RAVE Restaurant Group
RAVE
23 hedge funds and large institutions have $4.83M invested in RAVE Restaurant Group in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
2% less capital invested
Capital invested by funds: $4.94M → $4.83M (-$111K)
12% less funds holding
Funds holding: 26 → 23 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
+$373K |
| 2 |
EEG
E.E. Geduld
|
+$104K |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$90.4K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$72.3K |
| 5 |
Morgan Stanley
New York
|
+$34.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$384K |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$82K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$11.9K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$9.84K |
| 5 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$9.39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| – | -$8K | -1,000 | Closed |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| – | -$3K | -400 | Closed |
|
RAVE Hedge Fund Activity: Q4 2014 in Review
23 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q4 2014, worth a combined $4.83M — down 2.2% from $4.94M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RAVE and 5 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was 1492 Capital Management, opening a new position worth an estimated $373K. The largest seller was California Public Employees Retirement System, exiting entirely with an estimated $384K sold.
- 23 institutional investors held RAVE Restaurant Group (RAVE) as of Q4 2014, down from 26 in Q3 2014.
- Funds reported $4.83M of RAVE Restaurant Group stock for Q4 2014, down 2.2% quarter-over-quarter.
- 5 funds opened new RAVE Restaurant Group positions in Q4 2014 and 7 closed out, a net change of -2 holders.
- The largest RAVE Restaurant Group buyer in Q4 2014 was 1492 Capital Management, an estimated $373K added.
- The largest RAVE Restaurant Group seller in Q4 2014 was California Public Employees Retirement System, an estimated $384K sold.
Based on aggregated 13F filings for Q4 2014.