Bankrate Inc
RATE
RATE was delisted on the 8th of November, 2017.
117 hedge funds and large institutions have $567M invested in Bankrate Inc in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 24 increasing their positions, 44 reducing their positions, and 38 closing their positions.
0% more capital invested
Capital invested by funds: $565M → $567M (+$1.94M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.81% less ownership
Funds ownership: 49.13% → 45.32% (-3.8%)
4% less funds holding
Funds holding: 122 → 117 (-5)
11% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 38
45% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$46.8M |
| 2 |
WIC
Water Island Capital
New York
|
+$15.6M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$12.6M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$11.4M |
| 5 |
JP Morgan Chase
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27M |
| 2 |
Millennium Management
New York
|
-$21.5M |
| 3 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$18.5M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$17.9M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$17M |
RATE Hedge Fund Activity: Q3 2017 in Review
117 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Bankrate Inc (RATE) for Q3 2017, worth a combined $567M — up 0.34% from $565M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of RATE and 34 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 24 added.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $46.8M. The largest seller was Fidelity Investments, cutting an estimated $27M.
- 117 institutional investors held Bankrate Inc (RATE) as of Q3 2017, down from 122 in Q2 2017.
- Funds reported $567M of Bankrate Inc stock for Q3 2017, up 0.34% quarter-over-quarter.
- 34 funds opened new Bankrate Inc positions in Q3 2017 and 38 closed out, a net change of -4 holders.
- The largest Bankrate Inc buyer in Q3 2017 was AQR Arbitrage, an estimated $46.8M added.
- The largest Bankrate Inc seller in Q3 2017 was Fidelity Investments, an estimated $27M sold.
Based on aggregated 13F filings for Q3 2017.