RDVT ranks #3301 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
RDVT is a top-conviction position for Trigran Investments, Inc. — at 7.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in RDVT belongs to BlackRock, Inc., but the position matters far more to Trigran Investments, Inc., who has 7.0% 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.
Wasatch Advisors LP has added to its RDVT position for two straight quarters, increasing it by $57.4M to reach $89.0M today.
RDVT is down 4.1% today, but institutions show net buying of $37.7M this quarter — a divergence between today's price move and the underlying institutional flow.