTS, LP Added +1,210,513+1.2m
Balyasny Asset Management L.P. Added +925,618+925.6k
JACOBS LEVY EQUITY MANAGEMENT, INC Added +729,375+729.4k
JANE STREET GROUP, LLC Added +606,796+606.8k
MILLENNIUM MANAGEMENT LLC Added +498,825+498.8k

Biggest sellers

Bares Capital Management, Inc. Sold out -16,606,557-16.6m
BAILLIE GIFFORD & CO Reduced -8,673,546-8.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,077,159-1.1m
RENAISSANCE TECHNOLOGIES LLC Sold out -659,200-659.2k
Cubist Systematic Strategies, LLC Sold out -548,206-548.2k
Qube Research & Technologies Ltd Reduced -340,903-340.9k
SG Americas Securities, LLC Reduced -299,599-299.6k
TWINBEECH CAPITAL LP Sold out -299,462-299.5k
IEQ CAPITAL, LLC Sold out -257,682-257.7k
Jump Financial, LLC Reduced -255,964-256.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.5m1.0m shares
CITADEL ADVISORS LLC Reduced $6.6m637.0k shares
GROUP ONE TRADING LLC Added $6.1m592.2k shares
JANE STREET GROUP, LLC Added $5.1m493.8k shares
SIMPLEX TRADING, LLC Added $4.1m393.3k shares
IMC-Chicago, LLC Added $2.9m282.1k shares
WOLVERINE TRADING, LLC Added $2.6m250.0k shares
GTS SECURITIES LLC Added $2.5m242.7k shares
Parallax Volatility Advisers, L.P. Unchanged $2.1m200.0k shares
Cubist Systematic Strategies, LLC Added $1.2m114.3k shares

Biggest puts

Parallax Volatility Advisers, L.P. Reduced $20.1m1.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.5m1.0m shares
WOLVERINE ASSET MANAGEMENT LLC Added $8.6m831.5k shares
BARCLAYS PLC New $8.2m791.3k shares
Balyasny Asset Management L.P. Reduced $7.6m732.3k shares
BANK OF AMERICA CORP /DE/ Unchanged $5.0m487.5k shares
CITADEL ADVISORS LLC Reduced $4.9m473.3k shares
NOMURA HOLDINGS INC New $3.6m348.6k shares
Jefferies Financial Group Inc. Added $2.8m275.0k shares
GTS SECURITIES LLC Added $2.7m260.9k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 17,238,30717.2m $177.9m $177.9m 0.00% Added +1.3m +1,260,746
2 BlackRock Inc. 0.00% of their portfolio New York, NY 9,720,0899.7m $100.3m $100.3m 0.00% Added +1.4m +1,441,555
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,995,3628.0m $82.5m $82.5m 0.00% Added +5.2m +5,222,473
4 MARSHALL WACE, LLP 0.06% of their portfolio LONDON, X0 3,297,1623.3m $34.0m $34.0m 0.06% Added +2.5m +2,490,874
5 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 3,055,6473.1m $31.5m $31.5m 0.01% Added +1.8m +1,795,515
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,661,0972.7m $27.5m $27.5m 0.00% Added +168.7k +168,670
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,416,8512.4m $24.9m $24.9m 0.00% Added +8.1k +8,136
8 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 2,007,6272.0m $20.7m $20.7m 0.05% Added +1.2m +1,210,513
9 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,968,8812.0m $20.3m $20.3m 0.02% Added +498.8k +498,825
10 JACOBS LEVY EQUITY MANAGEMENT, INC 0.09% of their portfolio FLORHAM PARK, NJ 1,727,5181.7m $17.8m $17.8m 0.09% Added +729.4k +729,375
11 TWO SIGMA ADVISERS, LP 0.04% of their portfolio NEW YORK, NY 1,718,1001.7m $17.7m $17.7m 0.04% Added +400.7k +400,700
12 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio JUPITER, FL 1,683,6491.7m $17.4m $17.4m 0.07% Reduced -240.5k -240,504
13 FEDERATED HERMES, INC. 0.04% of their portfolio PITTSBURGH, PA 1,497,9121.5m $15.5m $15.5m 0.04% Added +35.7k +35,735
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,038,2601.0m $10.7m $10.7m 0.00% Added +10.4k +10,370
15 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 950,466950.5k $9.8m $9.8m 0.03% Added +925.6k +925,618
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 885,705885.7k $9.1m $9.1m 0.00% Added +29.6k +29,618
17 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 655,489655.5k $6.8m $6.8m 0.01% Added +606.8k +606,796
18 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 621,042621.0k $6.4m $6.4m 0.03% Added +304.8k +304,788
19 Trexquant Investment LP 0.14% of their portfolio STAMFORD, CT 617,880617.9k $6.4m $6.4m 0.14% Added +417.8k +417,811
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 508,603508.6k $5.2m $5.2m 0.00% Reduced -36.2k -36,239
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 492,018492.0k $5.1m $5.1m 0.00% Added +178.7k +178,660
22 HST Ventures, LLC 1.44% of their portfolio PARK CITY, UT 395,900395.9k $4.1m $4.1m 1.44% New
