RB Global
173 hedge funds and large institutions have $2.6B invested in RB Global in 2016 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 66 reducing their positions, and 39 closing their positions.
4% more capital invested
Capital invested by funds: $2.51B → $2.6B (+$93.9M)
7% less funds holding
Funds holding: 186 → 173 (-13)
9.01% less ownership
Funds ownership: 97.23% → 88.23% (-9%)
11% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 66
31% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 39
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
54% less call options, than puts
Call options by funds: $389K | Put options by funds: $847K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$40.1M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$23.9M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$15.4M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$6.49M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$67.5M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$27.4M |
| 3 |
RA
Royce & Associates
New York
|
-$25.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$23.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$20.8M |
RBA Hedge Fund Activity: Q1 2016 in Review
173 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q1 2016, worth a combined $2.6B — up 3.7% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of RBA and 27 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 59 added.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $40.1M. The largest seller was RS Investment Management, cutting an estimated $67.5M.
- 173 institutional investors held RB Global (RBA) as of Q1 2016, down from 186 in Q4 2015.
- Funds reported $2.6B of RB Global stock for Q1 2016, up 3.7% quarter-over-quarter.
- 27 funds opened new RB Global positions in Q1 2016 and 39 closed out, a net change of -12 holders.
- The largest RB Global buyer in Q1 2016 was Neuberger Berman Group, an estimated $40.1M added.
- The largest RB Global seller in Q1 2016 was RS Investment Management, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2016.