Vault-13

R1 RCM INC

COM · Common Stock · CUSIP 77634L105 · ISIN US77634L1052

224 institutional holders -8 vs Q1 2023
257,393,942257.4m shares reported held*
$4.7bnreported value*
25 new 79 added 87 reduced 36 sold out net sold ≈ $215.8m (-11.7m 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 ($15.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.42. Options: 15 managers hold calls ($22.1m notional), 7 hold puts ($1.1m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 232Q1 23: 232Q2 23: 224224Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022244
Q4 2022232
Q1 2023232
Q2 2023224

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 153 bought or addedQ4 22: 117 cut or sold outQ4 22Q1 23: 122 bought or addedQ1 23: 116 cut or sold outQ1 23Q2 23: 104 bought or addedQ2 23: 123 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022153117
Q1 2023122116
Q2 2023104123

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 22 calls: $6.1mQ3 22 puts: $2.6mQ3 22P/C 0.42Q4 22 calls: $23.7mQ4 22 puts: $1.4mQ4 22P/C 0.06Q1 23 calls: $22.7mQ1 23 puts: $1.5mQ1 23P/C 0.06Q2 23 calls: $22.1mQ2 23 puts: $1.1mQ2 23P/C 0.05
Numbers
QuarterCallsPutsP/C
Q3 2022$6.1m$2.6m0.42
Q4 2022$23.7m$1.4m0.06
Q1 2023$22.7m$1.5m0.06
Q2 2023$22.1m$1.1m0.05

Biggest buyers

VANGUARD GROUP INC Added +5,583,335+5.6m
Polar Capital Holdings Plc Added +3,954,454+4.0m
Point72 Asset Management, L.P. Added +2,402,237+2.4m
ORBIMED ADVISORS LLC Added +1,691,000+1.7m
MILLENNIUM MANAGEMENT LLC Added +1,652,234+1.7m
Thrivent Financial for Lutherans Added +1,147,282+1.1m
MACQUARIE GROUP LTD Added +1,147,034+1.1m
DIMENSIONAL FUND ADVISORS LP Added +767,156+767.2k
Mesirow Institutional Investment Management, Inc. New +669,895+669.9k
P2 Capital Partners, LLC Added +580,990+581.0k

Biggest sellers

FMR LLC Reduced -12,537,292-12.5m
BlackRock Inc. Reduced -3,564,609-3.6m
Coliseum Capital Management, LLC Sold out -2,727,841-2.7m
Sachem Head Capital Management LP Reduced -2,327,000-2.3m
GOLDMAN SACHS GROUP INC Reduced -2,107,814-2.1m
AMERICAN CENTURY COMPANIES INC Reduced -939,601-939.6k
AMERIPRISE FINANCIAL INC Reduced -889,490-889.5k
BANK OF AMERICA CORP /DE/ Reduced -872,857-872.9k
STATE STREET CORP Reduced -824,846-824.8k
Lombard Odier Asset Management (Switzerland) SA Sold out -797,006-797.0k

