RBC Bearings
166 hedge funds and large institutions have $1.8B invested in RBC Bearings in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 57 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
11% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 57
2% more funds holding
Funds holding: 162 → 166 (+4)
4% more capital invested
Capital invested by funds: $1.73B → $1.8B (+$66.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$18.9M |
| 2 |
Neuberger Berman Group
New York
|
+$11.2M |
| 3 |
JP Morgan Chase
New York
|
+$9.3M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$7.72M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$38.5M |
| 2 |
Goldman Sachs
New York
|
-$15.6M |
| 3 |
RA
Royce & Associates
New York
|
-$9.6M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$5.29M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$5.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCOV
176
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$5K | -65 | Closed |
|
|
WTB
177
Washington Trust Bank
Spokane,
Washington
| – | -$2K | -26 | Closed |
|
|
TSW
178
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$2K | -22 | Closed |
|
179
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -18 | Closed |
|
RBC Hedge Fund Activity: Q3 2016 in Review
166 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q3 2016, worth a combined $1.8B — up 3.8% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RBC positions and 13 closed out — a net gain of 4 holders — while 63 added to existing stakes and 57 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $18.9M. The largest seller was Lord, Abbett & Co, cutting an estimated $38.5M.
- 166 institutional investors held RBC Bearings (RBC) as of Q3 2016, up from 162 in Q2 2016.
- Funds reported $1.8B of RBC Bearings stock for Q3 2016, up 3.8% quarter-over-quarter.
- 17 funds opened new RBC Bearings positions in Q3 2016 and 13 closed out, a net change of +4 holders.
- The largest RBC Bearings buyer in Q3 2016 was Kayne Anderson Rudnick Investment Management, an estimated $18.9M added.
- The largest RBC Bearings seller in Q3 2016 was Lord, Abbett & Co, an estimated $38.5M sold.
Based on aggregated 13F filings for Q3 2016.