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 393,420393.4k $4.1m $4.1m 0.00% Reduced -165.1k -165,059
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 379,312379.3k $3.9m $3.9m 0.00% Added +155.6k +155,605
25 CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio PARIS, I0 368,680368.7k $3.8m $3.8m 0.05% Added +274.4k +274,414
26 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 360,212360.2k $3.7m $3.7m 0.01% Added +169.7k +169,654
27 Camelot Capital Partners, LLC 2.61% of their portfolio LAGUNA BEACH, CA 358,495358.5k $3.7m $3.7m 2.61% First filing
28 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 346,954347.0k $3.6m $3.6m 0.00% New
29 PDT Partners, LLC 0.38% of their portfolio New York, NY 335,865335.9k $3.5m $3.5m 0.38% Reduced -26.1k -26,125
30 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 317,832317.8k $3.3m $3.3m 0.00% Added +3.7k +3,739
31 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 308,065308.1k $3.2m $3.2m 0.03% Added +276.8k +276,765
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 289,692289.7k $3.0m $3.0m 0.01% Reduced -7.5k -7,454
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 276,154276.2k $2.8m $2.8m 0.00% Added +223.0k +222,953
34 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 273,050273.1k $2.8m $2.8m 0.00% Added +182.3k +182,286
35 GROUP ONE TRADING LLC 0.09% of their portfolio CHICAGO, IL 272,045272.0k $2.8m $2.8m 0.09% Added +240.9k +240,870
36 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 254,304254.3k $2.5m $2.5m 0.00% Reduced -7.3k -7,321
37 Stonegate Investment Group, LLC 0.09% of their portfolio BIRMINGHAM, AL 252,000252.0k $2.6m $2.6m 0.09% Unchanged
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 245,040245.0k $2.5m $2.5m 0.00% Added +11.0k +11,005
39 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 233,100233.1k $2.4m $2.4m 0.01% New
40 Swiss National Bank 0.00% of their portfolio ZURICH, V8 224,600224.6k $2.3m $2.3m 0.00% Reduced -19.0k -19,000
41 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 208,285208.3k $2.1m $2.1m 0.00% Added +443 +443
42 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 203,107203.1k $2.1m $2.1m 0.00% Added +96.4k +96,373
43 TB Alternative Assets Ltd. 0.55% of their portfolio HONG KONG, K3 198,600198.6k $2.0m $2.0m 0.55% New
44 Dynamic Technology Lab Private Ltd 0.18% of their portfolio SINGAPORE, U0 168,734168.7k $1.7m $1.7m 0.18% New
45 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 167,701167.7k $1.7m $1.7m 0.01% Reduced -26.3k -26,323
46 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 166,081166.1k $1.7m $1.7m 0.00% Reduced -16.6k -16,591
47 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 158,674158.7k $1.6m $1.6m 0.00% Reduced -340.9k -340,903
48 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 154,440154.4k $1.6m $1.6m 0.01% Added +114.3k +114,319
49 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 153,619153.6k $1.6m $1.6m 0.00% Reduced -4.7k -4,748
50 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 153,289153.3k $1.6m $1.6m 0.00% Added +99.0k +98,993
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 151,203151.2k $1.6m $1.6m 0.00% Added +69.9k +69,934
52 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 147,145147.1k $1.5m $1.5m 0.04% Reduced -53.7k -53,658
53 GSA CAPITAL PARTNERS LLP 0.12% of their portfolio LONDON, X0 137,956138.0k $1.4m $1.4m 0.12% New
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 127,869127.9k $1.3m $1.3m 0.00% Added +12.7k +12,664
55 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 126,960127.0k $1.3m $1.3m 0.00% Reduced -610 -610
56 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 126,835126.8k $1.3m $1.3m 0.00% Added +67.3k +67,290
57 ALGERT GLOBAL LLC 0.05% of their portfolio SAN FRANCISCO, CA 121,363121.4k $1.3m $1.3m 0.05% Added +27.5k +27,493
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 119,512119.5k $1.2m $1.2m 0.00% Reduced -1.8k -1,846
59 Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio Bala Cynwyd, PA 117,958118.0k $1.2m $1.2m 0.02% First filing
60 Jump Financial, LLC 0.04% of their portfolio Chicago, IL 116,584116.6k $1.2m $1.2m 0.04% Reduced -256.0k -255,964
61 Legal & General Group Plc 0.00% of their portfolio London, X0 116,507116.5k $1.2m $1.2m 0.00% Added +11.2k +11,177
62 Gould Capital, LLC 0.88% of their portfolio TACOMA, WA 116,233116.2k $1.2m $1.2m 0.88% Added +1.0k +1,000