Biggest calls

Point72 Asset Management, L.P. New $3.7m200.0k shares
Walleye Trading LLC Reduced $2.6m140.2k shares
JANE STREET GROUP, LLC Reduced $2.3m123.7k shares
CITADEL ADVISORS LLC Reduced $2.0m108.8k shares
Caption Management, LLC New $1.9m105.0k shares
HAP Trading, LLC Added $1.9m2.6m shares
Parallax Volatility Advisers, L.P. New $1.5m83.0k shares
BANK OF MONTREAL /CAN/ Reduced $1.5m90.0k shares
SIMPLEX TRADING, LLC Reduced $1.5m80.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.5m80.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $400.4k21.7k shares
HAP Trading, LLC New $314.5k2.5m shares
CITADEL ADVISORS LLC Reduced $269.4k14.6k shares
Walleye Trading LLC Reduced $92.2k5.0k shares
GROUP ONE TRADING LLC Unchanged $9.2k500 shares
SIMPLEX TRADING, LLC Reduced $5.0k300 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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 New Mountain Capital, L.L.C. 79.56% of their portfolio New York, NY 94,408,78094.4m $1.7bn $1.7bn 79.56% Unchanged
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 16,993,48217.0m $313.5m $313.5m 0.01% Added +5.6m +5,583,335
3 BlackRock Inc. 0.01% of their portfolio New York, NY 14,079,03014.1m $259.8m $259.8m 0.01% Reduced -3.6m -3,564,609
4 CITADEL ADVISORS LLC 0.17% of their portfolio MIAMI, FL 8,336,6738.3m $153.8m $153.8m 0.17% Added +242.7k +242,651
5 Capital International Investors 0.04% of their portfolio Los Angeles, CA 8,218,5648.2m $151.6m $151.6m 0.04% Added +47.4k +47,376
6 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 6,942,1176.9m $128.1m $128.1m 0.01% Added +522.3k +522,332
7 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 6,788,5966.8m $125.2m $125.2m 0.03% Added +383.3k +383,338
8 AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio KANSAS CITY, MO 6,481,0366.5m $119.6m $119.6m 0.09% Reduced -939.6k -939,601
9 Sachem Head Capital Management LP 4.27% of their portfolio NEW YORK, NY 5,108,0005.1m $94.2m $94.2m 4.27% Reduced -2.3m -2,327,000
10 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 4,902,7174.9m $90.5m $90.5m 0.02% Reduced -62.1k -62,057
11 Polar Capital Holdings Plc 0.59% of their portfolio London, X0 4,673,8624.7m $86.2m $86.2m 0.59% Added +4.0m +3,954,454
12 SNYDER CAPITAL MANAGEMENT L P 1.63% of their portfolio San Francisco, CA 4,153,6764.2m $76.6m $76.6m 1.63% Added +67.4k +67,357
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,090,4654.1m $75.5m $75.5m 0.00% Reduced -824.8k -824,846
14 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,998,9784.0m $73.8m $73.8m 0.01% Reduced -872.9k -872,857
15 FMR LLC 0.01% of their portfolio BOSTON, MA 3,443,7023.4m $63.5m $63.5m 0.01% Reduced -12.5m -12,537,292
16 ORBIMED ADVISORS LLC 1.16% of their portfolio New York, NY 3,441,0003.4m $63.5m $63.5m 1.16% Added +1.7m +1,691,000
17 PARADIGM CAPITAL MANAGEMENT INC/NY 3.53% of their portfolio ALBANY, NY 3,338,4003.3m $61.6m $61.6m 3.53% Unchanged
18 Boston Partners 0.08% of their portfolio BOSTON, MA 3,183,3153.2m $58.3m $58.3m 0.08% Reduced -141.4k -141,408
19 Point72 Asset Management, L.P. 0.18% of their portfolio STAMFORD, CT 2,807,4872.8m $51.8m $51.8m 0.18% Added +2.4m +2,402,237
20 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 2,684,0492.7m $49.5m $49.5m 0.05% Added +1.7m +1,652,234
21 P2 Capital Partners, LLC 5.38% of their portfolio New York, NY 2,505,0172.5m $46.2m $46.2m 5.38% Added +581.0k +580,990
22 NORGES BANK 0.01% of their portfolio OSLO, Q8 2,503,3822.5m $46.2m $46.2m 0.01% Reduced -116.6k -116,594
23 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,435,8122.4m $44.9m $44.9m 0.01% Reduced -607.0k -606,971
24 Sunriver Management LLC 8.48% of their portfolio GREENWICH, CT 2,276,9362.3m $42.0m $42.0m 8.48% Reduced -427.0k -426,998
25 JENNISON ASSOCIATES LLC 0.03% of their portfolio NEW YORK, NY 2,127,3732.1m $39.3m $39.3m 0.03% Added +165.4k +165,433
26 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 2,094,3422.1m $38.6m $38.6m 0.09% Added +1.1m +1,147,282
27 MACQUARIE GROUP LTD 0.04% of their portfolio Sydney, NSW 2000, C3 2,079,1212.1m $38.4m $38.4m 0.04% Added +1.1m +1,147,034
28 LORD, ABBETT & CO. LLC 0.06% of their portfolio JERSEY CITY, NJ 1,874,5461.9m $34.6m $34.6m 0.06% Reduced -478.9k -478,890
