RBC Bearings
219 hedge funds and large institutions have $3.23B invested in RBC Bearings in 2018 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 72 increasing their positions, 70 reducing their positions, and 24 closing their positions.
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
8% more funds holding
Funds holding: 202 → 219 (+17)
1% more ownership
Funds ownership: 98.36% → 99.36% (+1%)
3% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 70
11% less capital invested
Capital invested by funds: $3.64B → $3.23B (-$411M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
99% less call options, than puts
Call options by funds: $13K | Put options by funds: $1.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$79.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.7M |
| 4 |
ClearBridge Investments
New York
|
+$8.88M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$8.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$21.7M |
| 2 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$18.9M |
| 3 |
Neuberger Berman Group
New York
|
-$15.9M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$11.7M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$8.93M |
RBC Hedge Fund Activity: Q4 2018 in Review
219 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q4 2018, worth a combined $3.23B — down 11% from $3.64B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new RBC positions and 24 closed out — a net gain of 17 holders — while 72 added to existing stakes and 70 trimmed.
The largest buyer was Congress Asset Management, adding an estimated $79.2M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $21.7M.
- 219 institutional investors held RBC Bearings (RBC) as of Q4 2018, up from 202 in Q3 2018.
- Funds reported $3.23B of RBC Bearings stock for Q4 2018, down 11% quarter-over-quarter.
- 41 funds opened new RBC Bearings positions in Q4 2018 and 24 closed out, a net change of +17 holders.
- The largest RBC Bearings buyer in Q4 2018 was Congress Asset Management, an estimated $79.2M added.
- The largest RBC Bearings seller in Q4 2018 was Kayne Anderson Rudnick Investment Management, an estimated $21.7M sold.
Based on aggregated 13F filings for Q4 2018.