RAL ranks #1090 out of 37696 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.
GAMMA Investing LLC has added to its RAL position for two straight quarters, increasing it by $99.2K to reach $136.3K today.
RAL is down 3.2% today, but institutions show net buying of $1.3B this quarter — a divergence between today's price move and the underlying institutional flow.