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RBCP

RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock

Delisted

RBCP was delisted on the 14th of October, 2024.

38 hedge funds and large institutions have $436M invested in RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

3% more funds holding

Funds holding: 3738 (+1)

0% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 11

1% less capital invested

Capital invested by funds: $441M → $436M (-$5.42M)

Holders
38
Holders Change
+1
Holders Change %
+2.7%
% of All Funds
0.61%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
3
Increased
11
Reduced
11
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
1
Wolverine Asset Management
Illinois
$44.3M +$1.5M +13,520 +3%
BlackRock
2
BlackRock
New York
$35.6M -$2.53M -22,801 -6%
Franklin Resources
3
Franklin Resources
California
$33.5M -$14.3M -129,192 -28%
Lord, Abbett & Co
4
Lord, Abbett & Co
New Jersey
$30.5M +$629K +5,668 +2%
Marshall Wace
5
Marshall Wace
United Kingdom
$25.6M
Two Sigma Investments
6
Two Sigma Investments
New York
$23.7M +$5.64M +50,828 +28%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$23.7M
AAI
8
Aequim Alternative Investments
California
$22.6M
Fidelity Investments
9
Fidelity Investments
Massachusetts
$17.8M +$3.33M +30,000 +21%
MF
10
Magnetar Financial
Illinois
$17M
AGC
11
Angelo Gordon & Co
New York
$17M
Bank of America
12
Bank of America
North Carolina
$15.7M -$5.2M -46,833 -23%
Invesco
13
Invesco
Georgia
$13.8M -$2.67M -24,025 -15%
SC
14
Sculptor Capital
New York
$13.1M +$5.88M +53,000 +71%
Wells Fargo
15
Wells Fargo
California
$12.1M
ICM
16
III Capital Management
Florida
$11.9M
SM
17
Skaana Management
New York
$10.1M +$6.29M +56,666 +137%
Mirae Asset Global Investments
18
Mirae Asset Global Investments
South Korea
$9.16M +$1.94M +17,511 +24%
Morgan Stanley
19
Morgan Stanley
New York
$9.14M +$5.77M +52,004 +140%
State Street
20
State Street
Massachusetts
$8.98M +$777K +7,000 +9%
VanEck Associates
21
VanEck Associates
New York
$7.44M +$81.8K +737 +1%
CL
22
CSS LLC
Illinois
$5.54M +$5.97M +53,744 New
JP Morgan Chase
23
JP Morgan Chase
New York
$5.29M -$259K -2,330 -4%
Calamos Advisors
24
Calamos Advisors
Illinois
$4.84M
PI
25
Putnam Investments
Massachusetts
$4.55M -$896K -8,067 -15%

RBCP Hedge Fund Activity: Q4 2022 in Review

38 of the 6,221 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 2022, worth a combined $436M — down 1.2% from $441M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new RBCP positions and 2 closed out — a net gain of 1 holder — while 11 added to existing stakes and 11 trimmed.

The largest buyer was Skaana Management, adding an estimated $6.29M. The largest seller was Franklin Resources, cutting an estimated $14.3M.

  • 38 institutional investors held RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock (RBCP) as of Q4 2022, up from 37 in Q3 2022.
  • Funds reported $436M of RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock stock for Q4 2022, down 1.2% quarter-over-quarter.
  • 3 funds opened new RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock positions in Q4 2022 and 2 closed out, a net change of +1 holder.
  • The largest RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock buyer in Q4 2022 was Skaana Management, an estimated $6.29M added.
  • The largest RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock seller in Q4 2022 was Franklin Resources, an estimated $14.3M sold.

Based on aggregated 13F filings for Q4 2022.