RB Global
140 hedge funds and large institutions have $2.59B invested in RB Global in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 51 reducing their positions, and 25 closing their positions.
542% more call options, than puts
Call options by funds: $591K | Put options by funds: $92K
5% more capital invested
Capital invested by funds: $2.46B → $2.59B (+$123M)
4% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 51
0.51% less ownership
Funds ownership: 100.38% → 99.87% (-0.51%)
10% less funds holding
Funds holding: 155 → 140 (-15)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$100M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$9.65M |
| 4 |
RA
Royce & Associates
New York
|
+$7.89M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$43.6M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$21.7M |
| 3 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$13.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.6M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Jane Street
New York
| – | -$475K | -20,700 | Closed |
|
152
Arrowstreet Capital
Boston,
Massachusetts
| – | -$416K | -18,137 | Closed |
|
|
VKH
153
Virtu KCG Holdings
New York
| – | -$381K | -16,619 | Closed |
|
154
M&T Bank
Buffalo,
New York
| – | -$329K | -14,340 | Closed |
|
155
State Street
Boston,
Massachusetts
| – | -$303K | -13,200 | Closed |
|
|
CMANY
156
Capital Management Associates (New York)
New York
| – | -$300K | -13,100 | Closed |
|
|
GCP
157
GSA Capital Partners
London,
United Kingdom
| – | -$266K | -11,610 | Closed |
|
|
DC
158
Deere & Company
Moline,
Illinois
| – | -$251K | -10,940 | Closed |
|
|
SBH
159
Segall Bryant & Hamill
Chicago,
Illinois
| – | -$216K | -9,400 | Closed |
|
160
Asset Management One
Tokyo,
Japan
| – | -$170K | -7,400 | Closed |
|
|
CK
161
Carnick & Kubik
Colorado Springs,
Colorado
| – | -$89.4K | -3,900 | Closed |
|
162
Group One Trading
Chicago,
Illinois
| – | -$27K | -1,186 | Closed |
|
163
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$25K | -1,095 | Closed |
|
|
ASN
164
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -205 | Closed |
|
RBA Hedge Fund Activity: Q1 2014 in Review
140 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q1 2014, worth a combined $2.59B — up 5% from $2.46B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of RBA and 12 opened new positions — a net loss of 13 holders — while 51 trimmed existing stakes and 53 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $100M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $43.6M sold.
- 140 institutional investors held RB Global (RBA) as of Q1 2014, down from 155 in Q4 2013.
- Funds reported $2.59B of RB Global stock for Q1 2014, up 5% quarter-over-quarter.
- 12 funds opened new RB Global positions in Q1 2014 and 25 closed out, a net change of -13 holders.
- The largest RB Global buyer in Q1 2014 was T. Rowe Price Associates, an estimated $100M added.
- The largest RB Global seller in Q1 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $43.6M sold.
Based on aggregated 13F filings for Q1 2014.