Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
140 hedge funds and large institutions have $367M invested in Bankrate Inc in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 21 closing their positions.
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
12% more capital invested
Capital invested by funds: $327M → $367M (+$40.3M)
4% more funds holding
Funds holding: 135 → 140 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $303K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$10.5M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$10.1M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$4.77M |
| 4 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
+$2.86M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.52M |
| 3 |
Morgan Stanley
New York
|
-$3.06M |
| 4 |
ARTA
A.R.T. Advisors
New York
|
-$2.92M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$2.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Capstone Investment Advisors
New York
| – | -$184K | -24,632 | Closed |
|
|
SCM
152
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$176K | -23,482 | Closed |
|
|
PG
153
PEAK6 Group
Chicago,
Illinois
| – | -$109K | -14,593 | Closed |
|
|
BFM
154
Boothbay Fund Management
New York
| – | -$105K | -14,082 | Closed |
|
|
AIM
155
Alambic Investment Management
Belvedere,
California
| – | -$88K | -11,700 | Closed |
|
156
Nomura Holdings
Tokyo,
Japan
| – | -$77K | -10,200 | Closed |
|
|
LCM
157
Laurion Capital Management
New York
| – | -$76K | -10,100 | Closed |
|
158
Teacher Retirement System of Texas
Austin,
Texas
| – | -$58K | -7,701 | Closed |
|
|
TRCT
159
Tower Research Capital (TRC)
New York
| – | -$37K | -4,954 | Closed |
|
|
FQ
160
First Quadrant
Glendale,
California
| – | -$10K | -1,300 | Closed |
|
161
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -431 | Closed |
|
RATE Hedge Fund Activity: Q3 2016 in Review
140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q3 2016, worth a combined $367M — up 12% from $327M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new RATE positions and 21 closed out — a net gain of 5 holders — while 46 added to existing stakes and 49 trimmed.
The largest buyer was Numeric Investors, adding an estimated $10.5M. The largest seller was Fidelity Investments, cutting an estimated $18.1M.
- 140 institutional investors held Bankrate Inc (RATE) as of Q3 2016, up from 135 in Q2 2016.
- Funds reported $367M of Bankrate Inc stock for Q3 2016, up 12% quarter-over-quarter.
- 26 funds opened new Bankrate Inc positions in Q3 2016 and 21 closed out, a net change of +5 holders.
- The largest Bankrate Inc buyer in Q3 2016 was Numeric Investors, an estimated $10.5M added.
- The largest Bankrate Inc seller in Q3 2016 was Fidelity Investments, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2016.