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RAVE Restaurant Group

20 hedge funds and large institutions have $6.27M invested in RAVE Restaurant Group in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

5% more funds holding

Funds holding: 1920 (+1)

2% less capital invested

Capital invested by funds: $6.39M → $6.27M (-$120K)

25% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 4

Holders
20
Holders Change
+1
Holders Change %
+5.26%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
3
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.2M
EI
2
EAM Investors
California
$1.14M -$7.42K -902 -0.6%
BCM
3
Bares Capital Management
Texas
$1.02M
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$681K
SIC
5
Salem Investment Counselors
North Carolina
$627K
HCM
6
Hodges Capital Management
Texas
$554K +$288K +35,000 +104%
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$395K
Geode Capital Management
8
Geode Capital Management
Massachusetts
$179K
BIT
9
BlackRock Institutional Trust
California
$146K
BFA
10
BlackRock Fund Advisors
California
$129K +$5.51K +670 +4%
Northern Trust
11
Northern Trust
Illinois
$90K
PFBT
12
Parkside Financial Bank & Trust
Missouri
$81K +$82.3K +10,000 New
TRCT
13
Tower Research Capital (TRC)
New York
$18K +$10.2K +1,239 +131%
U
14
UBS
Switzerland
$7K -$11.1K -1,351 -61%
AIG
15
American International Group
New York
$4.03K
WA
16
WFG Advisors
Texas
$3K
Bank of America
17
Bank of America
North Carolina
$3K +$2.65K +322 New
Morgan Stanley
18
Morgan Stanley
New York
$2K +$2.04K +248 New
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1 -$156 -19 -12%
PCM
20
Palisade Capital Management
New Jersey
-$468K -60,000 Closed
Wells Fargo
21
Wells Fargo
California
-$272K -33,000 -100%
Deutsche Bank
22
Deutsche Bank
Germany
-$1K -171 Closed

RAVE Hedge Fund Activity: Q4 2013 in Review

20 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q4 2013, worth a combined $6.27M — down 1.9% from $6.39M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new RAVE positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.

The largest buyer was Hodges Capital Management, adding an estimated $288K. The largest seller was Palisade Capital Management, exiting entirely with an estimated $468K sold.

  • 20 institutional investors held RAVE Restaurant Group (RAVE) as of Q4 2013, up from 19 in Q3 2013.
  • Funds reported $6.27M of RAVE Restaurant Group stock for Q4 2013, down 1.9% quarter-over-quarter.
  • 3 funds opened new RAVE Restaurant Group positions in Q4 2013 and 2 closed out, a net change of +1 holder.
  • The largest RAVE Restaurant Group buyer in Q4 2013 was Hodges Capital Management, an estimated $288K added.
  • The largest RAVE Restaurant Group seller in Q4 2013 was Palisade Capital Management, an estimated $468K sold.

Based on aggregated 13F filings for Q4 2013.