Rambus
RMBS
122 hedge funds and large institutions have $611M invested in Rambus in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
32% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $10.8M
21% more capital invested
Capital invested by funds: $503M → $611M (+$107M)
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
4% more funds holding
Funds holding: 117 → 122 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$16.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.3M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$8.73M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$6.36M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.47M |
| 2 |
Millennium Management
New York
|
-$2.96M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2.39M |
| 4 |
Primecap Management
Pasadena,
California
|
-$1.39M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Capital Fund Management (CFM)
Paris,
France
| – | -$275K | -31,966 | Closed |
|
127
Nomura Holdings
Tokyo,
Japan
| – | -$194K | -22,601 | Closed |
|
|
CCM
128
Coe Capital Management
Highland Park,
Illinois
| – | -$171K | -20,000 | Closed |
|
|
N
129
Natixis
Paris,
France
| – | -$144K | -16,800 | Closed |
|
|
HCM
130
Highbridge Capital Management
New York
| – | -$106K | -11,554 | Closed |
|
|
WAM
131
World Asset Management
Detroit,
Michigan
| – | -$89K | -10,335 | Closed |
|
|
QT
132
Quantbot Technologies
New York
| – | -$33K | -3,900 | Closed |
|
|
OMCS
133
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$11K | -1,300 | Closed |
|
RMBS Hedge Fund Activity: Q3 2013 in Review
122 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Rambus (RMBS) for Q3 2013, worth a combined $611M — up 21% from $503M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RMBS positions and 13 closed out — a net gain of 8 holders — while 40 added to existing stakes and 34 trimmed.
The largest buyer was Luther King Capital Management (LKCM), adding an estimated $16.2M. The largest seller was Bogle Investment Management, exiting entirely with an estimated $6.47M sold.
- 122 institutional investors held Rambus (RMBS) as of Q3 2013, up from 117 in Q2 2013.
- Funds reported $611M of Rambus stock for Q3 2013, up 21% quarter-over-quarter.
- 21 funds opened new Rambus positions in Q3 2013 and 13 closed out, a net change of +8 holders.
- The largest Rambus buyer in Q3 2013 was Luther King Capital Management (LKCM), an estimated $16.2M added.
- The largest Rambus seller in Q3 2013 was Bogle Investment Management, an estimated $6.47M sold.
Based on aggregated 13F filings for Q3 2013.