RBC Bearings
RBC
138 hedge funds and large institutions have $1.5B invested in RBC Bearings in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 53 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
7% more funds holding
Funds holding: 129 → 138 (+9)
2% more capital invested
Capital invested by funds: $1.48B → $1.5B (+$23M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$15.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$13.1M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$9.04M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$5.12M |
| 5 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$4.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$17.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12.3M |
| 3 |
FAM
Fred Alger Management
New York
|
-$5.29M |
| 4 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
-$3.97M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$3.47M |
RBC Hedge Fund Activity: Q2 2014 in Review
138 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q2 2014, worth a combined $1.5B — up 1.6% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RBC positions and 8 closed out — a net gain of 9 holders — while 47 added to existing stakes and 53 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $15.4M. The largest seller was Jennison Associates, cutting an estimated $17.7M.
- 138 institutional investors held RBC Bearings (RBC) as of Q2 2014, up from 129 in Q1 2014.
- Funds reported $1.5B of RBC Bearings stock for Q2 2014, up 1.6% quarter-over-quarter.
- 17 funds opened new RBC Bearings positions in Q2 2014 and 8 closed out, a net change of +9 holders.
- The largest RBC Bearings buyer in Q2 2014 was Waddell & Reed Financial, an estimated $15.4M added.
- The largest RBC Bearings seller in Q2 2014 was Jennison Associates, an estimated $17.7M sold.
Based on aggregated 13F filings for Q2 2014.