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RAVE Restaurant Group

30 hedge funds and large institutions have $25.5M invested in RAVE Restaurant Group in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

428% more capital invested

Capital invested by funds: $4.83M → $25.5M (+$20.7M)

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

30% more funds holding

Funds holding: 2330 (+7)

Holders
30
Holders Change
+7
Holders Change %
+30.43%
% of All Funds
0.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
7
Reduced
5
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
1
Allianz Asset Management
Germany
$4.09M +$3.55M +292,835 New
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.14M +$382K +31,511 +16%
DCM
3
Driehaus Capital Management
Illinois
$2.6M +$2.26M +186,575 New
TAM
4
THB Asset Management
Connecticut
$2.6M +$2.26M +186,046 New
EI
5
EAM Investors
California
$2.57M +$2.23M +183,880 New
ECM
6
Empirical Capital Management
Tennessee
$2.02M +$1.75M +144,429 New
MCM
7
Marathon Capital Management
Maryland
$1.83M +$1.59M +131,250 New
Wells Fargo
8
Wells Fargo
California
$1.24M +$1.08M +88,954 +8,895,400%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$1.17M
SIC
10
Salem Investment Counselors
North Carolina
$812K -$13.3K -1,100 -2%
1CM
11
1492 Capital Management
Wisconsin
$693K -$49K -4,038 -8%
Morgan Stanley
12
Morgan Stanley
New York
$670K +$507K +41,840 +679%
ICAP
13
Independence Capital Asset Partners
Colorado
$343K +$298K +24,600 New
EEG
14
E.E. Geduld
$279K +$60.6K +5,000 +33%
BIT
15
BlackRock Institutional Trust
California
$265K
BFA
16
BlackRock Fund Advisors
California
$247K -$14.5K -1,200 -6%
Renaissance Technologies
17
Renaissance Technologies
New York
$195K +$170K +14,000 New
Northern Trust
18
Northern Trust
Illinois
$183K +$36.6K +3,021 +30%
PP
19
PDT Partners
New York
$159K +$138K +11,400 New
PA
20
Pinnacle Associates
New York
$157K +$136K +11,250 New
PFBT
21
Parkside Financial Bank & Trust
Missouri
$140K
AA
22
Apriem Advisors
California
$36K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$28K +$315 +26 +1%
BIM
24
BlackRock Investment Management
Delaware
$14K +$982 +81 +9%
UBS Group
25
UBS Group
Switzerland
$13K -$13K -1,075 -53%

RAVE Hedge Fund Activity: Q1 2015 in Review

30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q1 2015, worth a combined $25.5M — up 428% from $4.83M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new RAVE positions and 6 closed out — a net gain of 7 holders — while 7 added to existing stakes and 5 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $3.55M. The largest seller was Bank of America, exiting entirely with an estimated $385K sold.

  • 30 institutional investors held RAVE Restaurant Group (RAVE) as of Q1 2015, up from 23 in Q4 2014.
  • Funds reported $25.5M of RAVE Restaurant Group stock for Q1 2015, up 428% quarter-over-quarter.
  • 13 funds opened new RAVE Restaurant Group positions in Q1 2015 and 6 closed out, a net change of +7 holders.
  • The largest RAVE Restaurant Group buyer in Q1 2015 was Allianz Asset Management, an estimated $3.55M added.
  • The largest RAVE Restaurant Group seller in Q1 2015 was Bank of America, an estimated $385K sold.

Based on aggregated 13F filings for Q1 2015.