RAVE Restaurant Group
RAVE
36 hedge funds and large institutions have $17.1M invested in RAVE Restaurant Group in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding
Funds holding: 36 → 36 (0)
0.51% less ownership
Funds ownership: 19.92% → 19.41% (-0.51%)
18% less capital inflows, than outflows
Capital inflows: $3.66M | Capital outflows: $4.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hodges Capital Management
Dallas,
Texas
|
+$735K |
| 2 |
Empirical Capital Management
Hendersonville,
Tennessee
|
+$719K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$712K |
| 4 |
Renaissance Technologies
New York
|
+$591K |
| 5 |
Driehaus Capital Management
Chicago,
Illinois
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.39M |
| 2 |
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$599K |
| 3 |
PDT Partners
New York
|
-$335K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$250K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$239K |
RAVE Hedge Fund Activity: Q3 2015 in Review
36 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q3 2015, worth a combined $17.1M — down 36% from $26.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RAVE positions and 5 closed out — a net gain of 1 holder — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Hodges Capital Management, opening a new position worth an estimated $735K. The largest seller was THB Asset Management, exiting entirely with an estimated $2.39M sold.
- 36 institutional investors held RAVE Restaurant Group (RAVE) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $17.1M of RAVE Restaurant Group stock for Q3 2015, down 36% quarter-over-quarter.
- 6 funds opened new RAVE Restaurant Group positions in Q3 2015 and 5 closed out, a net change of +1 holder.
- The largest RAVE Restaurant Group buyer in Q3 2015 was Hodges Capital Management, an estimated $735K added.
- The largest RAVE Restaurant Group seller in Q3 2015 was THB Asset Management, an estimated $2.39M sold.
Based on aggregated 13F filings for Q3 2015.