Radiant Logistics
RLGT
65 hedge funds and large institutions have $50M invested in Radiant Logistics in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 12 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.1% less ownership
Funds ownership: 34.28% → 34.18% (-0.1%)
7% less funds holding
Funds holding: 70 → 65 (-5)
16% less capital invested
Capital invested by funds: $59.7M → $50M (-$9.68M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.19M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.58M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$883K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$560K |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.57M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.53M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.46M |
| 4 |
WSA
Wall Street Associates
Lajolla,
California
|
-$1.42M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.22M |
RLGT Hedge Fund Activity: Q2 2016 in Review
65 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Radiant Logistics (RLGT) for Q2 2016, worth a combined $50M — down 16% from $59.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RLGT and 8 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 30 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $4.19M. The largest seller was Royal Bank of Canada, cutting an estimated $1.57M.
- 65 institutional investors held Radiant Logistics (RLGT) as of Q2 2016, down from 70 in Q1 2016.
- Funds reported $50M of Radiant Logistics stock for Q2 2016, down 16% quarter-over-quarter.
- 8 funds opened new Radiant Logistics positions in Q2 2016 and 12 closed out, a net change of -4 holders.
- The largest Radiant Logistics buyer in Q2 2016 was Wellington Management Group, an estimated $4.19M added.
- The largest Radiant Logistics seller in Q2 2016 was Royal Bank of Canada, an estimated $1.57M sold.
Based on aggregated 13F filings for Q2 2016.