RBC Bearings
237 hedge funds and large institutions have $2.76B invested in RBC Bearings in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 82 increasing their positions, 92 reducing their positions, and 35 closing their positions.
572% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $203K
0.7% less ownership
Funds ownership: 98.49% → 97.79% (-0.7%)
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
1% less funds holding
Funds holding: 240 → 237 (-3)
11% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 92
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less capital invested
Capital invested by funds: $3.9B → $2.76B (-$1.14B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$61.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$38.5M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$20.9M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$15.8M |
| 5 |
Millennium Management
New York
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$84.1M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$57.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.8M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$21M |
| 5 |
BlackRock
New York
|
-$18.3M |
RBC Hedge Fund Activity: Q1 2020 in Review
237 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q1 2020, worth a combined $2.76B — down 29% from $3.9B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of RBC and 34 opened new positions — a net loss of 1 holder — while 92 trimmed existing stakes and 82 added.
The largest buyer was Durable Capital Partners, opening a new position worth an estimated $61.8M. The largest seller was Congress Asset Management, cutting an estimated $84.1M.
- 237 institutional investors held RBC Bearings (RBC) as of Q1 2020, down from 240 in Q4 2019.
- Funds reported $2.76B of RBC Bearings stock for Q1 2020, down 29% quarter-over-quarter.
- 34 funds opened new RBC Bearings positions in Q1 2020 and 35 closed out, a net change of -1 holder.
- The largest RBC Bearings buyer in Q1 2020 was Durable Capital Partners, an estimated $61.8M added.
- The largest RBC Bearings seller in Q1 2020 was Congress Asset Management, an estimated $84.1M sold.
Based on aggregated 13F filings for Q1 2020.