ArcBest
ARCB
176 hedge funds and large institutions have $700M invested in ArcBest in 2020 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 37 increasing their positions, 78 reducing their positions, and 13 closing their positions.
162% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 13
16% more capital invested
Capital invested by funds: $603M → $700M (+$97.8M)
13% more funds holding
Funds holding: 156 → 176 (+20)
8% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.42M
1.38% less ownership
Funds ownership: 89.96% → 88.58% (-1.4%)
53% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.3M |
| 2 |
Goldman Sachs
New York
|
+$7.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.44M |
| 4 |
Renaissance Technologies
New York
|
+$3.42M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.91M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.89M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$6.63M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.17M |
| 5 |
BlackRock
New York
|
-$3.73M |
ARCB Hedge Fund Activity: Q3 2020 in Review
176 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in ArcBest (ARCB) for Q3 2020, worth a combined $700M — up 16% from $603M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ARCB positions and 13 closed out — a net gain of 21 holders — while 37 added to existing stakes and 78 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $16.3M. The largest seller was JP Morgan Chase, cutting an estimated $9.91M.
- 176 institutional investors held ArcBest (ARCB) as of Q3 2020, up from 156 in Q2 2020.
- Funds reported $700M of ArcBest stock for Q3 2020, up 16% quarter-over-quarter.
- 34 funds opened new ArcBest positions in Q3 2020 and 13 closed out, a net change of +21 holders.
- The largest ArcBest buyer in Q3 2020 was Fidelity Investments, an estimated $16.3M added.
- The largest ArcBest seller in Q3 2020 was JP Morgan Chase, an estimated $9.91M sold.
Based on aggregated 13F filings for Q3 2020.