ArcBest
ARCB
150 hedge funds and large institutions have $354M invested in ArcBest in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 56 increasing their positions, 50 reducing their positions, and 21 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 50
3.21% less ownership
Funds ownership: 87.85% → 84.64% (-3.2%)
4% less funds holding
Funds holding: 156 → 150 (-6)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
27% less capital invested
Capital invested by funds: $488M → $354M (-$134M)
84% less call options, than puts
Call options by funds: $174K | Put options by funds: $1.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$7.87M |
| 2 |
Millennium Management
New York
|
+$3.76M |
| 3 |
Two Sigma Investments
New York
|
+$2.07M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$1.56M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$5.82M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$4.98M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.57M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.75M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$3.6M |
ARCB Hedge Fund Activity: Q2 2016 in Review
150 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in ArcBest (ARCB) for Q2 2016, worth a combined $354M — down 27% from $488M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ARCB and 17 opened new positions — a net loss of 4 holders — while 50 trimmed existing stakes and 56 added.
The largest buyer was Towle & Co, adding an estimated $7.87M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $5.82M sold.
- 150 institutional investors held ArcBest (ARCB) as of Q2 2016, down from 156 in Q1 2016.
- Funds reported $354M of ArcBest stock for Q2 2016, down 27% quarter-over-quarter.
- 17 funds opened new ArcBest positions in Q2 2016 and 21 closed out, a net change of -4 holders.
- The largest ArcBest buyer in Q2 2016 was Towle & Co, an estimated $7.87M added.
- The largest ArcBest seller in Q2 2016 was Scopus Asset Management, an estimated $5.82M sold.
Based on aggregated 13F filings for Q2 2016.