29 GLENMEDE TRUST CO NA 0.12% of their portfolio PHILADELPHIA, PA 1,387,5951.4m $21.1m $21.1m 0.12% Added +2.8k +2,846
30 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,286,1121.3m $23.7m $23.7m 0.00% Reduced -741.6k -741,602
31 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.14% of their portfolio NEW YORK, NY 1,027,3401.0m $19.0m $19.0m 0.14% Added +220.6k +220,618
32 Clearbridge Investments, LLC 0.02% of their portfolio NEW YORK, NY 1,016,8261.0m $18.8m $18.8m 0.02% Reduced -165.4k -165,410
33 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 979,621979.6k $18.1m $18.1m 0.01% Added +767.2k +767,156
34 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 901,568901.6k $16.6m $16.6m 0.02% Added +32.4k +32,438
35 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 892,393892.4k $16.5m $16.5m 0.02% Added +205.5k +205,487
36 DSC Advisors, L.P. 24.39% of their portfolio CHICAGO, IL 841,000841.0k $15.5m $15.5m 24.39% Reduced -149.0k -149,000
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 832,768832.8k $15.4m $15.4m 0.00% Reduced -316.1k -316,102
38 SECTORAL ASSET MANAGEMENT INC 2.49% of their portfolio MONTREAL, A8 809,194809.2k $14.9m $14.9m 2.49% Reduced -140.0k -140,000
39 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 808,186808.2k $12.1m $12.1m 0.01% Unchanged
40 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 806,537806.5k $14.9m $14.9m 0.03% Added +450.1k +450,073
41 EVENTIDE ASSET MANAGEMENT, LLC 0.23% of their portfolio Boston, MA 735,705735.7k $13.6m $13.6m 0.23% Added +140.1k +140,136
42 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.12% of their portfolio VICTORIA, A1 710,000710.0k $13.1m $13.1m 0.12% Unchanged
43 Mesirow Institutional Investment Management, Inc. 1.27% of their portfolio CHICAGO, IL 669,895669.9k $12.4m $12.4m 1.27% New
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 638,056638.1k $11.8m $11.8m 0.00% Reduced -2.1m -2,107,814
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 604,585604.6k $11.2m $11.2m 0.00% Added +405.8k +405,801
46 PURA VIDA INVESTMENTS, LLC 4.57% of their portfolio NEW YORK, NY 596,282596.3k $11.0m $11.0m 4.57% Reduced -168.4k -168,418
47 WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio LAGUNA BEACH, CA 580,086580.1k $10.7m $10.7m 0.03% Reduced -11.4k -11,354
48 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 561,502561.5k $10.4m $10.4m 0.01% Reduced -29.8k -29,828
49 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.06% of their portfolio SAN FRANCISCO, CA 552,000552.0k $10.2m $10.2m 0.06% Not comparable
50 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 492,654492.7k $9.1m $9.1m 0.00% Reduced -78.1k -78,072
51 Voss Capital, LP 1.06% of their portfolio HOUSTON, TX 473,571473.6k $8.7m $8.7m 1.06% Reduced -340.8k -340,832
52 Walleye Capital LLC 0.15% of their portfolio NEW YORK, NY 470,645470.6k $8.7m $8.7m 0.15% Reduced -303.7k -303,748
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 453,649453.6k $8.4m $8.4m 0.00% Reduced -118.4k -118,423
54 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 445,818445.8k $8.2m $8.2m 0.01% Reduced -32.8k -32,807
55 KINGDON CAPITAL MANAGEMENT, L.L.C. 1.26% of their portfolio NEW YORK, NY 391,068391.1k $7.2m $7.2m 1.26% Reduced -327.3k -327,332
56 Caisse de depot et placement du Quebec 0.02% of their portfolio Montreal, A8 382,000382.0k $7.0m $7.0m 0.02% Reduced -205.0k -205,000
57 Swiss National Bank 0.00% of their portfolio ZURICH, V8 364,200364.2k $6.7m $6.7m 0.00% Added +49.6k +49,600
58 Tekla Capital Management LLC 0.26% of their portfolio Boston, MA 356,851356.9k $6.6m $6.6m 0.26% Unchanged
59 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 353,174353.2k $6.5m $6.5m 0.02% Reduced -5.1k -5,139
60 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 326,585326.6k $6.0m $6.0m 0.01% Reduced -74.8k -74,753
61 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 317,967318.0k $5.9m $5.9m 0.01% Added +44.7k +44,741
62 Rhenman & Partners Asset Management AB 0.58% of their portfolio Stockholm, V7 300,000300.0k $5.5m $5.5m 0.58% Unchanged
63 OAK RIDGE INVESTMENTS LLC 0.63% of their portfolio Chicago, IL 277,187277.2k $5.1m $5.1m 0.63% Reduced -8.0k -7,992
