Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
100 hedge funds and large institutions have $622M invested in Bankrate Inc in 2015 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 36 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 36
4% less funds holding
Funds holding: 104 → 100 (-4)
6% less capital invested
Capital invested by funds: $663M → $622M (-$40.8M)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
91% less call options, than puts
Call options by funds: $42K | Put options by funds: $479K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$42.5M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$12.6M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$9.13M |
| 4 |
CA
Continental Advisors
Park City,
Utah
|
+$7.27M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$6.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$34.7M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
-$21.3M |
| 3 |
DCM
Daruma Capital Management
New York
|
-$21M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$15M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$7.72M |
RATE Hedge Fund Activity: Q2 2015 in Review
100 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q2 2015, worth a combined $622M — down 6.2% from $663M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RATE and 16 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 37 added.
The largest buyer was Kohlberg Kravis Roberts & Co, opening a new position worth an estimated $42.5M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $34.7M.
- 100 institutional investors held Bankrate Inc (RATE) as of Q2 2015, down from 104 in Q1 2015.
- Funds reported $622M of Bankrate Inc stock for Q2 2015, down 6.2% quarter-over-quarter.
- 16 funds opened new Bankrate Inc positions in Q2 2015 and 18 closed out, a net change of -2 holders.
- The largest Bankrate Inc buyer in Q2 2015 was Kohlberg Kravis Roberts & Co, an estimated $42.5M added.
- The largest Bankrate Inc seller in Q2 2015 was Manulife (Manufacturers Life Insurance), an estimated $34.7M sold.
Based on aggregated 13F filings for Q2 2015.