RAVE Restaurant Group
RAVE
36 hedge funds and large institutions have $26.6M invested in RAVE Restaurant Group in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
97% more capital inflows, than outflows
Capital inflows: $5.53M | Capital outflows: $2.8M
20% more funds holding
Funds holding: 30 → 36 (+6)
2.03% more ownership
Funds ownership: 17.89% → 19.92% (+2%)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$1M |
| 2 |
Driehaus Capital Management
Chicago,
Illinois
|
+$843K |
| 3 |
Empirical Capital Management
Hendersonville,
Tennessee
|
+$743K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$638K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
| 2 |
Morgan Stanley
New York
|
-$529K |
| 3 |
EAM Investors
Solana Beach,
California
|
-$368K |
| 4 |
ICAP
Independence Capital Asset Partners
Denver,
Colorado
|
-$343K |
| 5 |
Pinnacle Associates
New York
|
-$157K |
RAVE Hedge Fund Activity: Q2 2015 in Review
36 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q2 2015, worth a combined $26.6M — up 4.1% from $25.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RAVE positions and 4 closed out — a net gain of 6 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Nicholas Investment Partners, opening a new position worth an estimated $1M. The largest seller was Wells Fargo, cutting an estimated $1.18M.
- 36 institutional investors held RAVE Restaurant Group (RAVE) as of Q2 2015, up from 30 in Q1 2015.
- Funds reported $26.6M of RAVE Restaurant Group stock for Q2 2015, up 4.1% quarter-over-quarter.
- 10 funds opened new RAVE Restaurant Group positions in Q2 2015 and 4 closed out, a net change of +6 holders.
- The largest RAVE Restaurant Group buyer in Q2 2015 was Nicholas Investment Partners, an estimated $1M added.
- The largest RAVE Restaurant Group seller in Q2 2015 was Wells Fargo, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2015.