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RB Global

162 hedge funds and large institutions have $2.6B invested in RB Global in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 74 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

1.39% more ownership

Funds ownership: 94.73%96.12% (+1.4%)

1% more funds holding

Funds holding: 160162 (+2)

5% less capital invested

Capital invested by funds: $2.75B → $2.6B (-$146M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

38% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 74

49% less call options, than puts

Call options by funds: $276K | Put options by funds: $546K

Holders
162
Holders Change
+2
Holders Change %
+1.25%
% of All Funds
4.32%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
19
Increased
46
Reduced
74
Closed
15
Calls
$276K
Puts
$546K
Net Calls
-$270K
Net Calls Change
-$68K
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$295M +$4.61M +180,449 +2%
RA
2
Royce & Associates
New York
$248M -$2.73M -106,970 -1%
Caisse de Depot et Placement du Quebec (CDPQ)
3
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$227M
Primecap Management
4
Primecap Management
California
$197M +$3.31M +129,600 +2%
BAM
5
Burgundy Asset Management
Ontario, Canada
$159M -$41.6M -1,629,989 -20%
CPCM
6
Clifton Park Capital Management
Delaware
$151M -$9.53M -373,435 -6%
RP
7
Riverbridge Partners
Minnesota
$121M -$30.3M -1,188,208 -20%
JSP
8
Jackson Square Partners
California
$95M +$216K +8,480 +0.2%
MIP
9
Mondrian Investment Partners
United Kingdom
$70.5M -$5.82M -227,956 -9%
RIM
10
RS Investment Management
California
$66.1M +$67.6M +2,649,000 New
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$63.4M +$430K +16,860 +0.7%
JHIU
12
Janus Henderson Investors US
Colorado
$62.8M +$29.7M +1,164,509 +86%
Macquarie Group
13
Macquarie Group
Australia
$61.4M -$3.89M -152,589 -6%
KAM
14
Keeley Asset Management
Illinois
$48.4M -$2.38M -93,290 -5%
LCOV
15
London Company of Virginia
Virginia
$46.8M -$1.76M -69,111 -4%
Citadel Advisors
16
Citadel Advisors
Florida
$44.7M +$6.98M +273,595 +18%
GKIM
17
GW&K Investment Management
Massachusetts
$44.6M +$231K +9,046 +0.5%
CIP
18
Champlain Investment Partners
Vermont
$43.8M +$2.18M +85,370 +5%
ACH
19
ArrowMark Colorado Holdings
Colorado
$34.5M -$17.6M -688,502 -33%
Norges Bank
20
Norges Bank
Norway
$28.7M +$3.92M +153,456 +15%
Canada Pension Plan Investment Board
21
Canada Pension Plan Investment Board
Ontario, Canada
$23.4M -$1.04M -40,750 -4%
Public Sector Pension Investment Board (PSP Investments)
22
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$23M -$1M -39,200 -4%
FCM
23
Frontier Capital Management
Massachusetts
$21.8M -$899K -35,240 -4%
MAA
24
Managed Account Advisors
New Jersey
$21.5M -$1.28M -50,019 -5%
Vanguard Group
25
Vanguard Group
Pennsylvania
$19.8M +$20.2M +793,374 New

RBA Hedge Fund Activity: Q1 2015 in Review

162 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q1 2015, worth a combined $2.6B — down 5.3% from $2.75B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new RBA positions and 15 closed out — a net gain of 4 holders — while 46 added to existing stakes and 74 trimmed.

The largest buyer was RS Investment Management, opening a new position worth an estimated $67.6M. The largest seller was Burgundy Asset Management, cutting an estimated $41.6M.

  • 162 institutional investors held RB Global (RBA) as of Q1 2015, up from 160 in Q4 2014.
  • Funds reported $2.6B of RB Global stock for Q1 2015, down 5.3% quarter-over-quarter.
  • 19 funds opened new RB Global positions in Q1 2015 and 15 closed out, a net change of +4 holders.
  • The largest RB Global buyer in Q1 2015 was RS Investment Management, an estimated $67.6M added.
  • The largest RB Global seller in Q1 2015 was Burgundy Asset Management, an estimated $41.6M sold.

Based on aggregated 13F filings for Q1 2015.