RAL ranks #1089 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
RAL is a disclosed holding of Israel Englander (Millennium Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.
RAL is a top-conviction position for Irenic Capital Management LP — at 6.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in RAL belongs to BlackRock, Inc., but the position matters far more to Irenic Capital Management LP, who has 6.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
California State Teachers Retirement System has added to its RAL position for two straight quarters, increasing it by $121.7M to reach $127.1M today.
Jain Global LLC has trimmed its RAL position for two straight quarters, cutting it by $36.2M while still holding $872.9K.
RAL is up 3.6% today, and institutions have been net buyers of $1.3B this quarter — today's price move and the underlying institutional flow are pointing the same direction.