ArcBest
ARCB
158 hedge funds and large institutions have $819M invested in ArcBest in 2013 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 68 increasing their positions, 45 reducing their positions, and 20 closing their positions.
204% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $4.33M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
80% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 20
51% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 45
30% more capital invested
Capital invested by funds: $631M → $819M (+$188M)
11% more funds holding
Funds holding: 142 → 158 (+16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$14.3M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$8M |
| 3 |
TA
Teachers Advisors
New York
|
+$6.88M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$5.13M |
| 5 |
JP Morgan Chase
New York
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$19.8M |
| 2 |
Primecap Management
Pasadena,
California
|
-$16.5M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$15.4M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$10.9M |
| 5 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$6.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
176
Driehaus Capital Management
Chicago,
Illinois
| – | -$359K | -14,000 | Closed |
|
177
Parallax Volatility Advisers
San Francisco,
California
| – | -$27K | -1,063 | Closed |
|
|
ST
178
Spot Trading
Chicago,
Illinois
| – | -$1.16K | -39 | Closed |
|
|
JG
179
Jefferies Group
New York
| – | -$1K | -37 | Closed |
|
ARCB Hedge Fund Activity: Q4 2013 in Review
158 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in ArcBest (ARCB) for Q4 2013, worth a combined $819M — up 30% from $631M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ARCB positions and 20 closed out — a net gain of 16 holders — while 68 added to existing stakes and 45 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $14.3M. The largest seller was Senvest Management, exiting entirely with an estimated $19.8M sold.
- 158 institutional investors held ArcBest (ARCB) as of Q4 2013, up from 142 in Q3 2013.
- Funds reported $819M of ArcBest stock for Q4 2013, up 30% quarter-over-quarter.
- 36 funds opened new ArcBest positions in Q4 2013 and 20 closed out, a net change of +16 holders.
- The largest ArcBest buyer in Q4 2013 was Systematic Financial Management, an estimated $14.3M added.
- The largest ArcBest seller in Q4 2013 was Senvest Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q4 2013.