RAVE Restaurant Group
RAVE
30 hedge funds and large institutions have $25.5M invested in RAVE Restaurant Group in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
428% more capital invested
Capital invested by funds: $4.83M → $25.5M (+$20.7M)
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
30% more funds holding
Funds holding: 23 → 30 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$3.55M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.26M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.26M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$2.23M |
| 5 |
ECM
Empirical Capital Management
Hendersonville,
Tennessee
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$385K |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$310K |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$213K |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
-$188K |
| 5 |
BCCM
Blue Clay Capital Management
Minneapolis,
Minnesota
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $9K | -$4.32K | -356 | -36% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $6K | +$4.85K | +400 | New |
|
|
MTIP
28
Magee Thomson Investment Partners
San Diego,
California
| $4K | +$3.52K | +290 | New |
|
29
Creative Planning
Overland Park,
Kansas
| $1K | +$461 | +38 | New |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2 | – | – | – |
|
|
31
Bank of America
Charlotte,
North Carolina
| – | -$385K | -54,288 | Closed |
|
|
HCM
32
Hodges Capital Management
Dallas,
Texas
| – | -$310K | -43,700 | Closed |
|
|
MHP
33
Manatuck Hill Partners
Westport,
Connecticut
| – | -$213K | -30,000 | Closed |
|
|
BCM
34
Bares Capital Management
Austin,
Texas
| – | -$188K | -26,530 | Closed |
|
|
BCCM
35
Blue Clay Capital Management
Minneapolis,
Minnesota
| – | -$178K | -25,000 | Closed |
|
36
Geode Capital Management
Boston,
Massachusetts
| – | -$166K | -23,511 | Closed |
|
RAVE Hedge Fund Activity: Q1 2015 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q1 2015, worth a combined $25.5M — up 428% from $4.83M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RAVE positions and 6 closed out — a net gain of 7 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $3.55M. The largest seller was Bank of America, exiting entirely with an estimated $385K sold.
- 30 institutional investors held RAVE Restaurant Group (RAVE) as of Q1 2015, up from 23 in Q4 2014.
- Funds reported $25.5M of RAVE Restaurant Group stock for Q1 2015, up 428% quarter-over-quarter.
- 13 funds opened new RAVE Restaurant Group positions in Q1 2015 and 6 closed out, a net change of +7 holders.
- The largest RAVE Restaurant Group buyer in Q1 2015 was Allianz Asset Management, an estimated $3.55M added.
- The largest RAVE Restaurant Group seller in Q1 2015 was Bank of America, an estimated $385K sold.
Based on aggregated 13F filings for Q1 2015.