Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
121 hedge funds and large institutions have $432M invested in Bankrate Inc in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 27 reducing their positions, and 23 closing their positions.
303% more call options, than puts
Call options by funds: $2.05M | Put options by funds: $509K
107% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 27
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
3% more funds holding
Funds holding: 117 → 121 (+4)
37% less capital invested
Capital invested by funds: $688M → $432M (-$256M)
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$30.9M |
| 2 |
1WCM
12 West Capital Management
New York
|
+$14.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.69M |
| 5 |
Renaissance Technologies
New York
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$67.6M |
| 2 |
PPCP
Pivot Point Capital Partners
San Francisco,
California
|
-$26.9M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$17.6M |
| 4 |
CCI
Columbus Circle Investors
|
-$13M |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$10.6M |
RATE Hedge Fund Activity: Q1 2016 in Review
121 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q1 2016, worth a combined $432M — down 37% from $688M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RATE positions and 23 closed out — a net gain of 5 holders — while 56 added to existing stakes and 27 trimmed.
The largest buyer was Raging Capital Management, adding an estimated $30.9M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $67.6M.
- 121 institutional investors held Bankrate Inc (RATE) as of Q1 2016, up from 117 in Q4 2015.
- Funds reported $432M of Bankrate Inc stock for Q1 2016, down 37% quarter-over-quarter.
- 28 funds opened new Bankrate Inc positions in Q1 2016 and 23 closed out, a net change of +5 holders.
- The largest Bankrate Inc buyer in Q1 2016 was Raging Capital Management, an estimated $30.9M added.
- The largest Bankrate Inc seller in Q1 2016 was Columbia Wanger Asset Management, an estimated $67.6M sold.
Based on aggregated 13F filings for Q1 2016.