RBC Bearings
129 hedge funds and large institutions have $1.48B invested in RBC Bearings in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
4% less funds holding
Funds holding: 135 → 129 (-6)
9% less capital invested
Capital invested by funds: $1.62B → $1.48B (-$150M)
19% less call options, than puts
Call options by funds: $1.15M | Put options by funds: $1.41M
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$26.6M |
| 2 |
Neuberger Berman Group
New York
|
+$11.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$9.05M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$8.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$28.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.2M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$9.86M |
| 4 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$4.03M |
| 5 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
-$3.79M |
RBC Hedge Fund Activity: Q1 2014 in Review
129 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q1 2014, worth a combined $1.48B — down 9.2% from $1.62B a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of RBC and 7 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 52 added.
The largest buyer was TimesSquare Capital Management, adding an estimated $26.6M. The largest seller was Jennison Associates, cutting an estimated $28.5M.
- 129 institutional investors held RBC Bearings (RBC) as of Q1 2014, down from 135 in Q4 2013.
- Funds reported $1.48B of RBC Bearings stock for Q1 2014, down 9.2% quarter-over-quarter.
- 7 funds opened new RBC Bearings positions in Q1 2014 and 10 closed out, a net change of -3 holders.
- The largest RBC Bearings buyer in Q1 2014 was TimesSquare Capital Management, an estimated $26.6M added.
- The largest RBC Bearings seller in Q1 2014 was Jennison Associates, an estimated $28.5M sold.
Based on aggregated 13F filings for Q1 2014.