Vault-13

R1 RCM INC

COM · Common Stock · CUSIP 77634L105 · ISIN US77634L1052

257 institutional holders +2 vs Q4 2023
245,847,693245.8m shares reported held*
$3.2bnreported value*
59 new 75 added 93 reduced 60 sold out net sold ≈ $305.1m (-23.7m 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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.88. Options: 12 managers hold calls ($3.1m notional), 13 hold puts ($9.7m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 232Q1 23: 232Q2 23: 224Q3 23: 224Q4 23: 255Q1 24: 257257Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022244
Q4 2022232
Q1 2023232
Q2 2023224
Q3 2023224
Q4 2023255
Q1 2024257

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 23Q3 23: 124 bought or addedQ3 23: 87 cut or sold outQ3 23Q4 23: 141 bought or addedQ4 23: 126 cut or sold outQ4 23Q1 24: 134 bought or addedQ1 24: 153 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022153117
Q1 2023122116
Q2 2023104123
Q3 202312487
Q4 2023141126
Q1 2024134153

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 23 calls: $22.1mQ2 23 puts: $1.1mQ2 23P/C 0.05Q3 23 calls: $8.4mQ3 23 puts: $10.3mQ3 23P/C 1.22Q4 23 calls: $846.1kQ4 23 puts: $660.1kQ4 23P/C 0.78Q1 24 calls: $3.1mQ1 24 puts: $9.7mQ1 24P/C 3.11
Numbers
QuarterCallsPutsP/C
Q2 2023$22.1m$1.1m0.05
Q3 2023$8.4m$10.3m1.22
Q4 2023$846.1k$660.1k0.78
Q1 2024$3.1m$9.7m3.11

Biggest buyers

Coliseum Capital Management, LLC Added +4,980,000+5.0m
HAWK RIDGE CAPITAL MANAGEMENT LP New +4,609,177+4.6m
Boston Partners Added +2,519,739+2.5m
Voss Capital, LP Added +2,085,547+2.1m
First Light Asset Management, LLC Added +1,736,346+1.7m
Melqart Asset Management (UK) Ltd New +1,508,102+1.5m
Balyasny Asset Management L.P. Added +1,451,687+1.5m
Walleye Capital LLC Added +1,393,200+1.4m
ADAGE CAPITAL PARTNERS GP, L.L.C. New +1,271,491+1.3m
AMERIPRISE FINANCIAL INC Added +1,050,026+1.1m

Biggest sellers

Sachem Head Capital Management LP Sold out -9,605,000-9.6m
MORGAN STANLEY Reduced -7,154,541-7.2m
Capital International Investors Reduced -6,521,530-6.5m
ORBIMED ADVISORS LLC Sold out -4,803,200-4.8m
CITADEL ADVISORS LLC Reduced -4,781,339-4.8m
SNYDER CAPITAL MANAGEMENT L P Sold out -2,835,047-2.8m
Parsifal Capital Management, LP Sold out -2,263,952-2.3m
P2 Capital Partners, LLC Reduced -1,970,294-2.0m
LORD, ABBETT & CO. LLC Sold out -1,831,450-1.8m
RENAISSANCE TECHNOLOGIES LLC Reduced -1,760,800-1.8m

Biggest calls

WOLVERINE TRADING, LLC New $748.3k58.1k shares
Squarepoint Ops LLC Added $644.0k50.0k shares
CITADEL ADVISORS LLC Added $555.1k43.1k shares
GROUP ONE TRADING LLC Added $331.0k25.7k shares
JANE STREET GROUP, LLC New $255.0k19.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $237.0k18.4k shares
SIMPLEX TRADING, LLC Added $227.0k17.7k shares
HAP Trading, LLC New $96.7k100.4k shares
PEAK6 Investments LLC New $37.4k2.9k shares
Walleye Capital LLC Reduced $2.6k200 shares

