RBC Bearings
RBC
152 hedge funds and large institutions have $1.78B invested in RBC Bearings in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
20% more capital invested
Capital invested by funds: $1.49B → $1.78B (+$293M)
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
6% more funds holding
Funds holding: 143 → 152 (+9)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $31K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$18M |
| 2 |
Neuberger Berman Group
New York
|
+$14.4M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$12.7M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$10.5M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$24.2M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$7.47M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$6.16M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$5.57M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$5.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
151
Howe & Rusling
Rochester,
New York
| $1K | +$1K | +16 | New |
|
|
IWMPD
152
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| $1K | +$1.57K | +25 | New |
|
|
KAM
153
Keeley Asset Management
Chicago,
Illinois
| – | -$24.2M | -375,000 | Closed |
|
|
MSA
154
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$1.74M | -27,000 | Closed |
|
|
EAM
155
Eagle Asset Management
St Petersburg,
Florida
| – | -$1.45M | -22,454 | Closed |
|
|
AA
156
ALPS Advisors
Denver,
Colorado
| – | -$563K | -8,730 | Closed |
|
157
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$536K | -8,303 | Closed |
|
158
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$233K | -3,610 | Closed |
|
|
SVP
159
Springbank Value Partners
Hampton Bays,
New York
| – | -$223K | -3,449 | Closed |
|
|
BRWA
160
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$47 | -729 | Closed |
|
161
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -77 | Closed |
|
RBC Hedge Fund Activity: Q1 2015 in Review
152 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q1 2015, worth a combined $1.78B — up 20% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new RBC positions and 9 closed out — a net gain of 11 holders — while 56 added to existing stakes and 49 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $18M. The largest seller was Keeley Asset Management, exiting entirely with an estimated $24.2M sold.
- 152 institutional investors held RBC Bearings (RBC) as of Q1 2015, up from 143 in Q4 2014.
- Funds reported $1.78B of RBC Bearings stock for Q1 2015, up 20% quarter-over-quarter.
- 20 funds opened new RBC Bearings positions in Q1 2015 and 9 closed out, a net change of +11 holders.
- The largest RBC Bearings buyer in Q1 2015 was Lord, Abbett & Co, an estimated $18M added.
- The largest RBC Bearings seller in Q1 2015 was Keeley Asset Management, an estimated $24.2M sold.
Based on aggregated 13F filings for Q1 2015.