RAVE Restaurant Group
RAVE
23 hedge funds and large institutions have $3.1M invested in RAVE Restaurant Group in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 8 closing their positions.
23% less funds holding
Funds holding: 30 → 23 (-7)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
59% less capital invested
Capital invested by funds: $7.58M → $3.1M (-$4.48M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$122K |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$104K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$94.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$33.4K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$383K |
| 2 |
Renaissance Technologies
New York
|
-$351K |
| 3 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$343K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$183K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$135K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$2.27K | -411 | -88% |
|
27
Citigroup
New York
| – | -$55 | -10 | -23% |
|
RAVE Hedge Fund Activity: Q1 2016 in Review
23 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q1 2016, worth a combined $3.1M — down 59% from $7.58M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RAVE and 2 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Vanguard Group, adding an estimated $122K. The largest seller was Hodges Capital Management, exiting entirely with an estimated $383K sold.
- 23 institutional investors held RAVE Restaurant Group (RAVE) as of Q1 2016, down from 30 in Q4 2015.
- Funds reported $3.1M of RAVE Restaurant Group stock for Q1 2016, down 59% quarter-over-quarter.
- 2 funds opened new RAVE Restaurant Group positions in Q1 2016 and 8 closed out, a net change of -6 holders.
- The largest RAVE Restaurant Group buyer in Q1 2016 was Vanguard Group, an estimated $122K added.
- The largest RAVE Restaurant Group seller in Q1 2016 was Hodges Capital Management, an estimated $383K sold.
Based on aggregated 13F filings for Q1 2016.