Vault-13

R1 RCM INC

COM · Common Stock · CUSIP 77634L105 · ISIN US77634L1052

268 institutional holders +11 vs Q1 2024
244,740,886244.7m shares reported held*
$3.1bnreported value*
45 new 93 added 85 reduced 35 sold out net sold ≈ $19.1m (-1.6m 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 ($681.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.56. Options: 8 managers hold calls ($2.4m notional), 11 hold puts ($78.4m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 244Q4 22: 232Q1 23: 232Q2 23: 224Q3 23: 224Q4 23: 255Q1 24: 257Q2 24: 268268Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022244
Q4 2022232
Q1 2023232
Q2 2023224
Q3 2023224
Q4 2023255
Q1 2024257
Q2 2024268

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 outQ2 23: 104 bought or addedQ2 23: 123 cut or sold outQ2 23Q3 23: 124 bought or addedQ3 23: 87 cut or sold outQ4 23: 141 bought or addedQ4 23: 126 cut or sold outQ4 23Q1 24: 134 bought or addedQ1 24: 153 cut or sold outQ2 24: 138 bought or addedQ2 24: 120 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022153117
Q1 2023122116
Q2 2023104123
Q3 202312487
Q4 2023141126
Q1 2024134153
Q2 2024138120

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 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 3.11Q2 24 calls: $2.4mQ2 24 puts: $78.4mQ2 24P/C 32.56
Numbers
QuarterCallsPutsP/C
Q3 2023$8.4m$10.3m1.22
Q4 2023$846.1k$660.1k0.78
Q1 2024$3.1m$9.7m3.11
Q2 2024$2.4m$78.4m32.56

Biggest buyers

P2 Capital Partners, LLC Added +3,835,000+3.8m
Melqart Asset Management (UK) Ltd Added +3,317,403+3.3m
Empyrean Capital Partners, LP New +2,100,000+2.1m
HAWK RIDGE CAPITAL MANAGEMENT LP Added +1,670,659+1.7m
TUDOR INVESTMENT CORP ET AL Added +986,263+986.3k
Boussard & Gavaudan Investment Management LLP New +840,811+840.8k
Engine Capital Management, LP Added +660,428+660.4k
Crestline Management, L.P. New +650,000+650.0k
Troluce Capital Advisors LLC Added +623,655+623.7k
Hudson Bay Capital Management LP Added +597,342+597.3k

Biggest sellers

MORGAN STANLEY Reduced -2,622,426-2.6m
Voss Capital, LP Reduced -2,502,159-2.5m
CITADEL ADVISORS LLC Reduced -2,126,767-2.1m
NORGES BANK Reduced -1,874,197-1.9m
Capital International Investors Sold out -1,821,669-1.8m
Man Group plc Reduced -1,536,705-1.5m
Walleye Capital LLC Reduced -1,138,108-1.1m
Portolan Capital Management, LLC Sold out -1,097,612-1.1m
Bank of New York Mellon Corp Reduced -857,370-857.4k
Balyasny Asset Management L.P. Reduced -688,113-688.1k

Biggest calls

GROUP ONE TRADING LLC Added $704.6k56.1k shares
WOLVERINE TRADING, LLC Reduced $703.4k56.0k shares
FIFTH LANE CAPITAL, LP New $489.8k39.0k shares
CITADEL ADVISORS LLC Reduced $231.1k18.4k shares
JANE STREET GROUP, LLC Reduced $174.6k13.9k shares
SIMPLEX TRADING, LLC Reduced $61.0k4.9k shares
HAP Trading, LLC Added $44.8k100.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

