RAVE Restaurant Group
RAVE
20 hedge funds and large institutions have $858K invested in RAVE Restaurant Group in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
1.5% less ownership
Funds ownership: 4.86% → 3.36% (-1.5%)
13% less funds holding
Funds holding: 23 → 20 (-3)
18% less capital invested
Capital invested by funds: $1.04M → $858K (-$184K)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$53.5K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$28.8K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$26K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.42K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$357 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$56K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$45K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$32K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$29.3K |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$21K |
RAVE Hedge Fund Activity: Q3 2017 in Review
20 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in RAVE Restaurant Group (RAVE) for Q3 2017, worth a combined $858K — down 18% from $1.04M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RAVE and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Creative Planning, adding an estimated $53.5K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $56K sold.
- 20 institutional investors held RAVE Restaurant Group (RAVE) as of Q3 2017, down from 23 in Q2 2017.
- Funds reported $858K of RAVE Restaurant Group stock for Q3 2017, down 18% quarter-over-quarter.
- 2 funds opened new RAVE Restaurant Group positions in Q3 2017 and 5 closed out, a net change of -3 holders.
- The largest RAVE Restaurant Group buyer in Q3 2017 was Creative Planning, an estimated $53.5K added.
- The largest RAVE Restaurant Group seller in Q3 2017 was Renaissance Technologies, an estimated $56K sold.
Based on aggregated 13F filings for Q3 2017.