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RAVE Restaurant Group

19 hedge funds and large institutions have $6.39M invested in RAVE Restaurant Group in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 1

64% more capital invested

Capital invested by funds: $3.89M → $6.39M (+$2.5M)

46% more funds holding

Funds holding: 1319 (+6)

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

Holders
19
Holders Change
+6
Holders Change %
+46.15%
% of All Funds
0.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
2
Reduced
5
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.14M +$140K +20,213 +16%
EI
2
EAM Investors
California
$1.09M -$36.7K -5,320 -4%
BCM
3
Bares Capital Management
Texas
$987K
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$650K -$6.9K -1,000 -1%
SIC
5
Salem Investment Counselors
North Carolina
$606K +$537K +77,750 New
PCM
6
Palisade Capital Management
New Jersey
$468K +$414K +60,000 New
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$373K
HCM
8
Hodges Capital Management
Texas
$263K +$233K +33,700 New
Wells Fargo
9
Wells Fargo
California
$257K -$145K -21,000 -39%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$172K
BIT
11
BlackRock Institutional Trust
California
$141K -$118K -17,054 -48%
BFA
12
BlackRock Fund Advisors
California
$120K +$8.32K +1,206 +8%
Northern Trust
13
Northern Trust
Illinois
$87K
U
14
UBS
Switzerland
$17K -$37.8K -5,473 -71%
TRCT
15
Tower Research Capital (TRC)
New York
$7K +$6.55K +949 New
AIG
16
American International Group
New York
$3.9K +$3.45K +500 New
WA
17
WFG Advisors
Texas
$3K
Deutsche Bank
18
Deutsche Bank
Germany
$1K +$1.18K +171 New
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1 +$1.1K +159 New
Bank of America
20
Bank of America
North Carolina
-$2K -349 Closed

RAVE Hedge Fund Activity: Q3 2013 in Review

19 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q3 2013, worth a combined $6.39M — up 64% from $3.89M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new RAVE positions and 1 closed out — a net gain of 6 holders — while 2 added to existing stakes and 5 trimmed.

The largest buyer was Salem Investment Counselors, opening a new position worth an estimated $537K. The largest seller was Wells Fargo, cutting an estimated $145K.

  • 19 institutional investors held RAVE Restaurant Group (RAVE) as of Q3 2013, up from 13 in Q2 2013.
  • Funds reported $6.39M of RAVE Restaurant Group stock for Q3 2013, up 64% quarter-over-quarter.
  • 7 funds opened new RAVE Restaurant Group positions in Q3 2013 and 1 closed out, a net change of +6 holders.
  • The largest RAVE Restaurant Group buyer in Q3 2013 was Salem Investment Counselors, an estimated $537K added.
  • The largest RAVE Restaurant Group seller in Q3 2013 was Wells Fargo, an estimated $145K sold.

Based on aggregated 13F filings for Q3 2013.