Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
101 hedge funds and large institutions have $652M invested in Bankrate Inc in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 14 closing their positions.
165% more call options, than puts
Call options by funds: $2.38M | Put options by funds: $895K
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
4% less funds holding
Funds holding: 105 → 101 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
43% less capital invested
Capital invested by funds: $1.15B → $652M (-$494M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$33.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$18.5M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$18M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$10.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$80.9M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
-$24.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.59M |
| 4 |
D.E. Shaw & Co
New York
|
-$8.39M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$8.04M |
RATE Hedge Fund Activity: Q3 2014 in Review
101 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q3 2014, worth a combined $652M — down 43% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RATE and 10 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 42 added.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $33.8M. The largest seller was Wellington Management Group, cutting an estimated $80.9M.
- 101 institutional investors held Bankrate Inc (RATE) as of Q3 2014, down from 105 in Q2 2014.
- Funds reported $652M of Bankrate Inc stock for Q3 2014, down 43% quarter-over-quarter.
- 10 funds opened new Bankrate Inc positions in Q3 2014 and 14 closed out, a net change of -4 holders.
- The largest Bankrate Inc buyer in Q3 2014 was Columbia Wanger Asset Management, an estimated $33.8M added.
- The largest Bankrate Inc seller in Q3 2014 was Wellington Management Group, an estimated $80.9M sold.
Based on aggregated 13F filings for Q3 2014.