RBC Bearings
305 hedge funds and large institutions have $7.22B invested in RBC Bearings in 2023 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 116 increasing their positions, 99 reducing their positions, and 34 closing their positions.
32% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 34
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 99
14% more capital invested
Capital invested by funds: $6.36B → $7.22B (+$862M)
2.32% more ownership
Funds ownership: 104.68% → 107% (+2.3%)
2% more funds holding
Funds holding: 299 → 305 (+6)
21% less call options, than puts
Call options by funds: $34.6M | Put options by funds: $44.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$76.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$42.9M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$38.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$34.7M |
| 5 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$208M |
| 2 |
FAM
Fred Alger Management
New York
|
-$25.6M |
| 3 |
ClearBridge Investments
New York
|
-$24.6M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17.4M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$12.8M |
RBC Hedge Fund Activity: Q1 2023 in Review
305 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings (RBC) for Q1 2023, worth a combined $7.22B — up 14% from $6.36B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new RBC positions and 34 closed out — a net gain of 11 holders — while 116 added to existing stakes and 99 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $76.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $208M.
- 305 institutional investors held RBC Bearings (RBC) as of Q1 2023, up from 299 in Q4 2022.
- Funds reported $7.22B of RBC Bearings stock for Q1 2023, up 14% quarter-over-quarter.
- 45 funds opened new RBC Bearings positions in Q1 2023 and 34 closed out, a net change of +11 holders.
- The largest RBC Bearings buyer in Q1 2023 was Allspring Global Investments, an estimated $76.6M added.
- The largest RBC Bearings seller in Q1 2023 was T. Rowe Price Associates, an estimated $208M sold.
Based on aggregated 13F filings for Q1 2023.