ArcBest
ARCB
168 hedge funds and large institutions have $649M invested in ArcBest in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 15 closing their positions.
180% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 15
91.6% more ownership
Funds ownership: 0% → 91.6% (+92%)
58% more capital invested
Capital invested by funds: $410M → $649M (+$239M)
17% more funds holding
Funds holding: 144 → 168 (+24)
6% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 51
62% less call options, than puts
Call options by funds: $536K | Put options by funds: $1.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$14.5M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$14.5M |
| 3 |
FHAM
Folger Hill Asset Management
New York
|
+$7.73M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.53M |
| 5 |
Millennium Management
New York
|
+$5.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$11.9M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$4.46M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$4.09M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.67M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$2.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
176
Deere & Company
Moline,
Illinois
| – | -$314K | -16,535 | Closed |
|
177
UBS AM
Chicago,
Illinois
| – | -$253K | -13,300 | Closed |
|
|
OSAM
178
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$74K | -3,914 | Closed |
|
179
Envestnet Asset Management
Chicago,
Illinois
| – | -$23K | -1,193 | Closed |
|
180
Parallax Volatility Advisers
San Francisco,
California
| – | -$13K | -667 | Closed |
|
|
LTFS
181
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$2K | -86 | Closed |
|
|
CAM
182
ClariVest Asset Management
San Diego,
California
| – | -$1K | -29 | Closed |
|
|
PFBT
183
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$385 | +15 | New |
|
ARCB Hedge Fund Activity: Q4 2016 in Review
168 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in ArcBest (ARCB) for Q4 2016, worth a combined $649M — up 58% from $410M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new ARCB positions and 15 closed out — a net gain of 27 holders — while 54 added to existing stakes and 51 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $14.5M. The largest seller was State of Wisconsin Investment Board, cutting an estimated $11.9M.
- 168 institutional investors held ArcBest (ARCB) as of Q4 2016, up from 144 in Q3 2016.
- Funds reported $649M of ArcBest stock for Q4 2016, up 58% quarter-over-quarter.
- 42 funds opened new ArcBest positions in Q4 2016 and 15 closed out, a net change of +27 holders.
- The largest ArcBest buyer in Q4 2016 was JP Morgan Chase, an estimated $14.5M added.
- The largest ArcBest seller in Q4 2016 was State of Wisconsin Investment Board, an estimated $11.9M sold.
Based on aggregated 13F filings for Q4 2016.