64 CenterBook Partners LP 0.64% of their portfolio GREENWICH, CT 275,898275.9k $5.1m $5.1m 0.64% Reduced -319.0k -319,049
65 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 274,524274.5k $5.1m $5.1m 0.01% New
66 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 273,885273.9k $5.1m $5.1m 0.01% Added +33.1k +33,076
67 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 248,694248.7k $4.6m $4.6m 0.00% Added +20.5k +20,454
68 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 245,867245.9k $4.5m $4.5m 0.00% Reduced -78.5k -78,505
69 Legal & General Group Plc 0.00% of their portfolio London, X0 237,371237.4k $4.4m $4.4m 0.00% Added +4.5k +4,542
70 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 218,530218.5k $4.0m $4.0m 0.01% Added +151.3k +151,257
71 SHELTON CAPITAL MANAGEMENT 0.14% of their portfolio Denver, CO 217,094217.1k $4.0m $4.0m 0.14% New
72 EFG Asset Management (North America) Corp. 0.86% of their portfolio Portland, OR 216,683216.7k $4.0m $4.0m 0.86% Reduced -3.9k -3,905
73 Bridgewater Associates, LP 0.02% of their portfolio Westport, CT 214,423214.4k $4.0m $4.0m 0.02% Added +37.0k +37,019
74 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 208,711208.7k $3.9m $3.9m 0.00% Reduced -103.8k -103,849
75 AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio New York, NY 208,290208.3k $3.8m $3.8m 0.02% Reduced -74.9k -74,942
76 PEAK6 Investments LLC 0.32% of their portfolio CHICAGO, IL 203,586203.6k $3.8m $3.8m 0.32% Reduced -42.9k -42,917
77 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 198,483198.5k $3.7m $3.7m 0.01% Added +14.5k +14,502
78 Jefferies Financial Group Inc. 0.08% of their portfolio NEW YORK, NY 195,600195.6k $3.6m $3.6m 0.08% Added +184.5k +184,547
79 Brookfield Corp /ON/ 0.01% of their portfolio TORONTO, A6 185,611185.6k $3.4m $3.4m 0.01% Added +65.4k +65,416
80 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 183,628183.6k $3.4m $3.4m 0.00% Reduced -889.5k -889,490
81 Retirement Systems of Alabama 0.01% of their portfolio MONTGOMERY, AL 177,850177.8k $3.3m $3.3m 0.01% Reduced -1.7k -1,744
82 M&T Bank Corp 0.01% of their portfolio BUFFALO, NY 171,608171.6k $3.2m $3.2m 0.01% Added +1.9k +1,921
83 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 149,506149.5k $2.8m $2.8m 0.00% Added +71.8k +71,806
84 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 147,435147.4k $2.7m $2.7m 0.01% Reduced -14.5k -14,455
85 EAGLE ASSET MANAGEMENT INC 0.01% of their portfolio ST PETERSBURG, FL 140,346140.3k $2.6m $2.6m 0.01% Reduced -3.2k -3,206
86 Man Group plc 0.01% of their portfolio LONDON, X0 138,509138.5k $2.6m $2.6m 0.01% New
87 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 133,402133.4k $2.5m $2.5m 0.00% Added +97.9k +97,882
88 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 130,721130.7k $2.4m $2.4m 0.01% Reduced -800 -800
89 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 130,477130.5k $2.4m $2.4m 0.02% Unchanged
90 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 123,662123.7k $2.3m $2.3m 0.01% Added +21.9k +21,948
91 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 121,104121.1k $2.2m $2.2m 0.02% Reduced -1.8k -1,802
92 Centiva Capital, LP 0.11% of their portfolio New York, NY 120,584120.6k $2.2m $2.2m 0.11% New
93 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 113,800113.8k $2.1m $2.1m 0.01% Unchanged
94 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 111,980112.0k $2.1m $2.1m 0.00% Reduced -46.9k -46,886
95 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 110,270110.3k $2.0m $2.0m 0.00% Reduced -59.0k -58,992
96 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 106,327106.3k $2.0m $2.0m 0.06% Reduced -12.5k -12,505
97 P.A.W. CAPITAL CORP 3.79% of their portfolio GREENWICH, CT 100,000100.0k $1.8m $1.8m 3.79% Unchanged
98 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio New York, NY 99,88599.9k $1.8m $1.8m 0.02% Reduced -10.7k -10,664
99 PIER 88 INVESTMENT PARTNERS LLC 0.43% of their portfolio SAN FRANCISCO, CA 94,69094.7k $1.7m $1.7m 0.43% Reduced -11.1k -11,090
100 TEALWOOD ASSET MANAGEMENT INC 0.84% of their portfolio Minneapolis, MN 93,71293.7k $1.7m $1.7m 0.84% Reduced -2.8k -2,778