Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
104 hedge funds and large institutions have $663M invested in Bankrate Inc in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
73% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 26
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
5% more funds holding
Funds holding: 99 → 104 (+5)
7% less capital invested
Capital invested by funds: $713M → $663M (-$49.7M)
11% less call options, than puts
Call options by funds: $25K | Put options by funds: $28K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$29.8M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$25.7M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$12.5M |
| 4 |
DCM
Daruma Capital Management
New York
|
+$11M |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$6.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$61.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$32.6M |
| 3 |
Jennison Associates
New York
|
-$20.5M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
-$20.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.3M |
RATE Hedge Fund Activity: Q1 2015 in Review
104 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q1 2015, worth a combined $663M — down 7% from $713M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RATE positions and 11 closed out — a net gain of 5 holders — while 45 added to existing stakes and 26 trimmed.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $29.8M. The largest seller was Wellington Management Group, exiting entirely with an estimated $61.4M sold.
- 104 institutional investors held Bankrate Inc (RATE) as of Q1 2015, up from 99 in Q4 2014.
- Funds reported $663M of Bankrate Inc stock for Q1 2015, down 7% quarter-over-quarter.
- 16 funds opened new Bankrate Inc positions in Q1 2015 and 11 closed out, a net change of +5 holders.
- The largest Bankrate Inc buyer in Q1 2015 was Columbia Wanger Asset Management, an estimated $29.8M added.
- The largest Bankrate Inc seller in Q1 2015 was Wellington Management Group, an estimated $61.4M sold.
Based on aggregated 13F filings for Q1 2015.