RBC Bearings
147 hedge funds and large institutions have $1.65B invested in RBC Bearings in 2015 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 66 reducing their positions, and 17 closing their positions.
3% less funds holding
Funds holding: 152 → 147 (-5)
7% less capital invested
Capital invested by funds: $1.78B → $1.65B (-$129M)
21% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 66
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20.7M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$9.41M |
| 3 |
BAMCO Inc
New York
|
+$9.05M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$5.46M |
| 5 |
Renaissance Technologies
New York
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$8.79M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$7.79M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.41M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
-$7.03M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$6.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
151
Deere & Company
Moline,
Illinois
| – | -$624K | -8,150 | Closed |
|
152
Millennium Management
New York
| – | -$495K | -6,465 | Closed |
|
153
Prudential Financial
Newark,
New Jersey
| – | -$312K | -4,074 | Closed |
|
|
GCP
154
GSA Capital Partners
London,
United Kingdom
| – | -$283K | -3,698 | Closed |
|
|
VKH
155
Virtu KCG Holdings
New York
| – | -$228K | -2,985 | Closed |
|
|
CSS
156
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$219K | -2,867 | Closed |
|
157
Simplex Trading
Chicago,
Illinois
| – | -$45K | -590 | Closed |
|
158
Creative Planning
Overland Park,
Kansas
| – | -$19K | -248 | Closed |
|
159
SEI Investments
Oaks,
Pennsylvania
| – | -$9.84K | -134 | -98% |
|
|
WA
160
WFG Advisors
Dallas,
Texas
| – | -$2K | -27 | Closed |
|
161
Parallax Volatility Advisers
San Francisco,
California
| – | -$2K | -26 | Closed |
|
|
IWMPD
162
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$1K | -25 | Closed |
|
|
HR
163
Howe & Rusling
Rochester,
New York
| – | -$1K | -16 | Closed |
|
164
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -8 | Closed |
|
RBC Hedge Fund Activity: Q2 2015 in Review
147 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q2 2015, worth a combined $1.65B — down 7.3% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of RBC and 12 opened new positions — a net loss of 5 holders — while 66 trimmed existing stakes and 52 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $20.7M. The largest seller was Gotham Asset Management, cutting an estimated $8.79M.
- 147 institutional investors held RBC Bearings (RBC) as of Q2 2015, down from 152 in Q1 2015.
- Funds reported $1.65B of RBC Bearings stock for Q2 2015, down 7.3% quarter-over-quarter.
- 12 funds opened new RBC Bearings positions in Q2 2015 and 17 closed out, a net change of -5 holders.
- The largest RBC Bearings buyer in Q2 2015 was Lord, Abbett & Co, an estimated $20.7M added.
- The largest RBC Bearings seller in Q2 2015 was Gotham Asset Management, an estimated $8.79M sold.
Based on aggregated 13F filings for Q2 2015.