Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
134 hedge funds and large institutions have $471M invested in Bankrate Inc in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 52 reducing their positions, and 22 closing their positions.
28% more capital invested
Capital invested by funds: $367M → $471M (+$104M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 52
4% less funds holding
Funds holding: 140 → 134 (-6)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
+$6.72M |
| 2 |
JP Morgan Chase
New York
|
+$3.69M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$3.62M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$3.62M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$13.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.55M |
| 3 |
Renaissance Technologies
New York
|
-$4.97M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$3.78M |
| 5 |
SIM
Spark Investment Management
New York
|
-$3.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWCI
151
Alpine Woods Capital Investors
Purchase,
New York
| – | -$85K | -10,000 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$90.3K | -9,545 | Closed |
|
|
PCM
153
Prelude Capital Management
New York
| – | -$54K | -6,414 | Closed |
|
|
QT
154
Quantbot Technologies
New York
| – | -$12K | -1,525 | Closed |
|
155
Group One Trading
Chicago,
Illinois
| – | -$13K | -1,500 | Closed |
|
|
CPA
156
Cowen Prime Advisors
New York
| – | -$8K | -1,000 | Closed |
|
RATE Hedge Fund Activity: Q4 2016 in Review
134 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q4 2016, worth a combined $471M — up 28% from $367M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RATE and 18 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 51 added.
The largest buyer was Teachers Advisors, adding an estimated $6.72M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $13.5M sold.
- 134 institutional investors held Bankrate Inc (RATE) as of Q4 2016, down from 140 in Q3 2016.
- Funds reported $471M of Bankrate Inc stock for Q4 2016, up 28% quarter-over-quarter.
- 18 funds opened new Bankrate Inc positions in Q4 2016 and 22 closed out, a net change of -4 holders.
- The largest Bankrate Inc buyer in Q4 2016 was Teachers Advisors, an estimated $6.72M added.
- The largest Bankrate Inc seller in Q4 2016 was Neuberger Berman Group, an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2016.