Biggest puts

TIG Advisors, LLC New $2.7m206.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m121.1k shares
SIMPLEX TRADING, LLC Added $1.1m81.6k shares
HARVEST MANAGEMENT LLC New $1.0m81.4k shares
DLD Asset Management, LP New $707.6k55.0k shares
Centiva Capital, LP New $644.0k50.0k shares
FIFTH LANE CAPITAL, LP New $526.8k40.9k shares
JANE STREET GROUP, LLC New $390.3k30.3k shares
PEAK6 Investments LLC New $383.8k29.8k shares
GROUP ONE TRADING LLC Added $345.2k26.8k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 New Mountain Capital, L.L.C. 77.26% of their portfolio New York, NY 94,408,78094.4m $1.2bn $1.2bn 77.26% Unchanged
2 BlackRock Inc. 0.01% of their portfolio New York, NY 16,668,60616.7m $214.7m $214.7m 0.01% Reduced -116.1k -116,061
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 15,078,75815.1m $194.2m $194.2m 0.00% Reduced -117.7k -117,736
4 Coliseum Capital Management, LLC 12.20% of their portfolio Rowayton, CT 10,273,99810.3m $132.3m $132.3m 12.20% Added +5.0m +4,980,000
5 Voss Capital, LP 9.80% of their portfolio HOUSTON, TX 9,210,5479.2m $118.6m $118.6m 9.80% Added +2.1m +2,085,547
6 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 5,389,7265.4m $69.4m $69.4m 0.01% Reduced -90.3k -90,285
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,271,1595.3m $67.9m $67.9m 0.00% Added +25.9k +25,884
8 HAWK RIDGE CAPITAL MANAGEMENT LP 2.68% of their portfolio LOS ANGELES, CA 4,609,1774.6m $59.4m $59.4m 2.68% New
9 PARADIGM CAPITAL MANAGEMENT INC/NY 2.75% of their portfolio ALBANY, NY 4,452,2004.5m $57.3m $57.3m 2.75% Added +620.2k +620,200
10 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 4,322,9574.3m $55.7m $55.7m 0.05% Reduced -4.8m -4,781,339
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,104,8554.1m $52.9m $52.9m 0.00% Reduced -7.2m -7,154,541
12 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 4,055,7964.1m $52.2m $52.2m 0.03% Added +730.9k +730,946
13 NORGES BANK 0.01% of their portfolio OSLO, Q8 3,700,2313.7m $47.7m $47.7m 0.01% Reduced -324.3k -324,282
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,326,9713.3m $42.9m $42.9m 0.00% Added +130.8k +130,781
15 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,018,0803.0m $38.9m $38.9m 0.01% Added +191.5k +191,535
16 Boston Partners 0.04% of their portfolio BOSTON, MA 2,570,3712.6m $32.8m $32.8m 0.04% Added +2.5m +2,519,739
17 First Light Asset Management, LLC 2.52% of their portfolio Edina, MN 2,552,3252.6m $32.9m $32.9m 2.52% Added +1.7m +1,736,346
18 Sea Cliff Partners Management, LP 9.02% of their portfolio SAN FRANCISCO, CA 2,131,7782.1m $27.5m $27.5m 9.02% Added +385.4k +385,445
19 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 2,017,5792.0m $26.0m $26.0m 0.07% Added +1.5m +1,451,687
20 Capital International Investors 0.00% of their portfolio Los Angeles, CA 1,821,6691.8m $23.5m $23.5m 0.00% Reduced -6.5m -6,521,530
21 Man Group plc 0.06% of their portfolio LONDON, X0 1,795,1891.8m $23.1m $23.1m 0.06% Reduced -424.0k -423,983
22 Walleye Capital LLC 0.24% of their portfolio NEW YORK, NY 1,706,1981.7m $22.0m $22.0m 0.24% Added +1.4m +1,393,200
23 P2 Capital Partners, LLC 2.38% of their portfolio New York, NY 1,565,0001.6m $20.2m $20.2m 2.38% Reduced -2.0m -1,970,294
24 Melqart Asset Management (UK) Ltd 1.44% of their portfolio London, X0 1,508,1021.5m $19.4m $19.4m 1.44% New
25 EVENTIDE ASSET MANAGEMENT, LLC 0.28% of their portfolio Boston, MA 1,375,9801.4m $17.7m $17.7m 0.28% Unchanged
26 GLENMEDE TRUST CO NA 0.09% of their portfolio PHILADELPHIA, PA 1,373,4291.4m $17.7m $17.7m 0.09% Added +95.9k +95,866
27 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,289,7861.3m $16.6m $16.6m 0.00% Reduced -267.9k -267,909
28 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 1,271,4911.3m $16.4m $16.4m 0.03% New
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,268,8111.3m $16.3m $16.3m 0.00% Added +1.1m +1,050,026
