ArcBest
ARCB
159 hedge funds and large institutions have $586M invested in ArcBest in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 25 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 54
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
3.63% less ownership
Funds ownership: 91.6% → 87.96% (-3.6%)
5% less funds holding
Funds holding: 168 → 159 (-9)
10% less capital invested
Capital invested by funds: $649M → $586M (-$63.7M)
49% less call options, than puts
Call options by funds: $890K | Put options by funds: $1.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$97.2M |
| 2 |
Bank of New York Mellon
New York
|
+$9.13M |
| 3 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
+$5.6M |
| 4 |
MCM
Matarin Capital Management
New York
|
+$5.07M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$18.2M |
| 2 |
FHAM
Folger Hill Asset Management
New York
|
-$8.47M |
| 3 |
Renaissance Technologies
New York
|
-$5.85M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$4.97M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.96M |
ARCB Hedge Fund Activity: Q1 2017 in Review
159 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in ArcBest (ARCB) for Q1 2017, worth a combined $586M — down 9.8% from $649M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ARCB and 23 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 60 added.
The largest buyer was BlackRock, adding an estimated $97.2M. The largest seller was State of Wisconsin Investment Board, exiting entirely with an estimated $18.2M sold.
- 159 institutional investors held ArcBest (ARCB) as of Q1 2017, down from 168 in Q4 2016.
- Funds reported $586M of ArcBest stock for Q1 2017, down 9.8% quarter-over-quarter.
- 23 funds opened new ArcBest positions in Q1 2017 and 25 closed out, a net change of -2 holders.
- The largest ArcBest buyer in Q1 2017 was BlackRock, an estimated $97.2M added.
- The largest ArcBest seller in Q1 2017 was State of Wisconsin Investment Board, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2017.