RDVT ranks #3304 out of 37501 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.
JPMorgan has added to its RDVT position for two straight quarters, increasing it by $4.0M to reach $5.3M today.
Paul Tudor Jones has trimmed its RDVT position for two straight quarters, cutting it by $3.5M while still holding $958.8K.
RDVT is up 1.8% today, and institutions have been net buyers of $37.7M this quarter — today's price move and the underlying institutional flow are pointing the same direction.