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.
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: 6 → 7 (+1)
8% more funds holding
Funds holding: 176 → 190 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$46.9M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$42.5M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$26M |
| 4 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$17.2M |
| 5 |
CAM
CGOV Asset Management
Toronto,
Ontario, Canada
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$70.2M |
| 2 |
Neuberger Berman Group
New York
|
-$59.4M |
| 3 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$24.5M |
| 4 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$8.88M |
| 5 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
-$8.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
BNP Paribas Financial Markets
Paris,
France
| – | -$3.02K | -81 | Closed |
|
|
BONST
202
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
| – | -$2K | -55 | Closed |
|
203
BlackRock
New York
| – | -$1K | -17 | Closed |
|
|
WAP
204
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | +$336 | +12 | New |
|
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.