RB Global
185 hedge funds and large institutions have $3.48B invested in RB Global in 2016 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 50 increasing their positions, 78 reducing their positions, and 35 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
28% more call options, than puts
Call options by funds: $6.29M | Put options by funds: $4.93M
9% more capital invested
Capital invested by funds: $3.19B → $3.48B (+$287M)
3.16% more ownership
Funds ownership: 88.3% → 91.47% (+3.2%)
6% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 35
0% more funds holding
Funds holding: 185 → 185 (0)
36% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$114M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$82.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$52M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$29.7M |
| 5 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$58.9M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$37.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$36.8M |
| 4 |
RA
Royce & Associates
New York
|
-$34.7M |
| 5 |
Primecap Management
Pasadena,
California
|
-$20.8M |
RBA Hedge Fund Activity: Q3 2016 in Review
185 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q3 2016, worth a combined $3.48B — up 9% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new RBA positions and 35 closed out — a net gain of 2 holders — while 50 added to existing stakes and 78 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $114M. The largest seller was Fidelity Investments, exiting entirely with an estimated $58.9M sold.
- 185 institutional investors held RB Global (RBA) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $3.48B of RB Global stock for Q3 2016, up 9% quarter-over-quarter.
- 37 funds opened new RB Global positions in Q3 2016 and 35 closed out, a net change of +2 holders.
- The largest RB Global buyer in Q3 2016 was Victory Capital Management, an estimated $114M added.
- The largest RB Global seller in Q3 2016 was Fidelity Investments, an estimated $58.9M sold.
Based on aggregated 13F filings for Q3 2016.