Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
122 hedge funds and large institutions have $565M invested in Bankrate Inc in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 53 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more capital invested
Capital invested by funds: $427M → $565M (+$138M)
11% more call options, than puts
Call options by funds: $740K | Put options by funds: $664K
13% less funds holding
Funds holding: 141 → 122 (-19)
28% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 53
61% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$11.3M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$9.8M |
| 3 |
Millennium Management
New York
|
+$8.35M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.54M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$7.29M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.94M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.51M |
| 4 |
SIM
Spark Investment Management
New York
|
-$2.83M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$2.72M |
RATE Hedge Fund Activity: Q2 2017 in Review
122 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q2 2017, worth a combined $565M — up 32% from $427M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of RATE and 12 opened new positions — a net loss of 19 holders — while 53 trimmed existing stakes and 38 added.
The largest buyer was Norges Bank, adding an estimated $11.3M. The largest seller was Teachers Advisors, cutting an estimated $7.29M.
- 122 institutional investors held Bankrate Inc (RATE) as of Q2 2017, down from 141 in Q1 2017.
- Funds reported $565M of Bankrate Inc stock for Q2 2017, up 32% quarter-over-quarter.
- 12 funds opened new Bankrate Inc positions in Q2 2017 and 31 closed out, a net change of -19 holders.
- The largest Bankrate Inc buyer in Q2 2017 was Norges Bank, an estimated $11.3M added.
- The largest Bankrate Inc seller in Q2 2017 was Teachers Advisors, an estimated $7.29M sold.
Based on aggregated 13F filings for Q2 2017.