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,211,2791.2m $15.6m $15.6m 0.00% Added +18.6k +18,557
31 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 1,162,7031.2m $15.0m $15.0m 0.01% Added +168.2k +168,197
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,118,0021.1m $14.4m $14.4m 0.00% Added +97.5k +97,458
33 Portolan Capital Management, LLC 1.08% of their portfolio BOSTON, MA 1,097,6121.1m $14.1m $14.1m 1.08% Added +377.6k +377,612
34 DSC Advisors, L.P. 21.68% of their portfolio CHICAGO, IL 1,043,0001.0m $13.4m $13.4m 21.68% Added +93.0k +93,000
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,016,6731.0m $13.1m $13.1m 0.00% Reduced -599.3k -599,269
36 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 997,891997.9k $12.9m $12.9m 0.02% Reduced -1.4m -1,405,013
37 TIG Advisors, LLC 1.48% of their portfolio New York, NY 984,413984.4k $12.7m $12.7m 1.48% New
38 BW Gestao de Investimentos Ltda. 1.04% of their portfolio SAO PAULO, D5 893,896893.9k $11.5m $11.5m 1.04% New
39 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 893,338893.3k $11.5m $11.5m 0.00% Added +20.5k +20,462
40 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 865,439865.4k $11.1m $11.1m 0.01% Added +824.2k +824,239
41 Holocene Advisors, LP 0.04% of their portfolio New York, NY 825,677825.7k $10.6m $10.6m 0.04% New
42 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 738,399738.4k $9.5m $9.5m 0.01% Reduced -71.6k -71,626
43 Engine Capital Management, LP 1.79% of their portfolio NEW YORK, NY 688,236688.2k $8.9m $8.9m 1.79% New
44 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 612,757612.8k $7.9m $7.9m 0.00% Added +13.2k +13,225
45 Woodline Partners LP 0.07% of their portfolio San Francisco, CA 610,222610.2k $7.9m $7.9m 0.07% New
46 Alberta Investment Management Corp 0.07% of their portfolio EDMONTON, A0 559,214559.2k $7.2m $7.2m 0.07% Added +446.6k +446,625
47 LMR Partners LLP 0.18% of their portfolio LONDON, X0 548,980549.0k $7.1m $7.1m 0.18% New
48 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 510,341510.3k $6.6m $6.6m 0.02% Reduced -67.8k -67,822
49 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 505,234505.2k $6.5m $6.5m 0.01% Reduced -24.5k -24,494
50 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 492,646492.6k $6.3m $6.3m 0.00% Reduced -154.9k -154,885
51 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 477,557477.6k $6.2m $6.2m 0.01% Added +446.5k +446,503
52 Caisse de depot et placement du Quebec 0.01% of their portfolio Montreal, A8 440,501440.5k $5.7m $5.7m 0.01% Added +56.8k +56,800
53 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.04% of their portfolio VICTORIA, A1 440,000440.0k $5.7m $5.7m 0.04% Unchanged
54 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 436,732436.7k $5.6m $5.6m 0.00% Reduced -1.1m -1,058,939
55 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 418,915418.9k $5.4m $5.4m 0.00% Reduced -853.9k -853,887
56 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 396,830396.8k $5.7m $5.7m 0.01% Added +171.4k +171,400
57 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 380,713380.7k $4.9m $4.9m 0.02% Reduced -1.7m -1,709,445
58 ABS Direct Equity Fund LLC 4.73% of their portfolio Stamford, CT 375,000375.0k $4.8m $4.8m 4.73% Reduced -25.0k -25,000
59 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 356,851356.9k $4.6m $4.6m 0.01% Unchanged
60 Swiss National Bank 0.00% of their portfolio ZURICH, V8 330,300330.3k $4.3m $4.3m 0.00% Unchanged
61 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 320,523320.5k $4.1m $4.1m 0.01% Reduced -1.2m -1,201,893
62 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 315,551315.6k $4.1m $4.1m 0.00% Reduced -40.1k -40,149
63 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 308,208308.2k $4.0m $4.0m 0.00% Added +106.0k +106,046
64 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 307,103307.1k $4.0m $4.0m 0.00% Reduced -13.2k -13,247
