RB Global
180 hedge funds and large institutions have $3.24B invested in RB Global in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 75 increasing their positions, 66 reducing their positions, and 30 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
14% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 66
5.58% more ownership
Funds ownership: 96.82% → 102.4% (+5.6%)
7% less capital invested
Capital invested by funds: $3.47B → $3.24B (-$227M)
8% less funds holding
Funds holding: 196 → 180 (-16)
47% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 30
57% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $2.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$190M |
| 2 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$118M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$66.3M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$51.9M |
| 5 |
CAM
CGOV Asset Management
Toronto,
Ontario, Canada
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$59.5M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$40.3M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$36.2M |
| 4 |
Neuberger Berman Group
New York
|
-$33.8M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$19.3M |
RBA Hedge Fund Activity: Q2 2017 in Review
180 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q2 2017, worth a combined $3.24B — down 6.6% from $3.47B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of RBA and 16 opened new positions — a net loss of 14 holders — while 66 trimmed existing stakes and 75 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $190M. The largest seller was Victory Capital Management, cutting an estimated $59.5M.
- 180 institutional investors held RB Global (RBA) as of Q2 2017, down from 196 in Q1 2017.
- Funds reported $3.24B of RB Global stock for Q2 2017, down 6.6% quarter-over-quarter.
- 16 funds opened new RB Global positions in Q2 2017 and 30 closed out, a net change of -14 holders.
- The largest RB Global buyer in Q2 2017 was Janus Henderson Group, an estimated $190M added.
- The largest RB Global seller in Q2 2017 was Victory Capital Management, an estimated $59.5M sold.
Based on aggregated 13F filings for Q2 2017.