P2 Capital Partners, LLC New $67.8m5.4m shares
Centiva Capital, LP Added $4.5m356.9k shares
NOMURA HOLDINGS INC New $3.1m250.0k shares
HAP Trading, LLC New $1.1m5.4m shares
GROUP ONE TRADING LLC Added $881.7k70.2k shares
Parallax Volatility Advisers, L.P. New $586.6k46.7k shares
FIFTH LANE CAPITAL, LP Reduced $292.6k23.3k shares
CITADEL ADVISORS LLC Reduced $90.4k7.2k shares
SIMPLEX TRADING, LLC Reduced $89.0k7.1k shares
PEAK6 Investments LLC Reduced $1.3k100 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 New Mountain Capital, L.L.C. 80.08% of their portfolio New York, NY 94,981,63695.0m $1.2bn $1.2bn 80.08% Added +572.9k +572,856
2 BlackRock Inc. 0.00% of their portfolio New York, NY 16,486,53916.5m $207.1m $207.1m 0.00% Reduced -182.1k -182,067
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 14,930,39214.9m $187.5m $187.5m 0.00% Reduced -148.4k -148,366
4 Coliseum Capital Management, LLC 11.51% of their portfolio Rowayton, CT 10,283,99810.3m $129.2m $129.2m 11.51% Added +10.0k +10,000
5 Voss Capital, LP 8.42% of their portfolio HOUSTON, TX 6,708,3886.7m $84.3m $84.3m 8.42% Reduced -2.5m -2,502,159
6 HAWK RIDGE CAPITAL MANAGEMENT LP 3.39% of their portfolio LOS ANGELES, CA 6,279,8366.3m $78.9m $78.9m 3.39% Added +1.7m +1,670,659
7 P2 Capital Partners, LLC 8.08% of their portfolio New York, NY 5,400,0005.4m $67.8m $67.8m 8.08% Added +3.8m +3,835,000
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,384,8645.4m $67.6m $67.6m 0.00% Added +113.7k +113,705
9 Melqart Asset Management (UK) Ltd 5.69% of their portfolio London, X0 4,825,5054.8m $60.6m $60.6m 5.69% Added +3.3m +3,317,403
10 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 4,532,3564.5m $56.9m $56.9m 0.01% Reduced -857.4k -857,370
11 PARADIGM CAPITAL MANAGEMENT INC/NY 2.55% of their portfolio ALBANY, NY 4,452,2004.5m $55.9m $55.9m 2.55% Unchanged
12 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 3,731,3373.7m $46.9m $46.9m 0.03% Reduced -324.5k -324,459
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,425,9303.4m $43.0m $43.0m 0.00% Added +99.0k +98,959
14 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,154,8883.2m $39.6m $39.6m 0.01% Added +136.8k +136,808
15 First Light Asset Management, LLC 2.71% of their portfolio Edina, MN 2,464,8092.5m $31.0m $31.0m 2.71% Reduced -87.5k -87,516
16 Boston Partners 0.04% of their portfolio BOSTON, MA 2,462,6322.5m $30.9m $30.9m 0.04% Reduced -107.7k -107,739
17 Sea Cliff Partners Management, LP 10.48% of their portfolio SAN FRANCISCO, CA 2,437,4502.4m $30.6m $30.6m 10.48% Added +305.7k +305,672
18 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 2,196,1902.2m $27.6m $27.6m 0.03% Reduced -2.1m -2,126,767
19 Empyrean Capital Partners, LP 1.60% of their portfolio LOS ANGELES, CA 2,100,0002.1m $26.4m $26.4m 1.60% New
20 NORGES BANK 0.00% of their portfolio OSLO, Q8 1,826,0341.8m $22.9m $22.9m 0.00% Reduced -1.9m -1,874,197
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,482,4291.5m $18.6m $18.6m 0.00% Reduced -2.6m -2,622,426
22 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,399,3571.4m $17.6m $17.6m 0.00% Added +109.6k +109,571
23 GLENMEDE TRUST CO NA 0.09% of their portfolio PHILADELPHIA, PA 1,381,6121.4m $17.4m $17.4m 0.09% Added +8.2k +8,183
24 EVENTIDE ASSET MANAGEMENT, LLC 0.30% of their portfolio Boston, MA 1,375,9801.4m $17.3m $17.3m 0.30% Unchanged
25 Engine Capital Management, LP 3.17% of their portfolio NEW YORK, NY 1,348,6641.3m $16.9m $16.9m 3.17% Added +660.4k +660,428
26 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 1,343,0341.3m $16.9m $16.9m 0.03% Added +71.5k +71,543
27 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 1,329,4661.3m $16.7m $16.7m 0.04% Reduced -688.1k -688,113
28 TIG Advisors, LLC 1.34% of their portfolio New York, NY 1,295,5361.3m $16.3m $16.3m 1.34% Added +311.1k +311,123
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,251,3501.3m $15.7m $15.7m 0.00% Reduced -17.5k -17,461
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,244,5221.2m $15.6m $15.6m 0.00% Added +33.2k +33,243
