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RAVE Restaurant Group

30 hedge funds and large institutions have $7.58M invested in RAVE Restaurant Group in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% less funds holding

Funds holding: 3630 (-6)

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

56% less capital invested

Capital invested by funds: $17.1M → $7.58M (-$9.52M)

60% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 10

Holders
30
Holders Change
-6
Holders Change %
-16.67%
% of All Funds
0.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
6
Reduced
10
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
1
Empirical Capital Management
Tennessee
$2.06M +$413K +58,060 +22%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.78M +$154K +21,649 +8%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$426K -$61.9K -8,702 -12%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$409K +$775 +109 +237%
HCM
5
Hodges Capital Management
Texas
$383K -$35.6K -5,000 -8%
Renaissance Technologies
6
Renaissance Technologies
New York
$351K -$74K -10,400 -16%
SIC
7
Salem Investment Counselors
North Carolina
$343K -$27.7K -3,900 -7%
California Public Employees Retirement System
8
California Public Employees Retirement System
California
$307K
1CM
9
1492 Capital Management
Wisconsin
$297K -$30.6K -4,303 -8%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$265K +$20.2K +2,837 +7%
Deutsche Bank
11
Deutsche Bank
Germany
$224K -$197K -27,752 -44%
OAM
12
Oxford Asset Management
United Kingdom
$135K +$166K +23,332 New
BIT
13
BlackRock Institutional Trust
California
$130K
BFA
14
BlackRock Fund Advisors
California
$130K +$5.41K +761 +4%
Northern Trust
15
Northern Trust
Illinois
$82K
MCM
16
Marathon Capital Management
Maryland
$76K -$817K -114,900 -91%
Bank of America
17
Bank of America
North Carolina
$66K +$68.6K +9,651 +1,487%
PFBT
18
Parkside Financial Bank & Trust
Missouri
$64K
AA
19
Apriem Advisors
California
$16K
IA
20
IFP Advisors
Florida
$16K +$18.2K +2,565 New
Morgan Stanley
21
Morgan Stanley
New York
$10K -$132K -18,562 -93%
BIM
22
BlackRock Investment Management
Delaware
$7K
TRCT
23
Tower Research Capital (TRC)
New York
$3K -$23.9K -3,357 -88%
UBS Group
24
UBS Group
Switzerland
$2K -$12.8K -1,804 -86%
NSIM
25
North Star Investment Management
Illinois
$2K

RAVE Hedge Fund Activity: Q4 2015 in Review

30 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q4 2015, worth a combined $7.58M — down 56% from $17.1M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of RAVE and 4 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 6 added.

The largest buyer was Empirical Capital Management, adding an estimated $413K. The largest seller was Allianz Asset Management, exiting entirely with an estimated $2.52M sold.

  • 30 institutional investors held RAVE Restaurant Group (RAVE) as of Q4 2015, down from 36 in Q3 2015.
  • Funds reported $7.58M of RAVE Restaurant Group stock for Q4 2015, down 56% quarter-over-quarter.
  • 4 funds opened new RAVE Restaurant Group positions in Q4 2015 and 10 closed out, a net change of -6 holders.
  • The largest RAVE Restaurant Group buyer in Q4 2015 was Empirical Capital Management, an estimated $413K added.
  • The largest RAVE Restaurant Group seller in Q4 2015 was Allianz Asset Management, an estimated $2.52M sold.

Based on aggregated 13F filings for Q4 2015.