RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
RBCP was delisted on the 14th of October, 2024.
31 hedge funds and large institutions have $529M invested in RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $536M → $529M (-$6.73M)
14% less funds holding
Funds holding: 36 → 31 (-5)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$22.7M |
| 2 |
Morgan Stanley
New York
|
+$8M |
| 3 |
Two Sigma Investments
New York
|
+$7.91M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$7.84M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$6.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$24.5M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$15.2M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$13.7M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$9.6M |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$2.75M |
RBCP Hedge Fund Activity: Q2 2024 in Review
31 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock (RBCP) for Q2 2024, worth a combined $529M — down 1.3% from $536M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RBCP and 3 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Bank of America, opening a new position worth an estimated $22.7M. The largest seller was Marshall Wace, exiting entirely with an estimated $24.5M sold.
- 31 institutional investors held RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock (RBCP) as of Q2 2024, down from 36 in Q1 2024.
- Funds reported $529M of RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock stock for Q2 2024, down 1.3% quarter-over-quarter.
- 3 funds opened new RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock positions in Q2 2024 and 7 closed out, a net change of -4 holders.
- The largest RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock buyer in Q2 2024 was Bank of America, an estimated $22.7M added.
- The largest RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock seller in Q2 2024 was Marshall Wace, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2024.