Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
88 hedge funds and large institutions have $799M invested in Bankrate Inc in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 21 closing their positions.
2,194% more call options, than puts
Call options by funds: $26.8M | Put options by funds: $1.17M
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
5% less funds holding
Funds holding: 93 → 88 (-5)
13% less capital invested
Capital invested by funds: $914M → $799M (-$115M)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$114M |
| 2 |
Jennison Associates
New York
|
+$37.3M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$13.6M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$10.7M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$95.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$31.6M |
| 3 |
CCI
Columbus Circle Investors
|
-$17.8M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$11.6M |
| 5 |
SC
Sureview Capital
Greenwich,
Connecticut
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPM
101
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$720K | -35,000 | Closed |
|
102
ProShare Advisors
Bethesda,
Maryland
| – | -$604K | -29,371 | Closed |
|
103
Los Angeles Capital Management
Los Angeles,
California
| – | -$389K | -18,900 | Closed |
|
104
TD Asset Management
Toronto,
Ontario, Canada
| – | -$387K | -18,800 | Closed |
|
|
RFC
105
Russell Frank Company
Seattle,
Washington
| – | -$253K | -13,580 | Closed |
|
|
SCA
106
SAC Capital Advisors
Stamford,
Connecticut
| – | -$255K | -12,407 | Closed |
|
107
SG Americas Securities
New York
| – | -$170K | -8,278 | Closed |
|
|
PCM
108
Prelude Capital Management
New York
| – | -$133K | -6,450 | Closed |
|
109
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$21K | -1,004 | Closed |
|
RATE Hedge Fund Activity: Q4 2013 in Review
88 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q4 2013, worth a combined $799M — down 13% from $914M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RATE and 16 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 34 added.
The largest buyer was Wellington Management Group, adding an estimated $114M. The largest seller was T. Rowe Price Associates, cutting an estimated $95.8M.
- 88 institutional investors held Bankrate Inc (RATE) as of Q4 2013, down from 93 in Q3 2013.
- Funds reported $799M of Bankrate Inc stock for Q4 2013, down 13% quarter-over-quarter.
- 16 funds opened new Bankrate Inc positions in Q4 2013 and 21 closed out, a net change of -5 holders.
- The largest Bankrate Inc buyer in Q4 2013 was Wellington Management Group, an estimated $114M added.
- The largest Bankrate Inc seller in Q4 2013 was T. Rowe Price Associates, an estimated $95.8M sold.
Based on aggregated 13F filings for Q4 2013.