Robert Half
RHI
435 hedge funds and large institutions have $4.28B invested in Robert Half in 2016 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 179 increasing their positions, 149 reducing their positions, and 49 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 149
14% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 49
0% more funds holding
Funds holding: 433 → 435 (+2)
1.69% less ownership
Funds ownership: 87.2% → 85.51% (-1.7%)
20% less capital invested
Capital invested by funds: $5.33B → $4.28B (-$1.05B)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
67% less call options, than puts
Call options by funds: $2.82M | Put options by funds: $8.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$59.8M |
| 2 |
First Manhattan
New York
|
+$50M |
| 3 |
Morgan Stanley
New York
|
+$42.3M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$32.9M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$70.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.3M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$55.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$41.2M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$40.7M |
RHI Hedge Fund Activity: Q2 2016 in Review
435 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Robert Half (RHI) for Q2 2016, worth a combined $4.28B — down 20% from $5.33B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new RHI positions and 49 closed out — a net gain of 7 holders — while 179 added to existing stakes and 149 trimmed.
The largest buyer was Sterling Capital Management, opening a new position worth an estimated $59.8M. The largest seller was AllianceBernstein, cutting an estimated $70.3M.
- 435 institutional investors held Robert Half (RHI) as of Q2 2016, up from 433 in Q1 2016.
- Funds reported $4.28B of Robert Half stock for Q2 2016, down 20% quarter-over-quarter.
- 56 funds opened new Robert Half positions in Q2 2016 and 49 closed out, a net change of +7 holders.
- The largest Robert Half buyer in Q2 2016 was Sterling Capital Management, an estimated $59.8M added.
- The largest Robert Half seller in Q2 2016 was AllianceBernstein, an estimated $70.3M sold.
Based on aggregated 13F filings for Q2 2016.