31 TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio STAMFORD, CT 1,155,0001.2m $14.5m $14.5m 0.16% Added +986.3k +986,263
32 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 1,140,4041.1m $14.3m $14.3m 0.01% Reduced -22.3k -22,299
33 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,059,1671.1m $13.3m $13.3m 0.00% Added +165.8k +165,829
34 BW Gestao de Investimentos Ltda. 1.70% of their portfolio SAO PAULO, D5 1,027,2201.0m $12.9m $12.9m 1.70% Added +133.3k +133,324
35 Alberta Investment Management Corp 0.12% of their portfolio EDMONTON, A0 932,116932.1k $11.7m $11.7m 0.12% Added +372.9k +372,902
36 LMR Partners LLP 0.24% of their portfolio LONDON, X0 883,260883.3k $11.1m $11.1m 0.24% Added +334.3k +334,280
37 Boussard & Gavaudan Investment Management LLP 1.68% of their portfolio London, X0 840,811840.8k $10.5m $10.5m 1.68% New
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 833,993834.0k $10.5m $10.5m 0.00% Reduced -182.7k -182,680
39 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 805,555805.6k $10.1m $10.1m 0.01% Reduced -59.9k -59,884
40 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 791,515791.5k $9.9m $9.9m 0.02% Reduced -206.4k -206,376
41 Troluce Capital Advisors LLC 2.07% of their portfolio DORADO, PR 790,555790.6k $9.9m $9.9m 2.07% Added +623.7k +623,655
42 Woodline Partners LP 0.08% of their portfolio San Francisco, CA 691,442691.4k $8.7m $8.7m 0.08% Added +81.2k +81,220
43 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 656,392656.4k $8.2m $8.2m 0.00% Reduced -82.0k -82,007
44 Hudson Bay Capital Management LP 0.06% of their portfolio STAMFORD, CT 655,572655.6k $8.2m $8.2m 0.06% Added +597.3k +597,342
45 Crestline Management, L.P. 0.64% of their portfolio FORT WORTH, TX 650,000650.0k $8.2m $8.2m 0.64% New
46 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 627,387627.4k $7.9m $7.9m 0.01% Added +554.7k +554,671
47 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 607,174607.2k $7.6m $7.6m 0.00% Reduced -5.6k -5,583
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 600,616600.6k $7.5m $7.5m 0.00% Reduced -517.4k -517,386
49 Walleye Capital LLC 0.07% of their portfolio NEW YORK, NY 568,090568.1k $7.1m $7.1m 0.07% Reduced -1.1m -1,138,108
50 DSC Advisors, L.P. 23.58% of their portfolio CHICAGO, IL 562,687562.7k $7.1m $7.1m 23.58% Reduced -480.3k -480,313
51 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 543,579543.6k $6.8m $6.8m 0.02% Added +33.2k +33,238
52 BARDIN HILL MANAGEMENT PARTNERS LP 3.57% of their portfolio NEW YORK, NY 525,211525.2k $6.6m $6.6m 3.57% Added +260.9k +260,891
53 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 523,501523.5k $6.6m $6.6m 0.00% Added +30.9k +30,855
54 Davidson Kempner Capital Management LP 0.11% of their portfolio New York, NY 519,935519.9k $6.5m $6.5m 0.11% Not comparable
55 Zimmer Partners, LP 0.12% of their portfolio NEW YORK, NY 500,000500.0k $6.3m $6.3m 0.12% Added +236.2k +236,202
56 Holocene Advisors, LP 0.03% of their portfolio New York, NY 498,802498.8k $6.3m $6.3m 0.03% Reduced -326.9k -326,875
57 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 491,543491.5k $6.2m $6.2m 0.01% Reduced -13.7k -13,691
58 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 471,060471.1k $5.9m $5.9m 0.01% Reduced -6.5k -6,497
59 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 457,907457.9k $5.8m $5.8m 0.00% Added +21.2k +21,175
60 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 453,432453.4k $5.7m $5.7m 0.00% Added +34.5k +34,517
61 ABS Direct Equity Fund LLC 5.29% of their portfolio Stamford, CT 375,000375.0k $4.7m $4.7m 5.29% Unchanged
62 Centiva Capital, LP 0.22% of their portfolio New York, NY 365,000365.0k $4.6m $4.6m 0.22% Added +288.2k +288,249
63 Swiss National Bank 0.00% of their portfolio ZURICH, V8 330,300330.3k $4.1m $4.1m 0.00% Unchanged
64 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 288,263288.3k $3.6m $3.6m 0.00% Reduced -19.9k -19,945
