Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
106 hedge funds and large institutions have $999M invested in Bankrate Inc in 2014 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 44 increasing their positions, 19 reducing their positions, and 15 closing their positions.
132% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 19
127% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more call options, than puts
Call options by funds: $2.53M | Put options by funds: $1.87M
25% more capital invested
Capital invested by funds: $799M → $999M (+$200M)
20% more funds holding
Funds holding: 88 → 106 (+18)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$64.2M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
+$60.2M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
+$43.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.7M |
| 5 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
-$31.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$22.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$15.9M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$9.21M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$4.93M |
RATE Hedge Fund Activity: Q1 2014 in Review
106 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q1 2014, worth a combined $999M — up 25% from $799M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RATE positions and 15 closed out — a net gain of 19 holders — while 44 added to existing stakes and 19 trimmed.
The largest buyer was Daruma Capital Management, opening a new position worth an estimated $64.2M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $31.8M sold.
- 106 institutional investors held Bankrate Inc (RATE) as of Q1 2014, up from 88 in Q4 2013.
- Funds reported $999M of Bankrate Inc stock for Q1 2014, up 25% quarter-over-quarter.
- 34 funds opened new Bankrate Inc positions in Q1 2014 and 15 closed out, a net change of +19 holders.
- The largest Bankrate Inc buyer in Q1 2014 was Daruma Capital Management, an estimated $64.2M added.
- The largest Bankrate Inc seller in Q1 2014 was Columbus Circle Investors, an estimated $31.8M sold.
Based on aggregated 13F filings for Q1 2014.