65 Rock Creek Group LLC 0.40% of their portfolio Washington, DC 300,000300.0k $3.2m $3.2m 0.40% Unchanged
66 Greenland Capital Management LP 0.62% of their portfolio NEW YORK, NY 293,341293.3k $3.8m $3.8m 0.62% New
67 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 289,960290.0k $3.7m $3.7m 0.00% Added +48.9k +48,908
68 Legal & General Group Plc 0.00% of their portfolio London, X0 266,648266.6k $3.4m $3.4m 0.00% Added +13.4k +13,427
69 BARDIN HILL MANAGEMENT PARTNERS LP 1.44% of their portfolio NEW YORK, NY 264,320264.3k $3.4m $3.4m 1.44% New
70 Zimmer Partners, LP 0.07% of their portfolio NEW YORK, NY 263,798263.8k $3.4m $3.4m 0.07% New
71 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 260,506260.5k $3.4m $3.4m 0.01% Reduced -5.1k -5,113
72 Retirement Systems of Alabama 0.01% of their portfolio MONTGOMERY, AL 247,476247.5k $3.2m $3.2m 0.01% Added +856 +856
73 NATIXIS 0.02% of their portfolio PARIS, I0 223,850223.8k $2.9m $2.9m 0.02% New
74 Bridgewater Associates, LP 0.01% of their portfolio Westport, CT 215,987216.0k $2.8m $2.8m 0.01% Added +64.6k +64,624
75 SHELTON CAPITAL MANAGEMENT 0.08% of their portfolio Denver, CO 210,590210.6k $2.7m $2.7m 0.08% Reduced -7.1k -7,094
76 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 200,728200.7k $2.6m $2.6m 0.01% Reduced -34.7k -34,691
77 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 189,410189.4k $2.4m $2.4m 0.03% Reduced -370.5k -370,505
78 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 187,456187.5k $2.4m $2.4m 0.00% Reduced -21.9k -21,932
79 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 172,179172.2k $2.2m $2.2m 0.02% Added +2.1k +2,135
80 Athos Capital Ltd 2.76% of their portfolio HONG KONG, K3 172,100172.1k $2.2m $2.2m 2.76% New
81 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 171,868171.9k $2.2m $2.2m 0.00% Reduced -1.1k -1,055
82 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 168,737168.7k $2.2m $2.2m 0.03% New
83 Troluce Capital Advisors LLC 0.46% of their portfolio DORADO, PR 166,900166.9k $2.1m $2.1m 0.46% New
84 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 166,372166.4k $2.1m $2.1m 0.00% Reduced -8.3k -8,282
85 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 164,093164.1k $2.1m $2.1m 0.02% New
86 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 159,342159.3k $2.1m $2.1m 0.02% Added +53.5k +53,475
87 OXFORD ASSET MANAGEMENT LLP 2.09% of their portfolio OXFORD, X0 150,486150.5k $1.9m $1.9m 2.09% Not comparable
88 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 150,069150.1k $1.9m $1.9m 0.00% Reduced -487 -487
89 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 141,821141.8k $1.8m $1.8m 0.00% Added +1.9k +1,900
90 Eisler Capital (US) LLC 0.61% of their portfolio NEW YORK, NY 140,000140.0k $1.8m $1.8m 0.61% New
91 WCM INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio LAGUNA BEACH, CA 139,687139.7k $1.8m $1.8m 0.00% Reduced -348.0k -348,016
92 BCK CAPITAL MANAGEMENT LP 1.18% of their portfolio STAMFORD, CT 135,000135.0k $1.7m $1.7m 1.18% New
93 GABELLI & Co INVESTMENT ADVISERS, INC. 0.28% of their portfolio Rye, NY 124,550124.5k $1.6m $1.6m 0.28% New
94 Y-Intercept (Hong Kong) Ltd 0.11% of their portfolio HONG KONG, K3 117,979118.0k $1.5m $1.5m 0.11% Added +66.6k +66,626
95 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio New York, NY 117,425117.4k $1.5m $1.5m 0.02% Reduced -3.5k -3,525
96 CORNERCAP INVESTMENT COUNSEL INC 0.23% of their portfolio Atlanta, GA 116,124116.1k $1.5m $1.5m 0.23% New
97 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 114,402114.4k $1.5m $1.5m 0.00% Added +4.2k +4,170
98 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 108,546108.5k $1.4m $1.4m 0.01% Added +76.7k +76,725
99 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 107,406107.4k $1.4m $1.4m 0.01% Reduced -2.8k -2,768
100 AMALGAMATED BANK 0.01% of their portfolio NEW YORK, NY 105,294105.3k $1.4m $1.4m 0.01% Reduced -11.6k -11,612