RBC Bearings
140 hedge funds and large institutions have $1.44B invested in RBC Bearings in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 67 increasing their positions, 48 reducing their positions, and 14 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 48
5% less funds holding
Funds holding: 147 → 140 (-7)
13% less capital invested
Capital invested by funds: $1.65B → $1.44B (-$219M)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.4M |
| 2 |
RA
Royce & Associates
New York
|
+$10M |
| 3 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$9.33M |
| 4 |
JP Morgan Chase
New York
|
+$9.25M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$6.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.83M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$6.48M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$4.38M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$4.18M |
| 5 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$2.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
151
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$230K | -3,200 | Closed |
|
|
ZIM
152
Zacks Investment Management
Chicago,
Illinois
| – | -$221K | -3,080 | Closed |
|
153
ProShare Advisors
Bethesda,
Maryland
| – | -$212K | -2,953 | Closed |
|
|
PAM
154
Paradigm Asset Management
New York
| – | -$89.7K | -1,250 | Closed |
|
RBC Hedge Fund Activity: Q3 2015 in Review
140 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q3 2015, worth a combined $1.44B — down 13% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RBC and 8 opened new positions — a net loss of 6 holders — while 48 trimmed existing stakes and 67 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $23.4M. The largest seller was Lord, Abbett & Co, cutting an estimated $6.83M.
- 140 institutional investors held RBC Bearings (RBC) as of Q3 2015, down from 147 in Q2 2015.
- Funds reported $1.44B of RBC Bearings stock for Q3 2015, down 13% quarter-over-quarter.
- 8 funds opened new RBC Bearings positions in Q3 2015 and 14 closed out, a net change of -6 holders.
- The largest RBC Bearings buyer in Q3 2015 was T. Rowe Price Associates, an estimated $23.4M added.
- The largest RBC Bearings seller in Q3 2015 was Lord, Abbett & Co, an estimated $6.83M sold.
Based on aggregated 13F filings for Q3 2015.