65 Phocas Financial Corp. 0.41% of their portfolio ALAMEDA, CA 284,723284.7k $3.6m $3.6m 0.41% New
66 Polar Asset Management Partners Inc. 0.09% of their portfolio TORONTO, A6 276,400276.4k $3.5m $3.5m 0.09% New
67 Legal & General Group Plc 0.00% of their portfolio London, X0 271,562271.6k $3.4m $3.4m 0.00% Added +4.9k +4,914
68 Caisse de depot et placement du Quebec 0.01% of their portfolio Montreal, A8 264,700264.7k $3.3m $3.3m 0.01% Reduced -175.8k -175,801
69 Man Group plc 0.01% of their portfolio LONDON, X0 258,484258.5k $3.2m $3.2m 0.01% Reduced -1.5m -1,536,705
70 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 258,010258.0k $3.2m $3.2m 0.00% Reduced -31.9k -31,950
71 Weiss Asset Management LP 0.15% of their portfolio BOSTON, MA 255,129255.1k $3.2m $3.2m 0.15% New
72 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 252,618252.6k $3.2m $3.2m 0.02% Added +93.3k +93,276
73 Corebridge Financial, Inc. 0.02% of their portfolio HOUSTON, TX 250,116250.1k $3.1m $3.1m 0.02% First filing
74 Retirement Systems of Alabama 0.01% of their portfolio MONTGOMERY, AL 244,368244.4k $3.1m $3.1m 0.01% Reduced -3.1k -3,108
75 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 226,793226.8k $2.8m $2.8m 0.02% Added +118.2k +118,247
76 Rock Creek Group LLC 0.38% of their portfolio Washington, DC 225,000225.0k $2.8m $2.8m 0.38% Reduced -75.0k -75,000
77 NATIXIS 0.02% of their portfolio PARIS, I0 223,850223.8k $2.8m $2.8m 0.02% Unchanged
78 Athos Capital Ltd 1.62% of their portfolio HONG KONG, K3 222,100222.1k $2.8m $2.8m 1.62% Added +50.0k +50,000
79 SHELTON CAPITAL MANAGEMENT 0.08% of their portfolio Denver, CO 218,691218.7k $2.7m $2.7m 0.08% Added +8.1k +8,101
80 Pentwater Capital Management LP 0.05% of their portfolio Naples, FL 200,000200.0k $2.5m $2.5m 0.05% New
81 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 188,888188.9k $2.4m $2.4m 0.01% Added +38.8k +38,819
82 Eisler Capital (US) LLC 0.43% of their portfolio NEW YORK, NY 181,306181.3k $2.3m $2.3m 0.43% Added +41.3k +41,306
83 Aberdeen Group plc 0.00% of their portfolio EDINBURGH, X0 179,278179.3k $2.3m $2.3m 0.00% Reduced -177.6k -177,573
84 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 169,722169.7k $2.1m $2.1m 0.00% Reduced -2.1k -2,146
85 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 163,364163.4k $2.1m $2.1m 0.00% Reduced -3.0k -3,008
86 Lane Generational LLC 2.32% of their portfolio Palm Beach, FL 156,243156.2k $2.0m $2.0m 2.32% Added +59.2k +59,155
87 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 155,643155.6k $2.0m $2.0m 0.01% Reduced -8.4k -8,450
88 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 144,398144.4k $1.8m $1.8m 0.01% Reduced -56.3k -56,330
89 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 141,821141.8k $1.8m $1.8m 0.00% Unchanged
90 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 140,424140.4k $1.8m $1.8m 0.01% Reduced -240.3k -240,289
91 WCM INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio LAGUNA BEACH, CA 139,838139.8k $1.7m $1.7m 0.00% Added +151 +151
92 NINE MASTS CAPITAL Ltd 0.50% of their portfolio CENTRAL, K3 130,813130.8k $1.6m $1.6m 0.50% Added +115.5k +115,513
93 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 130,530130.5k $1.6m $1.6m 0.00% Added +36.6k +36,630
94 GABELLI & Co INVESTMENT ADVISERS, INC. 0.27% of their portfolio Rye, NY 126,913126.9k $1.6m $1.6m 0.27% Added +2.4k +2,363
95 Carlson Capital, L.P. 0.24% of their portfolio DALLAS, TX 123,100123.1k $1.5m $1.5m 0.24% New
96 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 122,518122.5k $1.5m $1.5m 0.00% Added +8.1k +8,116
97 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 114,933114.9k $1.4m $1.4m 0.00% First filing
98 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio New York, NY 113,360113.4k $1.4m $1.4m 0.02% Reduced -4.1k -4,065
99 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 108,804108.8k $1.4m $1.4m 0.00% Added +11.0k +11,011
100 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 103,521103.5k $1.3m $1.3m 0.01% Reduced -3.9k -3,885