Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
117 hedge funds and large institutions have $688M invested in Bankrate Inc in 2015 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 47 increasing their positions, 30 reducing their positions, and 15 closing their positions.
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
57% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 30
17% more capital invested
Capital invested by funds: $588M → $688M (+$100M)
11% more funds holding
Funds holding: 105 → 117 (+12)
97% less call options, than puts
Call options by funds: $30K | Put options by funds: $1.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
+$12.9M |
| 2 |
CC
Clearline Capital
New York
|
+$7.01M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.93M |
| 4 |
Renaissance Technologies
New York
|
+$5.27M |
| 5 |
TCM
TCS Capital Management
New York
|
+$5.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$39.1M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$33.7M |
| 3 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
-$13M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.51M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$4.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Prudential Financial
Newark,
New Jersey
| – | -$973K | -93,995 | Closed |
|
|
ST
127
Spot Trading
Chicago,
Illinois
| – | -$951K | -91,869 | Closed |
|
|
DCM
128
Dupont Capital Management
Wilmington,
Delaware
| – | -$603K | -58,229 | Closed |
|
|
NCCM
129
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$374K | -36,100 | Closed |
|
130
Group One Trading
Chicago,
Illinois
| – | -$135K | -13,068 | Closed |
|
|
BFM
131
Boothbay Fund Management
New York
| – | -$105K | -10,157 | Closed |
|
132
Barclays
London,
United Kingdom
| – | -$6K | -660 | Closed |
|
RATE Hedge Fund Activity: Q4 2015 in Review
117 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q4 2015, worth a combined $688M — up 17% from $588M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new RATE positions and 15 closed out — a net gain of 12 holders — while 47 added to existing stakes and 30 trimmed.
The largest buyer was Columbus Circle Investors, opening a new position worth an estimated $12.9M. The largest seller was Kohlberg Kravis Roberts & Co, exiting entirely with an estimated $39.1M sold.
- 117 institutional investors held Bankrate Inc (RATE) as of Q4 2015, up from 105 in Q3 2015.
- Funds reported $688M of Bankrate Inc stock for Q4 2015, up 17% quarter-over-quarter.
- 27 funds opened new Bankrate Inc positions in Q4 2015 and 15 closed out, a net change of +12 holders.
- The largest Bankrate Inc buyer in Q4 2015 was Columbus Circle Investors, an estimated $12.9M added.
- The largest Bankrate Inc seller in Q4 2015 was Kohlberg Kravis Roberts & Co, an estimated $39.1M sold.
Based on aggregated 13F filings for Q4 2015.