RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
RBCP was delisted on the 14th of October, 2024.
40 hedge funds and large institutions have $471M invested in RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 11 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
6% less capital invested
Capital invested by funds: $503M → $471M (-$32.5M)
7% less funds holding
Funds holding: 43 → 40 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$43.3M |
| 2 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$19.5M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$11.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$10.6M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.1M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$19.5M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$19.5M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$19.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.3M |
RBCP Hedge Fund Activity: Q4 2021 in Review
40 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock (RBCP) for Q4 2021, worth a combined $471M — down 6.5% from $503M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RBCP and 8 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was BlackRock, opening a new position worth an estimated $43.3M. The largest seller was Citadel Advisors, cutting an estimated $25.1M.
- 40 institutional investors held RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock (RBCP) as of Q4 2021, down from 43 in Q3 2021.
- Funds reported $471M of RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock stock for Q4 2021, down 6.5% quarter-over-quarter.
- 8 funds opened new RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock positions in Q4 2021 and 11 closed out, a net change of -3 holders.
- The largest RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock buyer in Q4 2021 was BlackRock, an estimated $43.3M added.
- The largest RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock seller in Q4 2021 was Citadel Advisors, an estimated $25.1M sold.
Based on aggregated 13F filings for Q4 2021.