Rambus
RMBS
142 hedge funds and large institutions have $868M invested in Rambus in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 42 increasing their positions, 48 reducing their positions, and 16 closing their positions.
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
21% more call options, than puts
Call options by funds: $13.6M | Put options by funds: $11.3M
5% more funds holding
Funds holding: 135 → 142 (+7)
11% less capital invested
Capital invested by funds: $972M → $868M (-$105M)
13% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$9.82M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.84M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$4.28M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.1M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$14M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.38M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
-$3.69M |
| 4 |
Goldman Sachs
New York
|
-$3.03M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$2.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Tudor Investment Corp
Stamford,
Connecticut
| – | -$151K | -12,128 | Closed |
|
|
BAAM
152
Baker Avenue Asset Management
San Francisco,
California
| – | -$146K | -11,670 | Closed |
|
153
Walleye Trading
New York
| – | -$124K | -10,986 | Closed |
|
154
BNP Paribas Financial Markets
Paris,
France
| – | -$85.2K | -6,828 | Closed |
|
|
HMS
155
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$37K | -2,940 | Closed |
|
156
Schroder Investment Management Group
London,
United Kingdom
| – | -$1.25K | -100 | Closed |
|
157
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1K | -92 | Closed |
|
RMBS Hedge Fund Activity: Q4 2014 in Review
142 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Rambus (RMBS) for Q4 2014, worth a combined $868M — down 11% from $972M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RMBS positions and 16 closed out — a net gain of 9 holders — while 42 added to existing stakes and 48 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $9.82M. The largest seller was Light Street Capital Management, exiting entirely with an estimated $14M sold.
- 142 institutional investors held Rambus (RMBS) as of Q4 2014, up from 135 in Q3 2014.
- Funds reported $868M of Rambus stock for Q4 2014, down 11% quarter-over-quarter.
- 25 funds opened new Rambus positions in Q4 2014 and 16 closed out, a net change of +9 holders.
- The largest Rambus buyer in Q4 2014 was Waddell & Reed Financial, an estimated $9.82M added.
- The largest Rambus seller in Q4 2014 was Light Street Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2014.