NYSE · RWT

Redwood Trust Inc

Closing price · Nov 13, 2026 $2.91
Last insider buy price $4.12 Paid by Chief Legal Officer Andrew Stone on Sep 21, 2026 (Form 4). Not today's price.

Latest quarter · ended Sep 30, 2026

Cash got weaker

descriptionFiled Nov 9, 2026
Cash from operationsWorse
−$3.31B
Quarter ended Dec 31, 2024: −$854M cash from operationsQuarter ended Mar 31, 2025: −$1.95B cash from operationsQuarter ended Jun 30, 2025: −$2.11B cash from operationsQuarter ended Sep 30, 2025: −$2.67B cash from operationsQuarter ended Dec 31, 2025: −$3.36B cash from operationsQuarter ended Mar 31, 2026: −$4.51B cash from operationsQuarter ended Jun 30, 2026: −$3.75B cash from operationsQuarter ended Sep 30, 2026: −$3.31B cash from operations
Dec '24Sep '26
vs. −$2.67B a year ago
Share countBuying back
−7.9%
Quarter ended Dec 31, 2024: 132.86M sharesQuarter ended Mar 31, 2025: 133.12M sharesQuarter ended Jun 30, 2025: 129.22M sharesQuarter ended Sep 30, 2025: 126.68M sharesQuarter ended Dec 31, 2025: 124.99M sharesQuarter ended Mar 31, 2026: 125.22M sharesQuarter ended Jun 30, 2026: 125.61M sharesQuarter ended Sep 30, 2026: 116.63M shares
Dec '24Sep '26
116.63M shares vs. 126.68M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Buying Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 +40
  • account_balance
    2 funds bought, 3 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
  • info
    No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

232 funds report owning RWT, RWTS, RWTQ, RWTO or RWTN, down from 239

Holdings as of Jun 30, 2026
New37
Added75
Held66
Trimmed54
Sold out44

Last quarter

Who bought and who sold

Apr–Jun 2026

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovOption exercise · Dec 24 · $288KOption exercise · Dec 24 · $132KOption exercise · Dec 24 · $360K · 3 peopleOption exercise · Apr 14 · $307KOption exercise · Apr 14 · $115KOption exercise · Apr 14 · $221K · 3 peopleOption exercise · May 1 · $139KOption exercise · May 26 · $438K · 4 peopleOption exercise · Jun 26 · $34.3KOption exercise · Jun 30 · $24.2KOption exercise · Nov 2 · $32.5KOpen-market buy · Sep 15 · $384KOpen-market buy · Sep 15 · $100KOpen-market buy · Sep 15 · $192KOpen-market buy · Sep 16 · $252KOpen-market buy · Sep 21 · $40.6K · 2 people
CEOCFOOther officersDirectorsJunJulAugSepOctNovOption exercise · Jun 26 · $34.3KOption exercise · Jun 30 · $24.2KOption exercise · Nov 2 · $32.5KOpen-market buy · Sep 15 · $384KOpen-market buy · Sep 15 · $100KOpen-market buy · Sep 15 · $192KOpen-market buy · Sep 16 · $252KOpen-market buy · Sep 21 · $40.6K · 2 people

Last 6 months. A wider screen shows 12.

Showing 6 real trades. Hidden: 18 option exercises. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Sep 21 Andrew Stone Chief Legal Officer Open-market buy $20.6K 5,000 sh at $4.12
Sep 21 Sasha Macomber Chief Human Resource Officer Open-market buy $20K 4,895 sh at $4.08
Sep 16 Dashiell Robinson President, Director Open-market buy $252K 63,211 sh at $3.98
Sep 15 Christopher Abate CEO, Director Open-market buy $384K 100,000 sh at $3.84
Sep 15 Greg Kubicek Director Open-market buy $192K 50,000 sh at $3.85
Sep 15 Brooke Carillo CFO Open-market buy $100K 26,065 sh at $3.85

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Big bets

Funds with a big share of their money in RWT, RWTS, RWTQ, RWTO or RWTN

As of Jun 30, 2026
FundOf fundOwnsValueChange
X Advisors, LLC5%0.3%$1.96MNew

Funds that hold 150 stocks or fewer, where this stock is 3% or more of what they reported. "Of fund" is its share of the fund's 13F value.

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast