Rand Capital (RAND) reported second-quarter fiscal 2026 results, with total investment income of $1.4 million, down from $1.6 million in the prior-year period. The company said the decline primarily reflected lower interest income from portfolio companies due to certain investments being placed on non-accrual status.
Rand reported net investment income of $710,000, or $0.24 per share, and net increase in net assets from operations of $1.4 million. Net asset value per share was $17.33 at June 30, 2026.
- Total investment income was $1.4 million, compared with $1.6 million in the second quarter of 2025.
- Net investment income was $710,000, or $0.24 per share, compared with $2.5 million, or $0.83 per share, a year earlier.
- Rand recorded a realized gain of $959,000 during the quarter from the exit of Applied Image.
- The company deployed $6.9 million into two new portfolio investments during the quarter.
- The investment portfolio had a fair value of $56.5 million at June 30, 2026, up from $48.5 million at Dec. 31, 2025.
- Rand declared a quarterly cash dividend of $0.29 per share for the third quarter of 2026.
$RAND Hedge Fund Activity
We have seen 1 institutional investors add shares of $RAND stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- O'SHAUGHNESSY ASSET MANAGEMENT, LLC removed 18,851 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $221,499
- RITHOLTZ WEALTH MANAGEMENT removed 11,089 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $130,295
- OSAIC HOLDINGS, INC. added 747 shares (+inf%) to their portfolio in Q1 2026, for an estimated $8,777
- UBS GROUP AG removed 424 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $4,982
- HARBOUR INVESTMENTS, INC. removed 7 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $82
- COURIER CAPITAL LLC added 0 shares (+0.0%) to their portfolio in Q2 2026, for an estimated $0
- SHUFRO ROSE & CO LLC added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