63 IMC-Chicago, LLC 0.04% of their portfolio CHICAGO, IL 114,901114.9k $1.2m $1.2m 0.04% Added +39.3k +39,340
64 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 111,927111.9k $1.2m $1.2m 0.00% Added +56.9k +56,876
65 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 111,700111.7k $1.2m $1.2m 0.01% Reduced -33.0k -33,000
66 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.10% of their portfolio Englewood, NJ 109,472109.5k $1.1m $1.1m 0.10% New
67 Divisadero Street Capital Management, LP 0.25% of their portfolio MIAMI, FL 106,567106.6k $1.1m $1.1m 0.25% New
68 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 106,190106.2k $1.1m $1.1m 0.00% Added +31.5k +31,497
69 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 103,455103.5k $1.1m $1.1m 0.00% Added +13.7k +13,661
70 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 102,746102.7k $1.1m $1.1m 0.01% Added +50.7k +50,685
71 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 102,243102.2k $1.1m $1.1m 0.01% Added +8.0k +8,048
72 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 101,649101.6k $1.0m $1.0m 0.00% Reduced -1.1m -1,077,159
73 No Street GP LP 0.10% of their portfolio San Francisco, CA 100,000100.0k $1.0m $1.0m 0.10% New
74 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 98,00098.0k $1.0m $1.0m 0.01% Reduced -2.2k -2,210
75 Freestone Capital Holdings, LLC 0.04% of their portfolio Seattle, WA 96,31196.3k $993.9k $993.9k 0.04% Unchanged
76 APG Asset Management N.V. 0.00% of their portfolio Amsterdam, P7 94,49194.5k $882.8k $882.8k 0.00% New
77 Numerai GP LLC 0.34% of their portfolio SAN FRANCISCO, CA 93,10893.1k $960.9k $960.9k 0.34% Added +75.2k +75,202
78 CLOUGH CAPITAL PARTNERS L P 0.10% of their portfolio Boston, MA 90,85090.8k $937.6k $937.6k 0.10% New
79 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 90,33890.3k $933.0k $933.0k 0.00% Added +7.5k +7,524
80 Headlands Technologies LLC 0.25% of their portfolio CHICAGO, IL 81,80581.8k $844.2k $844.2k 0.25% New
81 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 74,82174.8k $772.2k $772.2k 0.02% Added +34.7k +34,721
82 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 70,20070.2k $724.5k $724.5k 0.01% Added +58.0k +58,000
83 Laird Norton Wetherby Trust Company, LLC 0.09% of their portfolio Seattle, WA 70,00070.0k $722.4k $722.4k 0.09% Unchanged
84 Centiva Capital, LP 0.04% of their portfolio New York, NY 69,50669.5k $717.3k $717.3k 0.04% Added +54.1k +54,119
85 Graham Capital Management, L.P. 0.02% of their portfolio ROWAYTON, CT 68,77268.8k $709.7k $709.7k 0.02% Reduced -1.3k -1,283
86 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 67,03567.0k $691.8k $691.8k 0.01% Added +34.3k +34,256
87 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 61,34761.3k $633.1k $633.1k 0.01% Added +43.9k +43,875
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 61,22461.2k $631.8k $631.8k 0.00% Reduced -3.3k -3,297
89 Clarius Group, LLC 0.05% of their portfolio SEATTLE, WA 61,17261.2k $631.3k $631.3k 0.05% Reduced -33.8k -33,825
90 Manchester Capital Management LLC 0.08% of their portfolio MANCHESTER, VT 61,15361.2k $631.1k $631.1k 0.08% Added +60.9k +60,890
91 Great Point Wealth Advisors, LLC 0.16% of their portfolio BOSTON, MA 60,41960.4k $623.5k $623.5k 0.16% Unchanged
92 Quantbot Technologies LP 0.04% of their portfolio NEW YORK, NY 59,91459.9k $618.3k $618.3k 0.04% Reduced -69.9k -69,902
93 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 59,83659.8k $617.5k $617.5k 0.00% Reduced -1.2k -1,183
94 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 59,51059.5k $614.1k $614.1k 0.00% Reduced -12.3k -12,345
95 Bayesian Capital Management, LP 0.06% of their portfolio Brooklyn, NY 59,15659.2k $610.5k $610.5k 0.06% New
96 NinePointTwo Capital LLC 0.24% of their portfolio LOS ANGELES, CA 58,59658.6k $604.0k $604.0k 0.24% Added +33.3k +33,279
97 NATIXIS 0.00% of their portfolio PARIS, I0 58,50058.5k $603.7k $603.7k 0.00% Reduced -157.0k -157,000
98 Connective Capital Management, LLC 0.50% of their portfolio PALO ALTO, CA 57,31557.3k $591.5k $591.5k 0.50% New
99 Entropy Technologies, LP 0.11% of their portfolio NEW YORK, NY 57,22357.2k $590.5k $590.5k 0.11% First filing
100 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 55,82655.8k $576.1k $576.1k 0.00% Unchanged