RPT ranks #6067 out of 37501 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
RPT is a top-conviction position for Rithm Capital Corp. — at 13.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in RPT belongs to Magnetar Financial LLC, but the position matters far more to Rithm Capital Corp., who has 13.6% 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.
Royal Bank Of Canada has added to its RPT position for two straight quarters, increasing it by $263.0K to reach $278.0K today.
BlackRock has trimmed its RPT position for two straight quarters, cutting it by $3.9M while still holding $2.2M.
RPT is down 1.8% today, and institutions have been net sellers of $3.0M this quarter — today's price move and the underlying institutional flow are pointing the same direction.