RBC Bearings
RBC
329 hedge funds and large institutions have $6.56B invested in RBC Bearings in 2023 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 95 increasing their positions, 110 reducing their positions, and 36 closing their positions.
75% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 36
8% more funds holding
Funds holding: 304 → 329 (+25)
3.07% less ownership
Funds ownership: 107% → 103.94% (-3.1%)
9% less capital invested
Capital invested by funds: $7.22B → $6.56B (-$662M)
14% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 110
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
37% less call options, than puts
Call options by funds: $20.4M | Put options by funds: $32.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$56.4M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$44.2M |
| 3 |
Jane Street
New York
|
+$34.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$30.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$161M |
| 2 |
State Street
Boston,
Massachusetts
|
-$37M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$29.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$29.3M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$28.3M |
RBC Hedge Fund Activity: Q2 2023 in Review
329 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q2 2023, worth a combined $6.56B — down 9.2% from $7.22B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new RBC positions and 36 closed out — a net gain of 27 holders — while 95 added to existing stakes and 110 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $56.4M. The largest seller was BlackRock, cutting an estimated $161M.
- 329 institutional investors held RBC Bearings (RBC) as of Q2 2023, up from 304 in Q1 2023.
- Funds reported $6.56B of RBC Bearings stock for Q2 2023, down 9.2% quarter-over-quarter.
- 63 funds opened new RBC Bearings positions in Q2 2023 and 36 closed out, a net change of +27 holders.
- The largest RBC Bearings buyer in Q2 2023 was Millennium Management, an estimated $56.4M added.
- The largest RBC Bearings seller in Q2 2023 was BlackRock, an estimated $161M sold.
Based on aggregated 13F filings for Q2 2023.