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RB Global

190 hedge funds and large institutions have $3.48B invested in RB Global in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 80 increasing their positions, 61 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 14

31% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 61

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

8% more funds holding

Funds holding: 176190 (+14)

3.38% more ownership

Funds ownership: 103.08%106.46% (+3.4%)

3% less capital invested

Capital invested by funds: $3.59B → $3.48B (-$105M)

78% less call options, than puts

Call options by funds: $105K | Put options by funds: $488K

Holders
190
Holders Change
+14
Holders Change %
+7.95%
% of All Funds
4.31%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.16%
New
29
Increased
80
Reduced
61
Closed
14
Calls
$105K
Puts
$488K
Net Calls
-$383K
Net Calls Change
+$100K
Name Holding Trade Value Shares
Change
Change in
Stake
VFA
26
Virtus Fund Advisers
Connecticut
$27.8M +$26M +928,946 New
NEI
27
Northwest & Ethical Investments
Ontario, Canada
$27.3M -$8.88M -317,061 -26%
GPGA
28
Grandeur Peak Global Advisors
Utah
$25.7M +$5.6M +200,025 +30%
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$25M -$5.67M -202,529 -19%
Fidelity Investments
30
Fidelity Investments
Massachusetts
$23.2M +$5.17M +184,800 +31%
Canada Life
31
Canada Life
Manitoba, Canada
$21.3M -$316K -11,303 -2%
Bank of Montreal
32
Bank of Montreal
Ontario, Canada
$20M +$5.15M +183,850 +38%
IFP
33
Independent Franchise Partners
United Kingdom
$18.3M +$17.2M +613,084 New
Morgan Stanley
34
Morgan Stanley
New York
$17.6M +$4.67M +166,936 +40%
CCM
35
Copeland Capital Management
Pennsylvania
$16.6M -$402K -14,344 -3%
Russell Investments Group
36
Russell Investments Group
United Kingdom
$16.2M -$2.5M -89,285 -14%
Public Sector Pension Investment Board (PSP Investments)
37
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$15.5M -$2.2M -78,500 -13%
State Street
38
State Street
Massachusetts
$15M +$14M +499,872 New
Manulife (Manufacturers Life Insurance)
39
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$14.6M +$2.45M +87,496 +22%
AWM
40
Ashmore Wealth Management
Delaware
$14.3M +$1.34M +47,703 +11%
Principal Financial Group
41
Principal Financial Group
Iowa
$14.3M +$4.84M +172,918 +57%
NA
42
Neuburgh Advisers
California
$13.8M -$35.2K -1,258 -0.3%
CAM
43
Capco Asset Management
Florida
$13.5M -$16.1K -575 -0.1%
KTA
44
Keeley-Teton Advisors
Illinois
$13.2M -$1.09M -38,955 -8%
PCM
45
Palisade Capital Management
New Jersey
$11.6M +$4.04M +144,340 +60%
FCM
46
Flinton Capital Management
Pennsylvania
$11.3M -$29K -1,036 -0.3%
Mitsubishi UFJ Trust & Banking
47
Mitsubishi UFJ Trust & Banking
Japan
$11.1M +$619K +22,100 +6%
PM
48
Pembroke Management
Quebec, Canada
$10.4M -$479K -17,100 -5%
NPF
49
Norris Perne & French
Michigan
$10.2M +$481K +17,165 +5%
CI
50
Cambiar Investors
Colorado
$9.89M -$2.03M -72,500 -18%

RBA Hedge Fund Activity: Q4 2017 in Review

190 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q4 2017, worth a combined $3.48B — down 2.9% from $3.59B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new RBA positions and 14 closed out — a net gain of 15 holders — while 80 added to existing stakes and 61 trimmed.

The largest buyer was Burgundy Asset Management, adding an estimated $46.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $70.2M.

  • 190 institutional investors held RB Global (RBA) as of Q4 2017, up from 176 in Q3 2017.
  • Funds reported $3.48B of RB Global stock for Q4 2017, down 2.9% quarter-over-quarter.
  • 29 funds opened new RB Global positions in Q4 2017 and 14 closed out, a net change of +15 holders.
  • The largest RB Global buyer in Q4 2017 was Burgundy Asset Management, an estimated $46.9M added.
  • The largest RB Global seller in Q4 2017 was T. Rowe Price Associates, an estimated $70.2M sold.

Based on aggregated 13F filings for Q4 2017.