Radiant Logistics
RLGT
30 hedge funds and large institutions have $13M invested in Radiant Logistics in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
25% more funds holding
Funds holding: 24 → 30 (+6)
11% more capital invested
Capital invested by funds: $11.7M → $13M (+$1.32M)
1.12% more ownership
Funds ownership: 11.28% → 12.4% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAD
Craig A. Drill
|
+$1.1M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$316K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$137K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$135K |
| 5 |
Renaissance Technologies
New York
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Penbrook Management
New York
|
-$631K |
| 2 |
WIC
Woodmont Investment Counsel
Nashville,
Tennessee
|
-$154K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$109K |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$107K |
| 5 |
N
Natixis
Paris,
France
|
-$58K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
26
UBS
Zurich,
Switzerland
| $9K | +$4.59K | +1,496 | +106% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$4.61K | +1,500 | New |
|
|
TDC
28
Thompson Davis & Co
Richmond,
Virginia
| $3K | – | – | – |
|
29
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | +$3.42K | +1,113 | New |
|
30
Citigroup
New York
| $1K | +$829 | +270 | +126% |
|
|
BIT
31
BlackRock Institutional Trust
San Francisco,
California
| – | -$109K | -35,187 | Closed |
|
|
N
32
Natixis
Paris,
France
| – | -$58K | -18,700 | Closed |
|
RLGT Hedge Fund Activity: Q2 2014 in Review
30 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Radiant Logistics (RLGT) for Q2 2014, worth a combined $13M — up 11% from $11.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RLGT positions and 2 closed out — a net gain of 6 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Craig A. Drill, adding an estimated $1.1M. The largest seller was Penbrook Management, cutting an estimated $631K.
- 30 institutional investors held Radiant Logistics (RLGT) as of Q2 2014, up from 24 in Q1 2014.
- Funds reported $13M of Radiant Logistics stock for Q2 2014, up 11% quarter-over-quarter.
- 8 funds opened new Radiant Logistics positions in Q2 2014 and 2 closed out, a net change of +6 holders.
- The largest Radiant Logistics buyer in Q2 2014 was Craig A. Drill, an estimated $1.1M added.
- The largest Radiant Logistics seller in Q2 2014 was Penbrook Management, an estimated $631K sold.
Based on aggregated 13F filings for Q2 2014.