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RAVE Restaurant Group

19 hedge funds and large institutions have $3.52M invested in RAVE Restaurant Group in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

5% less funds holding

Funds holding: 2019 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

44% less capital invested

Capital invested by funds: $6.27M → $3.52M (-$2.76M)

Holders
19
Holders Change
-1
Holders Change %
-5%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
4
Reduced
3
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$929K +$42.1K +6,300 +4%
BCM
2
Bares Capital Management
Texas
$764K
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$507K
SIC
4
Salem Investment Counselors
North Carolina
$466K -$4.01K -600 -0.8%
California Public Employees Retirement System
5
California Public Employees Retirement System
California
$281K
Geode Capital Management
6
Geode Capital Management
Massachusetts
$133K
BFA
7
BlackRock Fund Advisors
California
$110K +$14.8K +2,211 +14%
BIT
8
BlackRock Institutional Trust
California
$108K -$1.43K -214 -1%
Northern Trust
9
Northern Trust
Illinois
$69K +$1.43K +214 +2%
PFBT
10
Parkside Financial Bank & Trust
Missouri
$60K
MHP
11
Manatuck Hill Partners
Connecticut
$60K +$66.9K +10,000 New
TRCT
12
Tower Research Capital (TRC)
New York
$7K -$6.64K -993 -45%
Morgan Stanley
13
Morgan Stanley
New York
$7K +$6.29K +940 +379%
Barclays
14
Barclays
United Kingdom
$7K +$7.36K +1,100 New
Ameriprise
15
Ameriprise
Minnesota
$6K +$6.69K +1,000 New
WA
16
WFG Advisors
Texas
$2K
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1
EI
18
EAM Investors
California
-$1.14M -140,343 Closed
HCM
19
Hodges Capital Management
Texas
-$554K -68,700 Closed
U
20
UBS
Switzerland
-$7K -879 Closed
AIG
21
American International Group
New York
-$4.03K -500 Closed
Bank of America
22
Bank of America
North Carolina
-$3K -322 Closed
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
+$7 +1 New

RAVE Hedge Fund Activity: Q1 2014 in Review

19 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q1 2014, worth a combined $3.52M — down 44% from $6.27M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of RAVE and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.

The largest buyer was Manatuck Hill Partners, opening a new position worth an estimated $66.9K. The largest seller was EAM Investors, exiting entirely with an estimated $1.14M sold.

  • 19 institutional investors held RAVE Restaurant Group (RAVE) as of Q1 2014, down from 20 in Q4 2013.
  • Funds reported $3.52M of RAVE Restaurant Group stock for Q1 2014, down 44% quarter-over-quarter.
  • 4 funds opened new RAVE Restaurant Group positions in Q1 2014 and 5 closed out, a net change of -1 holder.
  • The largest RAVE Restaurant Group buyer in Q1 2014 was Manatuck Hill Partners, an estimated $66.9K added.
  • The largest RAVE Restaurant Group seller in Q1 2014 was EAM Investors, an estimated $1.14M sold.

Based on aggregated 13F filings for Q1 2014.