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RAVE Restaurant Group

26 hedge funds and large institutions have $4.94M invested in RAVE Restaurant Group in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 3 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

167% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 3

30% more funds holding

Funds holding: 2026 (+6)

28% more capital invested

Capital invested by funds: $3.85M → $4.94M (+$1.09M)

Holders
26
Holders Change
+6
Holders Change %
+30%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
8
Reduced
3
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.46M +$217K +29,114 +19%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$671K
SIC
3
Salem Investment Counselors
North Carolina
$485K -$25.4K -3,400 -5%
Bank of America
4
Bank of America
North Carolina
$434K +$405K +54,288 New
California Public Employees Retirement System
5
California Public Employees Retirement System
California
$384K
HCM
6
Hodges Capital Management
Texas
$245K +$37.3K +5,000 +19%
MHP
7
Manatuck Hill Partners
Connecticut
$240K +$74.6K +10,000 +50%
BCM
8
Bares Capital Management
Texas
$212K -$746K -100,000 -79%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$187K +$10K +1,342 +6%
BIT
10
BlackRock Institutional Trust
California
$163K +$18.4K +2,465 +14%
BFA
11
BlackRock Fund Advisors
California
$140K -$9.51K -1,275 -7%
Northern Trust
12
Northern Trust
Illinois
$94K +$1.68K +225 +2%
TMC
13
Trellus Management Company
Florida
$82K +$77K +10,325 New
PFBT
14
Parkside Financial Bank & Trust
Missouri
$80K
AA
15
Apriem Advisors
California
$21K +$8.77K +1,175 +84%
Morgan Stanley
16
Morgan Stanley
New York
$9K
Barclays
17
Barclays
United Kingdom
$9K +$9.7K +1,300 New
Ameriprise
18
Ameriprise
Minnesota
$8K
BIM
19
BlackRock Investment Management
Delaware
$7K +$52 +7 +0.8%
TRCT
20
Tower Research Capital (TRC)
New York
$4K +$3.83K +513 New
WA
21
WFG Advisors
Texas
$3K
GSC
22
Ground Swell Capital
South Carolina
$3K +$2.49K +334 New
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1
SMC
24
Smith, Moore & Co
Missouri
-$70K -11,185 Closed
Citigroup
25
Citigroup
New York
+$172 +23 New

RAVE Hedge Fund Activity: Q3 2014 in Review

26 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q3 2014, worth a combined $4.94M — up 28% from $3.85M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new RAVE positions and 1 closed out — a net gain of 6 holders — while 8 added to existing stakes and 3 trimmed.

The largest buyer was Bank of America, opening a new position worth an estimated $405K. The largest seller was Bares Capital Management, cutting an estimated $746K.

  • 26 institutional investors held RAVE Restaurant Group (RAVE) as of Q3 2014, up from 20 in Q2 2014.
  • Funds reported $4.94M of RAVE Restaurant Group stock for Q3 2014, up 28% quarter-over-quarter.
  • 7 funds opened new RAVE Restaurant Group positions in Q3 2014 and 1 closed out, a net change of +6 holders.
  • The largest RAVE Restaurant Group buyer in Q3 2014 was Bank of America, an estimated $405K added.
  • The largest RAVE Restaurant Group seller in Q3 2014 was Bares Capital Management, an estimated $746K sold.

Based on aggregated 13F filings for Q3 2014.