RAVE Restaurant Group
RAVE
30 hedge funds and large institutions have $7.58M invested in RAVE Restaurant Group in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 10 closing their positions.
17% less funds holding
Funds holding: 36 → 30 (-6)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
56% less capital invested
Capital invested by funds: $17.1M → $7.58M (-$9.52M)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Empirical Capital Management
Hendersonville,
Tennessee
|
+$413K |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$166K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$154K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$68.6K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$20.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$2.52M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.47M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.19M |
| 4 |
MCM
Marathon Capital Management
Hunt Valley,
Maryland
|
-$817K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$239K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
27
Allianz Asset Management
Munich,
Germany
| – | -$2.52M | -296,880 | Closed |
|
|
DCM
28
Driehaus Capital Management
Chicago,
Illinois
| – | -$2.47M | -289,360 | Closed |
|
|
EI
29
EAM Investors
Solana Beach,
California
| – | -$1.19M | -139,263 | Closed |
|
|
NIP
30
Nicholas Investment Partners
Rancho Santa Fe,
California
| – | -$190K | -22,406 | Closed |
|
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$239K | -20,064 | Closed |
|
|
EEG
32
E.E. Geduld
| – | -$115K | -13,500 | Closed |
|
33
Bank of New York Mellon
New York
| – | -$114K | -13,351 | Closed |
|
34
New York State Common Retirement Fund
Albany,
New York
| – | -$12K | -1,404 | Closed |
|
|
MTIP
35
Magee Thomson Investment Partners
San Diego,
California
| – | -$4K | -425 | Closed |
|
36
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -205 | Closed |
|
37
Citigroup
New York
| – | +$306 | +43 | New |
|
|
HW
38
Hedeker Wealth
Lincolnshire,
Illinois
| – | +$398 | +56 | New |
|
RAVE Hedge Fund Activity: Q4 2015 in Review
30 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q4 2015, worth a combined $7.58M — down 56% from $17.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of RAVE and 4 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Empirical Capital Management, adding an estimated $413K. The largest seller was Allianz Asset Management, exiting entirely with an estimated $2.52M sold.
- 30 institutional investors held RAVE Restaurant Group (RAVE) as of Q4 2015, down from 36 in Q3 2015.
- Funds reported $7.58M of RAVE Restaurant Group stock for Q4 2015, down 56% quarter-over-quarter.
- 4 funds opened new RAVE Restaurant Group positions in Q4 2015 and 10 closed out, a net change of -6 holders.
- The largest RAVE Restaurant Group buyer in Q4 2015 was Empirical Capital Management, an estimated $413K added.
- The largest RAVE Restaurant Group seller in Q4 2015 was Allianz Asset Management, an estimated $2.52M sold.
Based on aggregated 13F filings for Q4 2015.