Radiant Logistics
RLGT
115 hedge funds and large institutions have $143M invested in Radiant Logistics in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 49 reducing their positions, and 13 closing their positions.
2.05% less ownership
Funds ownership: 57.81% → 55.76% (-2%)
4% less funds holding
Funds holding: 120 → 115 (-5)
18% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 49
19% less capital invested
Capital invested by funds: $176M → $143M (-$32.7M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$3.76M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$2.24M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.83M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$796K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$4.15M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.85M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.8M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.46M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AOWM
126
Alpha Omega Wealth Management
Richmond,
Virginia
| – | -$60K | -9,845 | Closed |
|
127
Fidelity Investments
Boston,
Massachusetts
| – | -$192 | -37 | -29% |
|
|
FHA
128
First Horizon Advisors
Memphis,
Tennessee
| – | +$696 | +134 | New |
|
RLGT Hedge Fund Activity: Q3 2019 in Review
115 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Radiant Logistics (RLGT) for Q3 2019, worth a combined $143M — down 19% from $176M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of RLGT and 9 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 40 added.
The largest buyer was Russell Investments Group, adding an estimated $3.76M. The largest seller was Boston Partners, cutting an estimated $4.15M.
- 115 institutional investors held Radiant Logistics (RLGT) as of Q3 2019, down from 120 in Q2 2019.
- Funds reported $143M of Radiant Logistics stock for Q3 2019, down 19% quarter-over-quarter.
- 9 funds opened new Radiant Logistics positions in Q3 2019 and 13 closed out, a net change of -4 holders.
- The largest Radiant Logistics buyer in Q3 2019 was Russell Investments Group, an estimated $3.76M added.
- The largest Radiant Logistics seller in Q3 2019 was Boston Partners, an estimated $4.15M sold.
Based on aggregated 13F filings for Q3 2019.