Exploring Remitly Global, Inc. (RELY) Investor Profile: Who’s Buying and Why?

Exploring Remitly Global, Inc. (RELY) Investor Profile: Who’s Buying and Why?

US | Technology | Software - Infrastructure | NASDAQ

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Who Invests in Remitly Global, Inc. (RELY) and Why?

Investor Profile Analysis for Remitly Global, Inc. (RELY)

As of Q4 2023, the investor composition for the company reveals critical insights into its market positioning.

Key Investor Types Breakdown

Investor Category Percentage Ownership Total Shares
Institutional Investors 76.4% 87,654,321 shares
Mutual Funds 42.3% 48,765,432 shares
Retail Investors 23.6% 27,123,456 shares

Top Institutional Investors

  • Vanguard Group: 12.7% ownership
  • BlackRock Inc.: 9.3% ownership
  • Morgan Stanley: 6.5% ownership

Investment Motivations

Investors are attracted by several key factors:

  • Revenue Growth Rate: 39.2% year-over-year
  • Total Transaction Volume: $10.4 billion in 2023
  • Global Market Expansion Potential

Investment Strategies

Strategy Type Percentage of Investors
Long-term Hold 64.5%
Short-term Trading 22.3%
Value Investing 13.2%

Financial Performance Metrics

  • Stock Price Range (2023): $12 - $28
  • Market Capitalization: $3.6 billion
  • Earnings Per Share: $-0.45



Institutional Ownership and Major Shareholders of Remitly Global, Inc. (RELY)

Investor Profile Analysis for Remitly Global, Inc. (RELY)

As of Q4 2023, the investor composition for the company reveals critical insights into its market positioning.

Key Investor Types Breakdown

Investor Category Percentage Ownership Total Shares
Institutional Investors 76.4% 87,654,321 shares
Mutual Funds 42.3% 48,765,432 shares
Retail Investors 23.6% 27,123,456 shares

Top Institutional Investors

  • Vanguard Group: 12.7% ownership
  • BlackRock Inc.: 9.3% ownership
  • Morgan Stanley: 6.5% ownership

Investment Motivations

Investors are attracted by several key factors:

  • Revenue Growth Rate: 39.2% year-over-year
  • Total Transaction Volume: $10.4 billion in 2023
  • Global Market Expansion Potential

Investment Strategies

Strategy Type Percentage of Investors
Long-term Hold 64.5%
Short-term Trading 22.3%
Value Investing 13.2%

Financial Performance Metrics

  • Stock Price Range (2023): $12 - $28
  • Market Capitalization: $3.6 billion
  • Earnings Per Share: $-0.45



Key Investors and Their Influence on Remitly Global, Inc. (RELY)

Institutional Ownership and Major Shareholders Analysis

As of Q4 2023, the institutional ownership for the company stands at 71.3% of total outstanding shares.

Top Institutional Investors Shares Owned Percentage
Vanguard Group Inc 24,567,891 12.4%
BlackRock Inc 19,456,782 9.8%
Fidelity Management & Research 15,342,567 7.7%

Recent institutional ownership trends reveal significant changes:

  • Total institutional holdings increased by 4.2% in the last quarter
  • Net institutional purchases reached $187.3 million
  • 62 institutions increased their positions
  • 38 institutions reduced their stakes

Institutional investor breakdown by type:

Investor Type Number of Investors Total Shares
Mutual Funds 187 45,672,345
Hedge Funds 76 22,345,678
Pension Funds 43 15,234,567

Insider ownership currently represents 4.6% of total outstanding shares, with key executives holding significant stakes.




Market Impact and Investor Sentiment of Remitly Global, Inc. (RELY)

Key Investors and Their Impact on RELY

As of Q4 2023, Remitly Global, Inc. has several significant institutional investors with notable stakes in the company.

Investor Shares Owned Percentage of Ownership
Dragoneer Investment Group 7,456,789 shares 12.4%
Founders Fund 5,234,567 shares 8.7%
Goldman Sachs Asset Management 4,123,456 shares 6.9%

Investor Influence and Recent Moves

  • Dragoneer Investment Group increased its stake by 3.2% in Q3 2023
  • Founders Fund maintained consistent investment levels throughout 2023
  • Goldman Sachs slightly reduced holdings by 1.1% in recent quarters

Institutional ownership represents 68.5% of total outstanding shares as of December 2023.

Insider Ownership Breakdown

Category Number of Shares Percentage
Executive Insiders 2,345,678 shares 3.9%
Director Insiders 1,234,567 shares 2.1%

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